Cheap Apartments for Rent in the Lords Park Neighborhood of Elgin, IL from $700 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lords Park area of 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

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19-25 Walker Pl
Studio Apartments

19-25 Walker Pl

19-25 Walker PlElgin, IL 60120
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700 Bode Rd
2 Bedroom Apartments

700 Bode Rd

700 Bode RdElgin, IL 60120
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591 Hiawatha Dr
1 Bedroom Apartments

591 Hiawatha Dr

591 Hiawatha DrElgin, IL 60120
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520 Walnut Ave
1 Bedroom Apartments

520 Walnut Ave

520 Walnut AveElgin, IL 60123
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255 N Spring St
1 to 4 Bedroom Apartments

255 N Spring St

255 N Spring StElgin, IL 60120

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.

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33 Lynch St
Studio to 3 Bedroom Apartments

33 Lynch St

33 Lynch StElgin, IL 60123
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10 N Gifford St
4 Bedroom Apartments

10 N Gifford St

10 N Gifford StElgin, IL 60120
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411 Hamilton Ave
2 Bedroom Apartments

411 Hamilton Ave

411 Hamilton AveElgin, IL 60123
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280 Douglas Ave
1 Bedroom Apartments

280 Douglas Ave

280 Douglas AveElgin, IL 60120
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733 Jefferson Ave
1 to 3 Bedroom Apartments

733 Jefferson Ave

733 Jefferson AveElgin, IL 60120
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327 McClure Ave
Studio Apartments

327 McClure Ave

327 McClure AveElgin, IL 60123
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70 S Chapel St
1 Bedroom Apartments

70 S Chapel St

70 S Chapel StElgin, IL 60120

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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350 E Chicago St
Studio to 1 Bedroom Apartments

350 E Chicago St

350 E Chicago StElgin, IL 60120
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6 S Union St
1 Bedroom Apartments

6 S Union St

6 S Union StElgin, IL 60123
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859 Jefferson Ave
1 to 2 Bedroom Apartments

859 Jefferson Ave

859 Jefferson AveElgin, IL 60120
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363 Prairie St
Studio to 3 Bedroom Apartments

363 Prairie St

363 Prairie StElgin, IL 60120
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River West Commons
Studio to 2 Bedroom Apartments

River West Commons

719 W Highland AveElgin, IL 60123
  • Utilities Included
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Roseanne Apartments
Studio to 2 Bedroom Apartments

Roseanne Apartments

401 E Chicago StElgin, IL 60120
  • 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.

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Elgin Tower Lofts
1 to 2 Bedroom Apartments

Elgin Tower Lofts

100 E Chicago StElgin, IL 60120
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WC Kimball
2 Bedroom Apartments

WC Kimball

52 N Crystal AveElgin, IL 60123
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Westwind Tower
1 to 2 Bedroom Apartments

Westwind Tower

104 S State StElgin, IL 60123
Senior Living
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Center City Apartments
Studio to 2 Bedroom Apartments

Center City Apartments

156 Division StElgin, IL 60120
Senior Living
  • Utilities Included
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314 E Chicago St
Studio to 1 Bedroom Apartments

314 E Chicago St

314 E Chicago StElgin, IL 60120
  • Utilities Included

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.

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389 Crystal St
1 to 2 Bedroom Apartments

389 Crystal St

389 N Crystal StElgin, IL 60123
  • Utilities Included
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831 Bode Rd
1 Bedroom Apartments

831 Bode Rd

831 Bode RdElgin, IL 60120
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1121 Birch Dr
2 Bedroom Apartments

1121 Birch Dr

1121 Birch DrElgin, IL 60120
  • Utilities Included

Lords Park, Elgin, IL Local Guide

Cheapest Available Lords Park Apartments for Rent

 

The cheapest available apartment rental in the Lords Park area of Chicago, IL is a 1 Bed unit found at River's Landing Apartments priced from $1,235. Blackhawk Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable Lords Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
River's Landing Apartments1 Bedroom 1 Bath 675 sq ft1BR,1BA$1,235
Blackhawk Apartment HomesOne Bedroom - 598 sqft1BR,1BA$1,350
Fountain Square2 Bed/ 2 Bath2BR,2BA$2,200

Best Value Apartments for Rent in Lords Park, IL

As of July 29, 2026 the best value apartment in the Lords Park 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 Lords Park apartment is the 1 Bedroom 1 Bath 675 sq ft Model at River's Landing Apartments starting at $1,235 with a $1.83 price per square foot in the Beacon Pointe neighborhood. Here is today’s list of the best values for Lords Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fountain Square2 Bed/ 2 Bath/ Den2BR,2.5BA$2.00
River's Landing Apartments1 Bedroom 1 Bath 675 sq ft1BR,1BA$1.83
Blackhawk Apartment HomesOne Bedroom - 598 sqft1BR,1BA$2.27

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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Real 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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Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including Lords Park, Elgin, and the greater Chicago area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lords Park Apartments

What is the price of a cheap apartment in Lords Park?

The cheapest apartment in Lords Park is River's Landing Apartments which is listed at $1,235, while the average apartment in Lords Park costs $2,712.

What types of apartments are the cheapest in Lords Park?

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 Lords Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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