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$826 - $1,2021 to 2 Bedroom Apartments Contact Us For Availability
Fox River Crossing
300 N State StElgin, IL 60123
Cheap Apartments for Rent in Elgin, IL from $700 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in Elgin.
314 E Chicago St
ElginIL60120
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Rent Specials
$1,025 - $1,450Studio to 2 Bedroom Apartments Available Now
River's Landing Apartments
3 Times SqElgin, IL 60120
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$1,156 - $1,7222 to 4 Bedroom Apartments Available Now
Squire Village Apartments
1146 Yew CtElgin, IL 60120
214 Dupage St
ElginIL60120
370 Bent St
ElginIL60120
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Rent Specials
$1,250 - $1,350Studio to 1 Bedroom Apartments Available Now
Royal Ridge Apartments
237 Robert DrElgin, IL 60123
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$1,310 - $2,1001 to 3 Bedroom Apartments Contact Us For Availability
Hunter Ridge Apartments
1068 Todd Farm DrElgin, IL 60123
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Rent Specials
$1,320 - $3,3221 to 3 Bedroom Apartments Available Now
Blackhawk Apartment Homes
926 Congdon AveElgin, IL 60120
1860 W Highland Ave, Unit G-103, Unit G-103
1860 W Highland Ave
ElginIL60123
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.
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$1,500 - $1,6002 Bedroom Apartments Contact Us For Availability
39 Surrey Dr
51 Surrey DrElgin, IL 60123
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$1,550 - $1,8001 to 2 Bedroom Apartments Available Now
Wing Park Residence
6 Tivoli PlElgin, IL 60123
1355 Abbott Dr
ElginIL60123
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$1,6001 Bedroom Apartments Available Now
520 Lawrence Ave
520 Lawrence AveElgin, IL 60123
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$1,695 - $2,1501 to 3 Bedroom Apartments Available Jun 12
Highland Springs
500 Redtail RdgElgin, IL 60123
420 Prospect Blvd
ElginIL60120
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Rent Specials
$1,790 - $3,195Studio to 3 Bedroom Apartments Available Now
Seasons at Elgin
2611 Hopps RdElgin, IL 60124
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Studio to 3 Bedroom Apartments
Regency Apartments
230 S State StElgin, IL 60123
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2 to 5 Bedroom Apartments
Fox River Townhomes
320 Watch CtElgin, IL 60120
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Studio to 2 Bedroom Apartments
River West Commons
719 W Highland AveElgin, IL 60123
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.
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1 Bedroom Apartments
1350 Getzelman Dr
1350 Getzelman DrElgin, IL 60123
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1 to 2 Bedroom Apartments
1289 Abbott Dr
1289 Abbott DrElgin, IL 60123
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Studio to 2 Bedroom Apartments
Roseanne Apartments
401 E Chicago StElgin, IL 60120
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2 Bedroom Apartments
114 N Spring St
114 N Spring StElgin, IL 60120
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Studio to 3 Bedroom Apartments
Elgin Artspace Lofts - For Artists Only
51 S Spring StElgin, IL 60120
292 Villa St
ElginIL60120
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1 to 2 Bedroom Apartments
Westwind Tower
104 S State StElgin, IL 60123
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1 Bedroom Apartments
269 Douglas Ave
269 Douglas AveElgin, IL 60120
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1 Bedroom Apartments
278 Douglas Ave
278 Douglas AveElgin, IL 60120
65 N Aldine St, Unit 2, Unit 2
65 N Aldine St
ElginIL60123
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.
530 Locust St
ElginIL60123
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1 to 2 Bedroom Apartments
Elgin Tower Lofts
100 E Chicago StElgin, IL 60120
11 Crighton Ave
ElginIL60123
119 Tennyson Ct
ElginIL60120
3 National St
ElginIL60123
1840 W Highland Ave
ElginIL60123
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2 Bedroom Apartments
333 Raymond St
326-334 Raymond StElgin, IL 60120
7 National St
ElginIL60123
1493 Keystone Ct
ElginIL60120
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2 Bedroom Apartments
WC Kimball
52 N Crystal AveElgin, IL 60123
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.
