Cheap Apartments for Rent in the Southeast Elgin Kane Neighborhood of Elgin, IL from $700 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southeast Elgin Kane area of Elgin.

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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Regency Apartments
Studio to 3 Bedroom Apartments

Regency Apartments

230 S State StElgin, IL 60123
  • Utilities Included
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Fox River Townhomes
2 to 5 Bedroom Apartments

Fox River Townhomes

320 Watch CtElgin, IL 60120
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River West Commons
Studio to 2 Bedroom Apartments

River West Commons

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

Roseanne Apartments

401 E Chicago StElgin, IL 60120
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114 N Spring St
2 Bedroom Apartments

114 N Spring St

114 N Spring 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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Westwind Tower
1 to 2 Bedroom Apartments

Westwind Tower

104 S State StElgin, IL 60123
Senior Living
  • Utilities Included
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278 Douglas Ave
1 Bedroom Apartments

278 Douglas Ave

278 Douglas AveElgin, IL 60120
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269 Douglas Ave
1 Bedroom Apartments

269 Douglas Ave

269 Douglas AveElgin, IL 60120

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.

property at 65 N Aldine St

$1,499

Total Monthly Price

Total Monthly Price

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$1,499

Total Monthly Price
$1,499

2 Bedroom, 1 Bath Condo for Rent

Available Now

65 N Aldine St, Unit 2, Unit 2

65 N Aldine St
ElginIL60123

Southeast Elgin Kane, Elgin, IL Local Guide

Cheapest Available Southeast Elgin Kane Apartments for Rent

 

The cheapest available apartment rental in the Southeast Elgin Kane 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 Southeast Elgin Kane apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Fox River Townhomes3x13BR,1BA$988
Squire Village Apartments2BR/1.5BA2BR,1BA$1,156
River's Landing Apartments1 Bedroom 1 Bath 675 sq ft1BR,1BA$1,235
Wing Park Residencewp-1bs1BR,1BA$1,550
Panton Mill StationThe Beech1BR,1BA$1,758

Best Value Apartments for Rent in Southeast Elgin Kane, IL

As of May 05, 2026 the best value apartment in the Southeast Elgin Kane 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 Southeast Elgin Kane apartment is the 2 Bed/ 2 Bath/ Den Model at Fountain Square starting at $2,600 with a $2.00 price per square foot in the College Green neighborhood. Here is today’s list of the best values for Southeast Elgin Kane apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Squire Village Apartments4BR/1.5BA4BR,1.5BA$0.88
Fountain Square2 Bed/ 2 Bath/ Den2BR,2.5BA$2.00
Fox River Townhomes3x13BR,1BA$1.02
Panton Mill StationThe Beech1BR,1BA$2.08
520 Lawrence Ave, Unit Furnished Unit520 Lawrence Ave1BR,1BA$2.13
River's Landing Apartments2 Bedroom 1 Bath 775 sq ft2BR,1BA$1.87
Wing Park Residencewp-1bs1BR,1BA$2.14

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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.

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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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The 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.

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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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Quick 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.

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Illinois and customized analysis for Chicago, Illinois. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Southeast Elgin Kane Apartments

How much is rent for a Cheap One Bedroom Southeast Elgin Kane Apartment?

The lowest price for a Cheap One Bedroom Southeast Elgin Kane Apartment is $1,235 at River's Landing Apartments.

What is the lowest price for a Cheap Two Bedroom Southeast Elgin Kane Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southeast Elgin Kane 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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

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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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

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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.

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Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.

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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.