
Cheap Apartments for Rent near Central Elgin, ON from $700 (104 Rentals)
Search the lowest-cost Apartments available for rent right now in Central Elgin.


Studios on King

The Eleanor

Total Monthly Price
The Weatherfield

Total Monthly Price
The Dorchester

Trillium Towers I/II

420 Central Avenue

Total Monthly Price
Canterbury Towers

Gordon Avenue

190 Cherryhill Cir
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.

105 Cherryhill Blvd

120 Cherryhill Pl

725-745 Wonderland Road South

Webster Apartments

498 Queens Avenue

123 King St

Wonderland Road

Oakland Avenue

Platts Crossing

250 Oakland Avenue
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.

South Wortley Residences

Forest Hill

Highland Park Apartments I/II

Total Monthly Price
Castlegrove Apartments

Bradley Court I/II

Highland Village

Scenic Tower

Granite House

396 Queens Avenue

530 PROUDFOOT LANE
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.

Total Monthly Price
The Whitehall

227 Cathcart St

875 Wonderland Road South

940 Commissioners Road East

780 Wonderland Road South

Veronica Place I

Topping Lane Terrace

Ridout Towers

939 Western
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.

Grosvenor Estates

Total Monthly Price
Talbot Towers

SOHOSQ Rentals

White Oaks Gate

95 Ridout Street South

910 Wonderland Rd S

Total Monthly Price
Westmount Suites

675 Richmond Street

Pomeroy Place

Centro
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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 | $1,376 | $1,150 | $1,646 |
| Central Elgin 1 Bedroom Apartments | $1,687 | $1,100 | $3,015 |
| Central Elgin 2 Bedroom Apartments | $2,181 | $1,499 | $7,200 |
| Central Elgin 3 Bedroom Apartments | $2,729 | $1,842 | $7,300 |
| Central Elgin 4 Bedroom Apartments | $2,359 | $929 | $7,259 |
Browse Top Apartments in Central Elgin
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Central Elgin, ON Local Guide
- Nearby Cities
Cheapest Available Central Elgin Apartments for Rent and Nearby
 The cheapest available apartment rental in Central Elgin, ON is a 1 Bed unit found at Revo on King St priced from $1,100. Studios on King has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Central Elgin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Revo on King St | One Bedroom | 1BR,1BA | $1,100 |
| Studios on King | Bachelor | Studio,1BA | $1,150 |
| The Eleanor | Bachelor | Studio,1BA | $1,249 |
| The Weatherfield | 0 Beds, 1 Baths | Studio,1BA | $1,260 |
| The Dorchester | 0 Bedroom, 1 Bathroom | Studio,1BA | $1,280 |
| The Greystone | 1 Bedroom | 1BR,1BA | $1,298 |
| 420 Central Avenue | Studio | Studio,1BA | $1,324 |
| Canterbury Towers | 0 Bedroom, 1 Bathroom | Studio,1BA | $1,330 |
| 190 Cherryhill Cir | Bachelor | Studio,1BA | $1,349 |
| Gordon Avenue | 1 Bedroom Promotional Price For First 7 Months* | 1BR,1BA | $1,349 |
Best Value Apartments for Rent in Central Elgin, ON and Nearby
As of July 24, 2026 the best value apartment in the Central Elgin area is the $1.78 price per square foot 2 Bedroom Model at 340 Colborne Street in the starting from $1,890. The second greatest value Central Elgin apartment is the 2 Bedroom Model at Stonehedge Towers starting at $1,749 with a $1.73 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. |
|---|---|---|---|
| 340 Colborne Street | 2 Bedroom | 2BR,1BA | $1.78 |
| Stonehedge Towers | 2 Bedroom | 2BR,2BA | $1.73 |
| Opus Apartments and Townhomes | 1 Bedroom Suites | 1BR,1BA | $1.87 |
| Oakland Avenue | 2 Bedroom (Type B) | 2BR,1BA | $1.73 |
| South Grand Apartments | 2 Bedroom | 2BR,1BA | $1.58 |
| 95 Ridout Street South | 1 Bedroom, 1 Bath, Balcony | 1BR,1BA | $1.78 |
| Westmount Suites | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.84 |
| 780 Wonderland Road South | 1 bedroom, 1 bathroom, with balcony | 1BR,1BA | $1.87 |
| Webster Apartments | Renovated 1 Bedroom (1st floor) | 1BR,1BA | $1.69 |
| Highland Village | 1 Beds, 1 Baths | 1BR,1BA | $1.82 |
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 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 $1,100 at Revo on King St.
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 $1,395 at Grand Avenue Apartments.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
