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Cheap Apartments for Rent in Elgin, IA from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Elgin.
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Rent Specials
$650 - $7501 to 3 Bedroom Apartments Available Now
The Meadows Apartments
400 13th Ave NWOelwein, IA 50662
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$675 - $1,145Studio to 3 Bedroom Apartments Available Now
Russell Lamson
209 W 5th StWaterloo, IA 50701
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$675 - $8501 to 3 Bedroom Apartments Available Now
Meadow Ridge Apartments
765-791 Russell RdWaterloo, IA 50701
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$795Studio Apartments Available Now
228 Spaces - Furnished Micro-Living Apartments
4117 University AveCedar Falls, IA 50613
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.
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$795 - $955Studio to 2 Bedroom Apartments Available Now
Edgemont Park Apartments
3322 Tropic LnWaterloo, IA 50702
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$799 - $1,4701 to 2 Bedroom Apartments Available Now
Park @ Nine23
923 Maplewood DrCedar Falls, IA 50613
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$800 - $9751 to 3 Bedroom Apartments Available Now
Rolling Meadows Apartments
701 16th St SWWaverly, IA 50677
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$800 - $1,095Studio Apartments Available Aug 7
Falls Edge Studios
4711 University AveCedar Falls, IA 50613
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$845 - $1,0501 Bedroom Apartments Available Now
Brentwood Estates - Furnished & Unfurnished
123 Brentwood DrCedar Falls, IA 50613
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$8952 Bedroom Apartments Available Now
Leavitt Park Apartments - Waterloo, IA
1008-1024 Leavitt StWaterloo, IA 50702
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$900 - $1,2331 to 3 Bedroom Apartments Available Now
Union at North Crossing
3330 E 4th StWaterloo, IA 50703
2836 Independence Ave
WaterlooIA50707
147 French St
WaterlooIA50703
615 Wentling St
NashuaIA50658
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
117 6th Ave SW
OelweinIA50662
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213 Manson St
WaterlooIA50703
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510 N Frederick Ave
OelweinIA50662
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1218 Vine St
WaterlooIA50703
407 Patterson St
FairbankIA50629
Navigating 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.
816 5th Ave NE
IndependenceIA50644
820 Logan Ave
WaterlooIA50703
327 Polk St
WaterlooIA50703
802 Colorado St
WaterlooIA50703
Showing Results 1-31, Page 1 of 1
Elgin, IA Local Guide
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How much does it cost to rent an apartment in Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elgin Studio Apartments | $913 | $675 | $1,300 |
| Elgin 1 Bedroom Apartments | $1,070 | $550 | $1,800 |
| Elgin 2 Bedroom Apartments | $1,213 | $700 | $3,433 |
| Elgin 3 Bedroom Apartments | $1,133 | $505 | $1,900 |
| Elgin 4 Bedroom Apartments | $520 | $520 | $520 |
Browse Top Apartments in Elgin
See all Apartments in ElginExplore Elgin
Elgin, IA Local Guide
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Available Elgin Apartments for Rent and Nearby
The cheapest available apartment rental in Elgin, IA is a 1 Bed unit found at 131 S Vine St priced from $550. Meadow Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Elgin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 131 S Vine St | 202 | 1BR,1BA | $550 |
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $675 |
| Russell Lamson | Studio | Studio,1BA | $675 |
| The Meadows Apartments | Quads 2Bd | 2BR,1BA | $700 |
| Edgemont Park Apartments | 1 Bedroom Efficiency @ Edgemont Park | Studio,1BA | $795 |
| 124 Earl St | 2BR/1.0BA | 2BR,1BA | $795 |
| 228 Spaces - Furnished Micro-Living Apartments | 2nd Floor Studio | Studio,1BA | $795 |
| Park @ Nine23 | A1 | 1BR,1BA | $799 |
| Rolling Meadows Apartments | - 1 Bedroom/1 Bath Apartment in Excellent Loca... | 1BR,1BA | $800 |
| Brentwood Estates - Furnished & Unfurnished | UNFURNISHED Brentwood | 1BR,1BA | $845 |
Best Value Apartments for Rent in Elgin, IA and Nearby
As of July 22, 2025 the best value apartment in the Elgin area is the $1.18 price per square foot Two Bedroom (A2) Model at Arrow Ridge in the starting from $1,420. The second greatest value Elgin apartment is the 2BR/2.0BA Model at West Brook 3 starting at $1,150 with a $1.10 price per square foot . Here is today’s list of the best values for Elgin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arrow Ridge | Two Bedroom (A2) | 2BR,1BA | $1.18 |
| West Brook 3 | 2BR/2.0BA | 2BR,2BA | $1.10 |
| 3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.10 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
| Le Chateau | 2BR/1.5BA | 2BR,1.5BA | $0.90 |
| Wild Grove Apartments - 702 NICC | 2 Bed Updated | 2BR,1BA | $1.09 |
| The Meadows Apartments | Meadows 2Bd | 2BR,1BA | $0.92 |
| 124 Earl St | 2BR/1.0BA | 2BR,1BA | $1.13 |
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.11 |
| 131 S Vine St | 202 | 1BR,1BA | $0.92 |
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Explore Elgin, IA Rentals by Map
See the most popular apartments and homes in Elgin, IA
Getting Around Elgin, IA
Walk Score®
15 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
27 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Elgin Apartments
What is the Cheapest Studio apartment in Elgin?
Currently the most affordable Cheap Studio Apartment in Elgin is at Russell Lamson listed at $675.
How much is rent for a Cheap One Bedroom Elgin Apartment?
The lowest price for a Cheap One Bedroom Elgin Apartment is $550 at 131 S Vine St.
What is the lowest price for a Cheap Two Bedroom Elgin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elgin is starting from $700 at The Meadows Apartments.
What is the most affordable Elgin Three Bedroom Apartment?
The best deal on a cheap Elgin Three Bedroom Apartment rental is at The Meadows Apartments and starts from $750.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.