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Fox River Crossing
300 N State StElgin, IL 60123
Cheap Apartments for Rent in Elgin, IL from $700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Elgin.
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Rent Specials
from $1,025Studio to 2 Bedroom Apartments Available Oct 31
River's Landing Apartments
3 Times SqElgin, IL 60120
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from $1,125Studio Apartments Available Now
Royal Ridge Apartments
237 Robert DrElgin, IL 60123
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from $1,1411 to 2 Bedroom Apartments Contact Us For Availability
Squire Village Apartments
1146 Yew CtElgin, IL 60120
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from $1,2301 to 3 Bedroom Apartments Contact Us For Availability
Hunter Ridge Apartments
1068 Todd Farm DrElgin, IL 60123
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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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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Elgin, IL Local Guide
Elgin Tower Building by Wiki User: Lillerphoto is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Elgin Studio Apartments | $1,938 | $1,025 | $6,000 |
| Cheap Elgin 1 Bedroom Apartments | $1,848 | $826 | $2,690 |
| Cheap Elgin 2 Bedroom Apartments | $2,201 | $967 | $3,275 |
| Cheap Elgin 3 Bedroom Apartments | $2,723 | $1,855 | $3,500 |
| Cheap Elgin 4 Bedroom Apartments | $3,450 | $3,100 | $3,800 |
Browse Top Apartments in Elgin
See all Apartments in ElginExplore Elgin
Elgin, IL Local Guide
Written By:
Justin HabersaatEditing Staff
- Elgin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Elgin, IL
Pricing Updated: 06/25/2025Current apartment rentals in the Elgin, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Elgin Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Grant School Park | $2,623 | $826 | 38 |
Cheapest Available Elgin Apartments for Rent
The cheapest available apartment rental in Elgin, IL is a Studio unit found at Royal Ridge Apartments in the West Ridge Village neighborhood priced from $1,125. 39 Surrey Dr in the West Ridge Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Elgin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Royal Ridge Apartments | Studio | Studio,1BA | $1,125 |
| 39 Surrey Dr | 39 Surrey | Studio,1BA | $1,175 |
| Blackhawk Apartment Homes | One Bedroom - 598 sqft | 1BR,1BA | $1,320 |
| The Villages at Canterfield | A | 1BR,1BA | $1,655 |
| Panton Mill Station | The Beech | 1BR,1BA | $1,859 |
Best Value Apartments for Rent in Elgin, IL
As of June 26, 2025 the best value apartment in the Elgin area is the $1.75 price per square foot 2 bed/2 bath Model at 1990 Larkin Ave, Elgin, IL 60123 in the in the West Ridge Village neighborhood starting from $2,100. The second greatest value Elgin apartment is the 613 Dean Dr Model at 613 Dean Dr, Unit #6 starting at $1,700 with a $1.55 price per square foot in the Valley View neighborhood. 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. |
|---|---|---|---|
| 1990 Larkin Ave, Elgin, IL 60123 | 2 bed/2 bath | 2BR,2BA | $1.75 |
| 613 Dean Dr, Unit #6 | 613 Dean Dr | 2BR,1BA | $1.55 |
| Springs At South Elgin | 2 BR Designer Courtyard Garage | 2BR,2BA | $2.47 |
| Fountain Square | 1Bed/1Bath | 1BR,1BA | $2.32 |
| Panton Mill Station | The Linden | 1BR,1BA | $2.49 |
| The Villages at Canterfield | A | 1BR,1BA | $2.17 |
| 666 Page Ave, Unit 666 Page Avenue, Unit 2 | 666 Page Ave | 2BR,1BA | $1.93 |
| 39 Surrey Dr | 39 Surrey | Studio ,1BA | $1.88 |
| Blackhawk Apartment Homes | One Bedroom - 598 sqft | 1BR,1BA | $2.21 |
| Royal Ridge Apartments | Studio | Studio ,1BA | $2.25 |
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Elgin Overview
A charming city located to the northern end of Illinois, Elgin is an ideal destination well worthy of consideration. Less than forty miles from the epicenter of Chicago, Elgin is an ever-growing locale offering small town ideals melded flawlessly with big city opportunity.
Why live in Elgin, IL?
True to its motto 'The City in the Suburbs', Elgin rentals offer a winning mixture of convenience and that oh-so-important rural comfort. Ideal for families and working class singles alike, this growing Illinois city is big on education, blue collar ideals and heart. With an exciting downtown scene filled with restaurants, museums and plenty of shopping, Elgin might just be the city you've been searching for.
Best Local Schools in Elgin, IL
Country Trails Elementary
Central Community Unit School District 301
Public School - Grades PK-5 (662)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elgin, IL Rentals by Map
See the most popular apartments and homes in Elgin, IL
Elgin, IL Apartments MapElgin, IL Rental Homes MapGetting Around Elgin, IL
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
27 / 100
Some Transit
A few nearby public transportation options
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 Royal Ridge Apartments listed at $1,125.
How much is rent for a Cheap One Bedroom Elgin Apartment?
The lowest price for a Cheap One Bedroom Elgin Apartment is $1,320 at Blackhawk Apartment Homes.
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 $1,555 at Blackhawk Apartment Homes.
What is the most affordable Elgin Three Bedroom Apartment?
The best deal on a cheap Elgin Three Bedroom Apartment rental is at The Villages at Canterfield and starts from $2,305.
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.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
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.