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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 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Elgin.
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Rent Specials
$1,025 - $1,400Studio to 2 Bedroom Apartments Available Dec 31
River's Landing Apartments
3 Times SqElgin, IL 60120
1940 Mark Ave
ElginIL60123
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Rent Specials
$1,125 - $1,225Studio Apartments Available Now
Royal Ridge Apartments
237 Robert DrElgin, IL 60123
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$1,141 - $1,3081 to 2 Bedroom Apartments Contact Us For Availability
Squire Village Apartments
1146 Yew 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.
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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 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.
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Showing Results 1-15, Page 1 of 1
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 | $1,715 | $1,025 | $6,000 |
| Cheap Elgin 1 Bedroom Apartments | $1,796 | $826 | $2,796 |
| Cheap Elgin 2 Bedroom Apartments | $2,213 | $967 | $3,593 |
| Cheap Elgin 3 Bedroom Apartments | $2,609 | $1,700 | $3,556 |
| Cheap Elgin 4 Bedroom Apartments | $4,687 | $2,400 | $7,052 |
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: 09/08/2025Current 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 | $4,542 | $826 | 33 |
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 Edgewater neighborhood priced from $1,125. 269 Douglas Ave in the Southeast Elgin Cook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,390. 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 |
| 269 Douglas Ave | Apt 3 | 1BR,1BA | $1,390 |
| 278 Douglas Ave | Apt 1 | 1BR,1BA | $1,390 |
| 39 Surrey Dr | 39 Surrey | 2BR,1BA | $1,400 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $1,480 |
Best Value Apartments for Rent in Elgin, IL
As of September 08, 2025 the best value apartment in the Elgin area is the $2.18 price per square foot 438 Villa St Model at 438 Villa St, Unit 1 in the in the Beacon Pointe neighborhood starting from $2,400. The second greatest value Elgin apartment is the B2- Lower Model at 1900 at Canterfield Apartment Homes starting at $2,283 with a $2.10 price per square foot in the Sandy Creek Estates 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. |
|---|---|---|---|
| 438 Villa St, Unit 1 | 438 Villa St | 4BR,2BA | $2.18 |
| 1900 at Canterfield Apartment Homes | B2- Lower | 2BR,2BA | $2.10 |
| Seasons at Elgin | 1G | 1BR,1BA | $2.11 |
| Reserve Randall Road | Oakmont | 1BR,1BA | $2.15 |
| 39 Surrey Dr | 39 Surrey | 2BR,1BA | $1.65 |
| Panton Mill Station | The Linden | 1BR,1BA | $2.21 |
| The Villages at Canterfield | A | 1BR,1BA | $2.17 |
| 269 Douglas Ave | Apt 3 | 1BR,1BA | $1.85 |
| 278 Douglas Ave | Apt 1 | 1BR,1BA | $1.85 |
| Blackhawk Apartment Homes | One Bedroom - 700 sqft | 1BR,1BA | $2.12 |
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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
Getting 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 $1,390 at 269 Douglas Ave.
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 $1,400 at 39 Surrey Dr.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.