314 E Chicago St
ElginIL60120
Cheap Homes for Rent in Elgin, IL from $900 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Elgin.
427 Lucile Ave
ElginIL60120
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17 S Channing St
ElginIL60120
915 Getty 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.
915 Getty St
ElginIL60120
119 Tennyson Ct
ElginIL60120
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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1335 Abbott Dr, Unit 2
1335 Abbott Dr
ElginIL60123
1850 W Highland Ave
ElginIL60123
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from $1,4002 Bedroom Apartments Available Now
538-540-540 Locust St
538-540-540 Locust StElgin, IL 60123
319 W Chicago St
ElginIL60123
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
656 Bluff City Blvd
ElginIL60120
160 Symphony Way
ElginIL60120
279 Bayview Rd
ElginIL60123
391 S Collins St
South ElginIL60177
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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 | $2,278 | $1,475 | $3,500 |
| Elgin 3 Bedroom Homes for Rent | $2,659 | $900 | $3,950 |
| Elgin 4 Bedroom Homes for Rent | $3,661 | $3,350 | $4,000 |
Browse Top Homes for Rent in Elgin
Explore Elgin
Elgin, IL Local Guide
- Elgin Neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Neighborhoods for Apartments in Elgin, IL
Pricing Updated: 06/05/2025Current 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 | $2,522 | $826 | 3 |
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 West Ridge Village neighborhood priced from $1,125. 39 Surrey Dr in the West Ridge Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. 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 |
| 39 Surrey Dr | 39 Surrey | Studio,1BA | $1,175 |
| Blackhawk Apartment Homes | One Bedroom - 598 sqft | 1BR,1BA | $1,365 |
| The Villages at Canterfield | A | 1BR,1BA | $1,655 |
| Reserve Randall Road | Tanglewood | 1BR,1BA | $1,778 |
Best Value Apartments for Rent in Elgin, IL
As of June 05, 2025 the best value apartment in the Elgin area is the $1.75 price per square foot 2 bed/2 bath Model at 1990 Larkin Ave, Elgin, IL 60123 in the in the West Ridge Village neighborhood starting from $2,100. The second greatest value Elgin apartment is the 798 Pleasant Dr Model at 798 Pleasant Dr, Unit 1 starting at $1,650 with a $1.83 price per square foot in the Valley View 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. |
|---|---|---|---|
| 1990 Larkin Ave, Elgin, IL 60123 | 2 bed/2 bath | 2BR,2BA | $1.75 |
| 798 Pleasant Dr, Unit 1 | 798 Pleasant Dr | 1BR,1BA | $1.83 |
| Fountain Square | 1Bed/1Bath | 1BR,1BA | $2.32 |
| 125 W Main St, Unit B | 125 W Main St | 1BR,1BA | $2.00 |
| The Villages at Canterfield | A | 1BR,1BA | $2.17 |
| Reserve Randall Road | Tanglewood | 1BR,1BA | $2.37 |
| 666 Page Ave, Unit 666 Page Avenue | 666 Page Ave | 2BR,1BA | $1.93 |
| 39 Surrey Dr | 39 Surrey | Studio ,1BA | $1.88 |
| Blackhawk Apartment Homes | One Bedroom - 598 sqft | 1BR,1BA | $2.28 |
| Royal Ridge Apartments | Studio | Studio ,1BA | $2.25 |
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Frequently Asked Questions about Elgin
What type of rentals are currently available in Elgin?
There are currently 226 Apartments for Rent in Elgin, IL with pricing that ranges from $826 to $6,000. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elgin ranging from $900 to $4,000.
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 $900 to $4,000 with an average monthly rent of $2,484.
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 $1,855 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,950. Four Bedroom Single-Family rentals are also available starting from $3,350 and Four Bedroom Apartments start at $3,800.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.