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2 to 3 Bedroom Apartments
Alfamerica LLC-398 E Chicago St
398 E Chicago StElgin, IL 60120
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$1,156
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,156
Total Monthly Price
$1,156
305 Oregon Ave, Unit Fierke, Unit Fierke
305 Oregon AveWest Dundee, IL 60118
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$1,395 - $3,556Studio to 3 Bedroom Apartments Available Now
1900 at Canterfield Apartment Homes
1900 Canterfield Pky EWest Dundee, IL 60118
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Rent Specials
$1,615 - $3,064Studio to 3 Bedroom Apartments Available Now
Springs At South Elgin
350 Gyorr AveSouth Elgin, IL 60177
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$1,650 - $3,3501 to 3 Bedroom Apartments Available Now
The Villages at Canterfield
50 Canterfield Pky WWest Dundee, IL 60118
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Rent Specials
$1,680 - $2,615Studio to 3 Bedroom Apartments Available Now
Authentix South Elgin
1300 N Lancaster RdSouth Elgin, IL 60177
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$1,700
Total Monthly Price
2 Bedroom Apartment Available May 1Total Monthly Price
Base Rent
$1,700
Total Monthly Price
$1,700
613 Dean Dr, Unit #8, Unit #8
613 Dean DrSouth Elgin, IL 60177
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$1,747 - $2,5021 to 2 Bedroom Apartments Available Now
Panton Mill Station
355 N La Fox StSouth Elgin, IL 60177
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$1,750
Total Monthly Price
2 Bedroom Apartment Available May 1Total Monthly Price
Base Rent
$1,750
Total Monthly Price
$1,750
798 Pleasant Dr, Unit 3, Unit 3
798 Pleasant DrSouth Elgin, IL 60177
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$1,783 - $4,609Studio to 3 Bedroom Apartments Available Now
Reserve Randall Road
400 Randall RdWest Dundee, IL 60118
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
Elgin, IL Local Guide
How much does it cost to rent an apartment in Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Elgin Studio Apartments | $1,857 | $1,025 | $6,000 |
| Cheap Elgin 1 Bedroom Apartments | $1,823 | $826 | $2,956 |
| Cheap Elgin 2 Bedroom Apartments | $2,179 | $967 | $3,645 |
| Cheap Elgin 3 Bedroom Apartments | $2,741 | $1,980 | $3,556 |
| Cheap Elgin 4 Bedroom Apartments | $10,065 | $1,482 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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: 04/23/2026Current 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 | $17,621 | $826 | 33 |
Cheapest Available Elgin Apartments for Rent
The cheapest available apartment rental in Elgin, IL is a 3 Beds unit found at Fox River Townhomes in the Beacon Pointe neighborhood priced from $988. Squire Village Apartments in the Beacon Pointe neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,156. Here is today’s list of the most affordable Elgin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fox River Townhomes | 3x1 | 3BR,1BA | $988 |
| Squire Village Apartments | 2BR/1.5BA | 2BR,1BA | $1,156 |
| River's Landing Apartments | 1 Bedroom 1 Bath 675 sq ft | 1BR,1BA | $1,235 |
| Royal Ridge Apartments | Studio | Studio,1BA | $1,250 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $1,465 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $1,550 |
| Springs At South Elgin | Studio Grand Overlook | Studio,1BA | $1,615 |
| Authentix South Elgin | Studio Retreat Overlook | Studio,1BA | $1,680 |
Best Value Apartments for Rent in Elgin, IL
As of April 23, 2026 the best value apartment in the Elgin area is the $0.88 price per square foot 4BR/1.5BA Model at Squire Village Apartments in the in the Beacon Pointe neighborhood starting from $1,482. The second greatest value Elgin apartment is the 2 Bed/ 2 Bath/ Den Model at Fountain Square starting at $2,600 with a $2.00 price per square foot in the College Green 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. |
|---|---|---|---|
| Squire Village Apartments | 4BR/1.5BA | 4BR,1.5BA | $0.88 |
| Fountain Square | 2 Bed/ 2 Bath/ Den | 2BR,2.5BA | $2.00 |
| Reserve Randall Road | Kingsmill | 2BR,2BA | $2.20 |
| Fox River Townhomes | 3x1 | 3BR,1BA | $1.02 |
| 1900 at Canterfield Apartment Homes | A2- Lower | 1BR,1BA | $2.32 |
| 520 Lawrence Ave, Unit Furnished Unit | 520 Lawrence Ave | 1BR,1BA | $2.13 |
| River's Landing Apartments | 2 Bedroom 1 Bath 775 sq ft | 2BR,1BA | $1.87 |
| Panton Mill Station | The Linden | 1BR,1BA | $2.28 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $2.14 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $2.04 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
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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.
Elgin, ILPopulation: 111,683
Ranked #266
in US Census Population by City
Best Local Schools in Elgin, IL
Prairie View Grade School
Central Community Unit School District 301
Public School - Grades PK-5 (724)
7 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
Frequently Asked Questions about Cheap Elgin Apartments
What is a cheap apartment in Elgin?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elgin is under $1,680.
What is the price of a cheap apartment in Elgin?
The cheapest apartment in Elgin is River's Landing Apartments which is listed at $1,235, while the average apartment in Elgin costs $17,621.
What types of apartments are the cheapest in Elgin?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Elgin that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Elgin?
Cheap apartments in Elgin have an average cost of $256 which is $17,365 cheaper than the average rent for all rentals in Elgin.
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.
Helpful Local Expert Guides
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.
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