
Cheap Apartments for Rent in the Near West Elgin Neighborhood of Elgin, IL from $700 (65 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near West Elgin area of Elgin.


Hunter Ridge Apartments

Fountain Square

Wing Park Residence

Fox River Crossing

Royal Ridge Apartments

River's Landing Apartments

Total Monthly Price
636 N Grove Ave, Unit 1

Alfamerica LLC-398 E Chicago St

19-25 Walker Pl
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

342-350 S Belmont Ave

1862 Mark Ave

591 Hiawatha Dr

1698 Alison Dr

1459 Meyer St

1539-1541 Meyer St

61 N Aldine Ave

Old Oaks Estates

620 W Highland Ave

700 Bode Rd
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.

723-729 N Jefferson St

313 Kathleen Dr

10 N Gifford St

411 Hamilton Ave

70 S Chapel St

733 Jefferson Ave

280 Douglas Ave

1680 Mark Ave

1489 Meyer St

1566 Mark Ave
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.

327 McClure Ave

255 N Spring St

Part of PID: 9813701

520 Walnut Ave

33 Lynch St

6 S Union St

1874 Mark Ave

919 Jefferson Ave

350 E Chicago St

1529 Meyer St
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.

363 Prairie St

120-122 N Spring St

859 Jefferson Ave

River West Commons

1289 Abbott Dr

Roseanne Apartments

Elgin Artspace Lofts - For Artists Only

39 Surrey Dr

Torrey Pines Apartments

Burnham Schoolhouse
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.
Near West Elgin, Elgin, IL Local Guide

How much does it cost to rent an apartment in Near West Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near West Elgin Studio Apartments | $1,312 | $1,025 | $1,500 |
| Near West Elgin 1 Bedroom Apartments | $1,443 | $975 | $1,650 |
| Near West Elgin 2 Bedroom Apartments | $1,805 | $1,372 | $2,800 |
| Near West Elgin 3 Bedroom Apartments | $2,334 | $1,650 | $3,100 |
Browse Apartments in this Neighborhood
There are currently 65 rentals with your search options within a 2 mile radius of the Near West Elgin Neighborhood of Elgin, IL.
See all Apartments in ElginExplore Elgin
Near West Elgin, Elgin, IL Local Guide
- Nearby Elgin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Near West Elgin Apartments for Rent
 The cheapest available apartment rental in the Near West Elgin 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 Near West Elgin apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River's Landing Apartments | 1 Bedroom 1 Bath 675 sq ft | 1BR,1BA | $1,235 |
| Blackhawk Apartment Homes | One Bedroom - 598 sqft | 1BR,1BA | $1,350 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $1,550 |
| Fountain Square | 2 Bed/ 2 Bath | 2BR,2BA | $2,200 |
Best Value Apartments for Rent in Near West Elgin, IL
As of August 01, 2026 the best value apartment in the Near West 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 Near West Elgin apartment is the wp-1bs Model at Wing Park Residence starting at $1,550 with a $2.14 price per square foot in the West Ridge Village neighborhood. Here is today’s list of the best values for Near West 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 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $2.14 |
| River's Landing Apartments | 1 Bedroom 1 Bath 675 sq ft | 1BR,1BA | $1.83 |
| Blackhawk Apartment Homes | One Bedroom - 598 sqft | 1BR,1BA | $2.26 |
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 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 Near West Elgin, Elgin, IL
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Elgin. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, places that make kids happy, raising pets, transit options, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Near West Elgin Apartments
What is the price of a cheap apartment in Near West Elgin?
The cheapest apartment in Near West Elgin is River's Landing Apartments which is listed at $1,235, while the average apartment in Near West Elgin costs $2,300.
What types of apartments are the cheapest in Near West Elgin?
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 Near West Elgin 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.
Helpful Local Expert Guides

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.