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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 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in Elgin.
314 E Chicago St
ElginIL60120
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$9501 Bedroom Apartments Available Now
320 Percy St, Unit 3
320 Percy StElgin, IL 60120
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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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$1,100Studio Apartments Available Now
39 Surrey Dr
51 Surrey DrElgin, IL 60123
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$1,156 - $1,7222 to 4 Bedroom Apartments Available Now
Squire Village Apartments
1146 Yew CtElgin, IL 60120
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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$1,3501 Bedroom Apartments Available Jun 15
363 Prairie St, Unit 4
363 Prairie StElgin, IL 60120
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Rent Specials
$1,370 - $2,8711 to 3 Bedroom Apartments Available Now
Blackhawk Apartment Homes
926 Congdon AveElgin, IL 60120
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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$1,375 - $2,5001 to 3 Bedroom Apartments Contact Us For Availability
Hunter Ridge Apartments
1068 Todd Farm DrElgin, IL 60123
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$1,500
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,500
Total Monthly Price
$1,500
1320 Getzelman Dr, Unit 3
1320 Getzelman DrElgin, IL 60123
1300 Getzelman Dr
ElginIL60123
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$1,550 - $1,8001 to 2 Bedroom Apartments Available Now
Wing Park Residence
6 Tivoli PlElgin, IL 60123
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$1,695 - $2,1501 to 3 Bedroom Apartments Available Aug 31
Highland Springs
500 Redtail RdgElgin, IL 60123
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$1,695 - $3,195Studio to 3 Bedroom Apartments Available Now
Seasons at Elgin
2611 Hopps RdElgin, IL 60124
420 Prospect Blvd
ElginIL60120
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$1,899 - $2,9501 to 2 Bedroom Apartments Available Now
Watermark at The Grove
2511 Watermark TerElgin, 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
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.
517 E Chicago St
ElginIL60120
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Studio to 2 Bedroom Apartments
River West Commons
719 W Highland AveElgin, IL 60123
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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
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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
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
65 N Aldine St, Unit 2
65 N Aldine St
ElginIL60123
119 Tennyson Ct
ElginIL60120
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1 to 2 Bedroom Apartments
Elgin Tower Lofts
100 E Chicago StElgin, IL 60120
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2 Bedroom Apartments
333 Raymond St
326-334 Raymond StElgin, IL 60120
418 St Charles St
ElginIL60120
1493 Keystone Ct
ElginIL60120
1143 Bayside Rd
ElginIL60123
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2 Bedroom Apartments
WC Kimball
52 N Crystal AveElgin, IL 60123
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2 to 3 Bedroom Apartments
Alfamerica LLC-398 E Chicago St
398 E Chicago StElgin, IL 60120
1124 Lake Terrace Rd
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.
82 Northshore Rd
ElginIL60123
516 Hendee St
ElginIL60123
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$1,496 - $3,750
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,496 - $3,750
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1900 at Canterfield Apartment Homes
1900 Canterfield Pky EWest Dundee, IL 60118
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$1,650 - $3,3501 to 3 Bedroom Apartments Contact Us For Availability
The Villages at Canterfield
50 Canterfield Pky WWest Dundee, IL 60118
525 Ryan Ln
West DundeeIL60118
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$1,705 - $2,770Studio to 3 Bedroom Apartments Available Now
Authentix South Elgin
1300 N Lancaster RdSouth Elgin, IL 60177
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$1,769 - $2,874Studio to 3 Bedroom Apartments Available Now
Springs At South Elgin
350 Gyorr AveSouth Elgin, IL 60177
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$1,864 - $2,4571 to 2 Bedroom Apartments Available Now
Panton Mill Station
355 N La Fox StSouth Elgin, IL 60177
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$1,880 - $4,739
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,880 - $4,739
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Reserve Randall Road
400 Randall RdWest Dundee, IL 60118
809 E Main St
East DundeeIL60118
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!
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 | $1,895 | $1,025 | $5,676 |
| Cheap Elgin 1 Bedroom Apartments | $1,855 | $826 | $2,931 |
| Cheap Elgin 2 Bedroom Apartments | $2,239 | $967 | $4,237 |
| Cheap Elgin 3 Bedroom Apartments | $2,762 | $2,150 | $3,657 |
| Cheap Elgin 4 Bedroom Apartments | $10,050 | $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: 06/07/2026Current 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 | $17,743 | $826 | 24 |
Cheapest Available Elgin Apartments for Rent
The cheapest available apartment rental in Elgin, IL is a Studio unit found at 39 Surrey Dr in the West Ridge Village neighborhood priced from $1,100. 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 |
|---|---|---|---|
| 39 Surrey Dr | 39 Surrey Drive | Studio,1BA | $1,100 |
| 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 - 598 sqft | 1BR,1BA | $1,370 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $1,550 |
| Authentix South Elgin | Studio Retreat Courtyard | Studio,1BA | $1,705 |
| Springs At South Elgin | 1 BR Grand Courtyard | 1BR,1BA | $1,824 |
| Panton Mill Station | The Beech | 1BR,1BA | $1,864 |
Best Value Apartments for Rent in Elgin, IL
As of June 07, 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 |
| 1900 at Canterfield Apartment Homes | B4- Upper | 2BR,2BA | $1.96 |
| Panton Mill Station | The Beech | 1BR,1BA | $2.21 |
| Springs At South Elgin | 1 BR Grand Courtyard | 1BR,1BA | $2.24 |
| River's Landing Apartments | 2 Bedroom 1 Bath 775 sq ft | 2BR,1BA | $1.87 |
| 1320 Getzelman Dr, Unit 3 | 1320 Getzelman Dr | 2BR,1BA | $2.00 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $2.14 |
| 39 Surrey Dr | 39 Surrey Drive | Studio ,1BA | $1.69 |
| Blackhawk Apartment Homes | One Bedroom - 598 sqft | 1BR,1BA | $2.29 |
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.
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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
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
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
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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 (613)
9 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 $1,864.
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 $17,743.
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 $205 which is $17,538 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.
Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.
Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.