
Cheap Apartments for Rent near Central Elgin, ON from $679 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Central Elgin.


Revo on King St

Grosvenor Estates

The Eleanor

Total Monthly Price
The Dorchester

Total Monthly Price
The Weatherfield

105 Cherryhill Blvd

120 Cherryhill Pl

Granite House
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

190 Cherryhill Cir

420 Central Avenue

Total Monthly Price
Canterbury Towers

Webster Apartments

Trillium Towers I/II

Highland Park Apartments I/II

498 Queens Avenue

250 Oakland Avenue

Platts Crossing
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Gordon Avenue

50 Scott St, Unit 213

50 Scott St, Unit 213

50 Scott St, Unit 121

50 Scott St, Unit 121

The Greystone

77 East St

77 East St

42-82 Parkside Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

647 Talbot St

647 Talbot St

South Wortley Residences

50 Scott St, Unit 203

50 Scott St, Unit 203

Highview Glen

Veronica Place I

42 Wenlock Cres

31 Parkside Dr, Unit 104
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

31 Parkside Dr, Unit 104
Central Elgin, ON Local Guide
How much does it cost to rent an apartment in Central Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Elgin Studio Apartments | $1,364 | $1,150 | $1,692 |
| Central Elgin 1 Bedroom Apartments | $1,661 | $1,225 | $2,870 |
| Central Elgin 2 Bedroom Apartments | $2,157 | $1,499 | $7,200 |
| Central Elgin 3 Bedroom Apartments | $2,736 | $1,842 | $7,300 |
| Central Elgin 4 Bedroom Apartments | $2,268 | $929 | $6,717 |
Browse Top Apartments in Central Elgin
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Central Elgin, ON Local Guide
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Cheapest Available Central Elgin Apartments for Rent and Nearby
 The cheapest available apartment rental in Central Elgin, ON is a Studio unit found at Studios on King priced from $1,150. 42-82 Parkside Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,210. Here is today’s list of the most affordable Central Elgin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Studios on King | Bachelor | Studio,1BA | $1,150 |
| 42-82 Parkside Dr | 1 Bedroom | 1BR,1BA | $1,210 |
| Revo on King St | One Bedroom | 1BR,1BA | $1,225 |
| The Eleanor | Bachelor | Studio,1BA | $1,249 |
| The Dorchester | 0 Bedroom, 1 Bathroom | Studio,1BA | $1,258 |
| The Weatherfield | 0 Beds, 1 Baths | Studio,1BA | $1,265 |
| 190 Cherryhill Cir | Bachelor | Studio,1BA | $1,299 |
| 105 Cherryhill Blvd | Bachelor | Studio,1BA | $1,299 |
| 120 Cherryhill Pl | Bachelor | Studio,1BA | $1,299 |
| 420 Central Avenue | Studio | Studio,1BA | $1,324 |
Best Value Apartments for Rent in Central Elgin, ON and Nearby
As of September 07, 2026 the best value apartment in the Central Elgin area is the $1.47 price per square foot 3 bedroom, 2 bath, with solarium Model at 110 Belmont Drive in the starting from $1,997. The second greatest value Central Elgin apartment is the 2 Bedroom Model at The Gartshore starting at $1,899 with a $1.54 price per square foot . Here is today’s list of the best values for Central Elgin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 110 Belmont Drive | 3 bedroom, 2 bath, with solarium | 3BR,2BA | $1.47 |
| The Gartshore | 2 Bedroom | 2BR,1.5BA | $1.54 |
| Grand Avenue Apartments | Three Bedroom Penthouse | 3BR,1BA | $1.58 |
| 3040 Pomeroy Lane | Ashford | 2BR,2BA | $1.76 |
| 695 Proudfoot Lane | The Lily | 2BR,1.5BA | $1.54 |
| Highland Village | 2 Beds, 1 Baths | 2BR,1BA | $1.41 |
| 340 Colborne Street | 2 Bedroom | 2BR,1BA | $1.68 |
| Topping Lane Terrace | 2 Bedroom Premium | 2BR,1BA | $1.77 |
| Grosvenor Estates | 2 Bedroom | 2BR,1BA | $1.66 |
| Webster Apartments | Renovated 1 Bedroom (1st floor) | 1BR,1BA | $1.69 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Central Elgin, ON Rentals by Map
See the most popular apartments and homes in Central Elgin, ON
Frequently Asked Questions about Cheap Central Elgin Apartments
What is the Cheapest Studio apartment in Central Elgin?
Currently the most affordable Cheap Studio Apartment in Central Elgin is at Studios on King listed at $1,150.
How much is rent for a Cheap One Bedroom Central Elgin Apartment?
The lowest price for a Cheap One Bedroom Central Elgin Apartment is $1,210 at 42-82 Parkside Dr.
What is the lowest price for a Cheap Two Bedroom Central Elgin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Elgin is starting from $1,499 at Ridout Towers.
What is the most affordable Central Elgin Three Bedroom Apartment?
The best deal on a cheap Central Elgin Three Bedroom Apartment rental is at 939 Western and starts from $1,842.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.