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314 E Chicago St, Unit 9
314 E Chicago StElgin, IL 60120
Cheap Homes for Rent in Elgin, IL from $1,100 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Elgin.
17 S Channing St, Unit 3
17 S Channing St
ElginIL60120
119 Tennyson Ct
ElginIL60120
418 St Charles St
ElginIL60120
211 Edwards Ave, Unit 2
211 Edwards Ave
West DundeeIL60118
1335 Abbott Dr, Unit 3
1335 Abbott Dr
ElginIL60123
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.
8 N State St, Unit UPPER
8 N State St
ElginIL60123
1590 N La Fox St, Unit 1
1590 N La Fox St
South ElginIL60177
10 N State St, Unit Upper
10 N State St
ElginIL60123
1812 W Highland Ave
ElginIL60123
1149 Bayside Rd
ElginIL60123
1143 Bayside Rd
ElginIL60123
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1493 Keystone Ct
ElginIL60120
82 Northshore Rd
ElginIL60123
39W910 US-20
ElginIL60124
1450 Wing St, Unit 6B
1450 Wing St
ElginIL60123
1450 Plymouth Ln, Unit #214
1450 Plymouth Ln
ElginIL60123
833 Village Quarter Rd
West DundeeIL60118
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!
Showing Results 1-18, Page 1 of 1
Elgin, IL Local Guide
How much does it cost to rent a home in Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elgin 2 Bedroom Homes for Rent | $2,100 | $1,525 | $2,850 |
| Elgin 3 Bedroom Homes for Rent | $2,645 | $1,600 | $3,800 |
| Elgin 4 Bedroom Homes for Rent | $3,315 | $2,955 | $3,995 |
| Elgin 5 Bedroom Homes for Rent | $5,400 | $5,400 | $5,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Elgin, IL Local Guide
- Elgin Neighborhoods
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Cheapest Neighborhoods for Apartments in Elgin, IL
Pricing Updated: 08/19/2026Current apartment rentals in the Elgin, IL area range in price from $1,600 to $2,650 with an overall median price of $1,950. 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 | $1,950 | $1,600 | 3 |
Cheapest Available Elgin Apartments for Rent
The cheapest available apartment rental in Elgin, IL is a 1 Bed unit found at River's Landing Apartments in the Beacon Pointe neighborhood priced from $1,235. 1254-1256 Robinwood Drive in the Grant Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,450. Here is today’s list of the most affordable Elgin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River's Landing Apartments | 1 Bedroom 1 Bath 675 sq ft | 1BR,1BA | $1,235 |
| 1254-1256 Robinwood Drive | 1254-1256 Robinwood Drive - 1254-... | 2BR,1BA | $1,450 |
| Authentix South Elgin | Studio Horizon Overlook | Studio,1BA | $1,464 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $1,550 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $1,630 |
Best Value Apartments for Rent in Elgin, IL
As of August 19, 2026 the best value apartment in the Elgin area is the $2.00 price per square foot 2 Bed/ 2 Bath/ Den Model at Fountain Square in the in the College Green neighborhood starting from $2,600. The second greatest value Elgin apartment is the 2.2I Model at Watermark at The Grove starting at $2,425 with a $2.14 price per square foot in the Northwest Elgin 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. |
|---|---|---|---|
| Fountain Square | 2 Bed/ 2 Bath/ Den | 2BR,2.5BA | $2.00 |
| Watermark at The Grove | 2.2I | 2BR,2BA | $2.14 |
| 1254-1256 Robinwood Drive | 1254-1256 Robinwood Drive - 1254-... | 2BR,1BA | $1.32 |
| Springs At South Elgin | 2 BR Designer Courtyard Garage | 2BR,2BA | $2.33 |
| Villages At Canterfield | Laurel | 2BR,1BA | $2.31 |
| Panton Mill Station | The Linden | 1BR,1BA | $2.38 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $2.14 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $2.27 |
| River's Landing Apartments | 1 Bedroom 1 Bath 675 sq ft | 1BR,1BA | $1.83 |
| Authentix South Elgin | Studio Horizon Courtyard | Studio ,1BA | $2.76 |
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.
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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 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 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.
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Elgin, ILPopulation: 111,683
Ranked #266
in US Census Population by City
Best Local Schools in Elgin, IL
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 225 Apartments for Rent in Elgin, IL with pricing that ranges from $850 to $6,000. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elgin ranging from $1,150 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 $1,150 to $5,400 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 $1,334 to $4,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,955 and Four Bedroom Apartments start at $1,482.
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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