Cheap Apartments for Rent in the River Park Place Neighborhood of Elgin, IL from $700 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the River Park Place area of Elgin.

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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

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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591 Hiawatha Dr
1 Bedroom Apartments

591 Hiawatha Dr

591 Hiawatha DrElgin, 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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70 S Chapel St
1 Bedroom Apartments

70 S Chapel St

70 S Chapel StElgin, IL 60120
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10 N Gifford St
4 Bedroom Apartments

10 N Gifford St

10 N Gifford StElgin, IL 60120

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.

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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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859 Jefferson Ave
1 to 2 Bedroom Apartments

859 Jefferson Ave

859 Jefferson AveElgin, IL 60120
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Roseanne Apartments
Studio to 2 Bedroom Apartments

Roseanne Apartments

401 E Chicago StElgin, IL 60120
  • 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
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831 Bode Rd
1 Bedroom Apartments

831 Bode Rd

831 Bode RdElgin, IL 60120

Cash 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.

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1121 Birch Dr
2 Bedroom Apartments

1121 Birch Dr

1121 Birch DrElgin, IL 60120
  • Utilities Included

River Park Place, Elgin, IL Local Guide

Cheapest Available River Park Place Apartments for Rent

 

The cheapest available apartment rental in the River Park Place area of Chicago, IL is a 3 Beds unit found at Fox River Townhomes priced from $988. Squire Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,156. Here are the most affordable River Park Place apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Fox River Townhomes3x13BR,1BA$988
Squire Village Apartments2BR/1.5BA2BR,1BA$1,156
Blackhawk Apartment HomesOne Bedroom - 723 sqft1BR,1BA$1,505

Best Value Apartments for Rent in River Park Place, IL

As of May 17, 2026 the best value apartment in the River Park Place area is the $0.88 price per square foot 4BR/1.5BA Model at Squire Village Apartments in the in the Beacon Pointe neighborhood starting from $1,482. The second greatest value River Park Place 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 River Park Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Squire Village Apartments4BR/1.5BA4BR,1.5BA$0.88
Fox River Townhomes3x13BR,1BA$1.02
Blackhawk Apartment HomesOne Bedroom - 723 sqft1BR,1BA$2.10

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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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.

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Pet Friendly Lifestyle
River Park Place, Elgin, IL

Ranked #24

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap River Park Place Apartments

How much is rent for a Cheap One Bedroom River Park Place Apartment?

The lowest price for a Cheap One Bedroom River Park Place Apartment is $1,505 at Blackhawk Apartment Homes.

What is the lowest price for a Cheap Two Bedroom River Park Place Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in River Park Place is starting from $1,156 at Squire Village Apartments.

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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