
Cheap Homes for Rent in the Edgewater Neighborhood of Elgin, IL from $1,500 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Edgewater area of Elgin.


33 N Jane Dr
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2099 Vernon Dr, Unit 2

1025 Manchester Ct
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Edgewater, Elgin, IL Local Guide

How much does it cost to rent a home in Edgewater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Edgewater 2 Bedroom Homes for Rent | $2,157 | $1,695 | $3,000 |
| Edgewater 3 Bedroom Homes for Rent | $2,885 | $2,450 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Edgewater Neighborhood of Elgin, IL.
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Edgewater, Elgin, IL Local Guide
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Best Value Homes for Rent in Edgewater, IL
As of September 20, 2026 the best value rental home in the Edgewater area is the $1.58 price per square foot 281 Hickory Lane Model at 281 Hickory Lane in the Valley View neighborhood starting from $3,800. The second greatest value Edgewater rental home is the 30 S Commonwealth Ave Model at 30 S Commonwealth Ave in the West Ridge Village neighborhood starting at $2,650 with a $2.44 price per square foot. Here is today’s list of the best values for Edgewater homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 281 Hickory Lane | 281 Hickory Lane | 3BR, 2.5BA | $1.58 |
| 30 S Commonwealth Ave | 30 S Commonwealth Ave | 3BR, 2BA | $2.44 |
| 2099 Vernon Dr, Unit 2 | 2099 Vernon Dr | 2BR, 1BA | $1.70 |
| 33 N Jane Dr, Unit 5 | 33 N Jane Dr | 1BR, 1BA | $1.98 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Edgewater, Elgin, IL
School data provided by Great Schools
Frequently Asked Questions about Edgewater
What type of rentals are currently available in Edgewater?
There are currently 43 Apartments for Rent in Edgewater, IL with pricing that ranges from $1,400 to $4,485. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edgewater ranging from $1,500 to $3,800.
What is the current price range for Rental Homes in Edgewater?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Edgewater ranges from $1,500 to $3,800 with an average monthly rent of $2,411.
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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