517 E Chicago St
ElginIL60120
Cheap Homes for Rent in Elgin, IL from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Elgin.
801 N McLean Blvd
ElginIL60123
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318 North St
ElginIL60120
1105 Morton Ave
ElginIL60120
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.
1450 Getzelman Dr
ElginIL60123
65 N Aldine St
ElginIL60123
530 Locust St
ElginIL60123
1335 Abbott Dr
ElginIL60123
23 N Channing St
ElginIL60120
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.
Showing Results 1-10, 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 a home in Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elgin 2 Bedroom Homes for Rent | $1,953 | $800 | $2,675 |
| Elgin 3 Bedroom Homes for Rent | $2,703 | $1,925 | $3,450 |
| Elgin 4 Bedroom Homes for Rent | $2,976 | $2,000 | $3,800 |
| Elgin 5 Bedroom Homes for Rent | $5,400 | $5,400 | $5,400 |
Browse Top Homes for Rent in Elgin
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Elgin, IL Local Guide
- Elgin Neighborhoods
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Cheapest Neighborhoods for Apartments in Elgin, IL
Pricing Updated: 12/11/2025Current 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 | $10,707 | $826 | 58 |
Cheapest Available Elgin Apartments for Rent
The cheapest available apartment rental in Elgin, IL is a 2 Beds unit found at Fox River Townhomes in the Beacon Pointe neighborhood priced from $772. Royal Ridge Apartments in the Edgewater neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here is today’s list of the most affordable Elgin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fox River Townhomes | 2x1 | 2BR,1BA | $772 |
| Royal Ridge Apartments | Studio | Studio,1BA | $1,125 |
| Blackhawk Apartment Homes | One Bedroom - 711 sqft | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Elgin, IL
As of December 11, 2025 the best value apartment in the Elgin area is the $1.31 price per square foot Four Bedroom Model at Princeton West Townhomes in the in the Beacon Pointe neighborhood starting from $3,400. The second greatest value Elgin apartment is the 520 Lawrence Ave Model at 520 Lawrence Ave, Unit Furnished Unit starting at $1,400 with a $0.92 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. |
|---|---|---|---|
| Princeton West Townhomes | Four Bedroom | 4BR,5BA | $1.31 |
| 520 Lawrence Ave, Unit Furnished Unit | 520 Lawrence Ave | 1BR,1BA | $0.92 |
| The Villages at Canterfield | D2A | 3BR,3BA | $1.98 |
| WC Kimball | 2 Bed 1 Bath | 2BR,1BA | $1.58 |
| Authentix South Elgin | 2-2 BR Retreat Overlook | 2BR,2BA | $1.94 |
| 482 Stella St, Unit 1 | 482 Stella St | 3BR,1BA | $1.60 |
| Blackhawk Apartment Homes | Two Bedroom - 859 sqft | 2BR,1BA | $2.00 |
| 1320 Getzelman Dr, Unit 3 | 1320 Getzelman Dr | 2BR,1BA | $1.65 |
| Panton Mill Station | The Beech | 1BR,1BA | $2.03 |
| Fox River Townhomes | 2x1 | 2BR,1BA | $1.00 |
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 Article
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 ArticleThe 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.
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 ArticleQuick Rent Budget Calculator
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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
Frequently Asked Questions about Elgin
What type of rentals are currently available in Elgin?
There are currently 237 Apartments for Rent in Elgin, IL with pricing that ranges from $826 to $20,302. There are also 101 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elgin ranging from $675 to $5,400.
What is the current price range for Rental Homes in Elgin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elgin ranges from $675 to $5,400 with an average monthly rent of $2,863.
How much are larger Three and Four Bedroom Rentals in Elgin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elgin range from $1,600 to $3,556, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,925 to $3,450. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,000.
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
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.