
Cheap Apartments for Rent in the Northwest Elgin Neighborhood of Elgin, IL from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northwest Elgin area of Elgin.


Total Monthly Price
24 Lynch St, Unit 9, Unit 9

517 E Chicago St

Fox River Townhomes

River West Commons
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.

1350 Getzelman Dr

1289 Abbott Dr

Roseanne Apartments

114 N Spring St

Elgin Artspace Lofts - For Artists Only
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.

314 E Chicago St

140 College St

67 N Aldine St

67 N Aldine St, Unit 6, Unit 6

Total Monthly Price
305 Oregon Ave, Unit Fierke, Unit Fierke
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.

Spring Hill Senior Residences
Northwest Elgin, Elgin, IL Local Guide

How much does it cost to rent an apartment in Northwest Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northwest Elgin Studio Apartments | $2,922 | $1,100 | $6,000 |
| Northwest Elgin 1 Bedroom Apartments | $1,786 | $826 | $2,552 |
| Northwest Elgin 2 Bedroom Apartments | $2,247 | $967 | $3,412 |
| Northwest Elgin 3 Bedroom Apartments | $2,655 | $2,000 | $3,556 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Northwest Elgin Neighborhood of Elgin, IL.
See all Apartments in ElginExplore Elgin
Northwest Elgin, Elgin, IL Local Guide
- Nearby Elgin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Northwest Elgin Apartments for Rent
 The cheapest available apartment rental in the Northwest Elgin area of Chicago, IL is a 3 Beds unit found at Fox River Townhomes priced from $988. Westwind Tower has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,355. Here are the most affordable Northwest Elgin apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fox River Townhomes | 3x1 | 3BR,1BA | $988 |
| Westwind Tower | STUDIO | 1BR,1BA | $1,355 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $1,550 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1,550 |
| 1900 at Canterfield Apartment Homes | A1- Lower | 1BR,1BA | $1,831 |
Best Value Apartments for Rent in Northwest Elgin, IL
As of April 30, 2026 the best value apartment in the Northwest 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 Northwest Elgin apartment is the 3x1 Model at Fox River Townhomes starting at $988 with a $1.02 price per square foot in the Beacon Pointe neighborhood. Here is today’s list of the best values for Northwest 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 |
| Fox River Townhomes | 3x1 | 3BR,1BA | $1.02 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| 520 Lawrence Ave, Unit Furnished Unit | 520 Lawrence Ave | 1BR,1BA | $2.13 |
| 1900 at Canterfield Apartment Homes | A1- Lower | 1BR,1BA | $2.41 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $2.14 |
| Watermark at The Grove | 1.1C | 1BR,1BA | $2.89 |
| 24 Lynch St, Unit 9 | 24 Lynch St | Studio ,1BA | $2.00 |
| 305 Oregon Ave, Unit Fierke | 305 Oregon Ave | 1BR,1BA | $3.30 |
| Westwind Tower | STUDIO | 1BR,1BA | $3.96 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 Northwest Elgin, Elgin, IL
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States including Northwest Elgin, Elgin, and the greater Chicago area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Northwest Elgin Apartments
How much is rent for a Cheap One Bedroom Northwest Elgin Apartment?
The lowest price for a Cheap One Bedroom Northwest Elgin Apartment is $1,355 at Westwind Tower.
What is the lowest price for a Cheap Two Bedroom Northwest Elgin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Northwest Elgin is starting from $1,750 at Wing Park Residence.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.