
Cheap Homes for Rent in Central Elgin, ON from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Central Elgin.


493 Second St

536 Cheapside St
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.

647 Talbot St

580 Talbot St

344.5 Richmond St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Central Elgin, ON Local Guide
How much does it cost to rent a home in Central Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Elgin 2 Bedroom Homes for Rent | $1,925 | $1,600 | $2,150 |
| Central Elgin 3 Bedroom Homes for Rent | $2,444 | $2,000 | $2,849 |
| Central Elgin 4 Bedroom Homes for Rent | $3,021 | $2,400 | $3,500 |
| Central Elgin 5 Bedroom Homes for Rent | $775 | $775 | $775 |
Browse Top Homes for Rent 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 The Eleanor priced from $1,049. Studios on King has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here is today’s list of the most affordable Central Elgin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Eleanor | Bachelor | Studio,1BA | $1,049 |
| Studios on King | Bachelor | Studio,1BA | $1,250 |
| Beaverbrae Apartments | Studio | 1BR,1BA | $1,256 |
Best Value Apartments for Rent in Central Elgin, ON and Nearby
As of December 10, 2025 the best value apartment in the Central Elgin area is the $1.53 price per square foot 2 Bedroom - 2B Model at 520 Talbot Street in the starting from $2,099. The second greatest value Central Elgin apartment is the 2 Bedroom Model at Four Seasons starting at $1,739 with a $1.66 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. |
|---|---|---|---|
| 520 Talbot Street | 2 Bedroom - 2B | 2BR,2BA | $1.53 |
| Four Seasons | 2 Bedroom | 2BR,1BA | $1.66 |
| Sunset Towers | 2 Bed 1 Bath D | 2BR,1BA | $1.53 |
| The Whitehall | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.83 |
| Colborne Place | 1 Bedroom | 1BR,1BA | $1.86 |
| Westmount Suites | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.83 |
| Kingswell Towers | 1 Bedroom | 1BR,1BA | $1.86 |
| Webster Apartments | Renovated 1 Bedroom | 1BR,1BA | $1.80 |
| Grosvenor Estates | 2 Bedroom | 2BR,1BA | $1.85 |
| 695 Proudfoot Lane | The Gardenia | 1BR,1BA | $1.86 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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!
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See the most popular apartments and homes in Central Elgin, ON
Frequently Asked Questions about Central Elgin
What type of rentals are currently available in Central Elgin?
There are currently 97 Apartments for Rent in Central Elgin, ON with pricing that ranges from $924 to $4,329. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Elgin ranging from $775 to $3,500.
What is the current price range for Rental Homes in Central Elgin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Elgin ranges from $775 to $3,500 with an average monthly rent of $1,920.
How much are larger Three and Four Bedroom Rentals in Central Elgin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Elgin range from $1,825 to $4,329, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $2,849. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $934.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.