Cheap Apartments for Rent in Elgin, IL from $700 (65 Rentals) Page 2 of 2

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Search the lowest-cost Apartments available for rent right now in Elgin.

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

property at 853 E Main St

$1,760 - $1,970

1 To 2 Bedroom Rentals

Available Now

853 E Main St

East DundeeIL60118
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Gardiner Place Apartments
1 to 2 Bedroom Apartments

Gardiner Place Apartments

251 River Haven DrEast Dundee, IL 60118
Senior Living
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 855 E Main St

$1,970

2 Bedroom Rentals

Available Now

855 E Main St

East DundeeIL60118

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.

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 $1,750.

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 $2,688.

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 1 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 $170 which is $2,518 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.

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