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$2,200 - $3,1002 to 3 Bedroom Apartments Available Now
Fountain Square
50 S Grove AveElgin, IL 60120
Cheap Apartments for Rent in the Southwest Elgin Neighborhood of Elgin, IL from $750 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwest Elgin area of Elgin.
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Rent Specials
$1,400 - $1,500Studio Apartments Available Now
Royal Ridge Apartments
237 Robert DrElgin, IL 60123
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$1,025 - $1,450Studio to 2 Bedroom Apartments Available Now
River's Landing Apartments
3 Times SqElgin, IL 60120
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2 to 3 Bedroom Apartments
Alfamerica LLC-398 E Chicago St
398 E Chicago StElgin, IL 60120
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Studio Apartments
342-350 S Belmont Ave
342-350 S Belmont AveElgin, IL 60123
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Studio to 2 Bedroom Apartments
61 N Aldine Ave
61 N Aldine AveElgin, IL 60123
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1 Bedroom Apartments
1539-1541 Meyer St
1539-1541 Meyer StElgin, IL 60123
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2 Bedroom Apartments
1698 Alison Dr
1698 Alison DrElgin, IL 60123
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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Studio Apartments
1459 Meyer St
1459 Meyer StElgin, IL 60123
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Studio Apartments
620 W Highland Ave
620 W Highland AveElgin, IL 60123
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4 Bedroom Apartments
10 N Gifford St
10 N Gifford StElgin, IL 60120
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Studio to 3 Bedroom Apartments
33 Lynch St
33 Lynch StElgin, IL 60123
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6 Bedroom Apartments
1489 Meyer St
1489 Meyer StElgin, IL 60123
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1 to 2 Bedroom Apartments
313 Kathleen Dr
313 Kathleen DrElgin, IL 60123
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1 Bedroom Apartments
520 Walnut Ave
520 Walnut AveElgin, IL 60123
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1 Bedroom Apartments
70 S Chapel St
70 S Chapel 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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1 to 2 Bedroom Apartments
Part of PID: 9813701
34 Surrey DrElgin, IL 60123
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Studio to 3 Bedroom Apartments
363 Prairie St
363 Prairie StElgin, IL 60120
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Studio to 1 Bedroom Apartments
350 E Chicago St
350 E Chicago StElgin, IL 60120
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1 Bedroom Apartments
1529 Meyer St
1529 Meyer StElgin, IL 60123
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1 Bedroom Apartments
6 S Union St
6 S Union StElgin, IL 60123
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Studio to 2 Bedroom Apartments
River West Commons
719 W Highland AveElgin, IL 60123
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Studio to 2 Bedroom Apartments
Roseanne Apartments
401 E Chicago StElgin, IL 60120
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Studio to 3 Bedroom Apartments
Elgin Artspace Lofts - For Artists Only
51 S Spring 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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Studio to 3 Bedroom Apartments
39 Surrey Dr
51 Surrey DrElgin, IL 60123
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1 to 2 Bedroom Apartments
Burnham Manor - 62 & Over
1350 Fleetwood DrElgin, IL 60123
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1 to 2 Bedroom Apartments
Elgin Tower Lofts
100 E Chicago StElgin, IL 60120
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1 to 2 Bedroom Apartments
Westwind Tower
104 S State StElgin, IL 60123
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2 Bedroom Apartments
WC Kimball
52 N Crystal AveElgin, IL 60123
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Studio to 2 Bedroom Apartments
Center City Apartments
156 Division StElgin, IL 60120
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1 to 3 Bedroom Apartments
Buena Vista Apartments & Townhomes
1285 Fleetwood DrElgin, IL 60123
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1 to 3 Bedroom Apartments
Buena Vista Towers
222 Locust StElgin, IL 60123
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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2 Bedroom Apartments
1990 Larkin Ave, Elgin, IL 60123
1990 Larkin AveElgin, IL 60123
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Studio Apartments
450 S Belmont Ave
450 S Belmont AveElgin, IL 60123
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Rent Specials
$1,674 - $2,564Studio to 3 Bedroom Apartments Available Now
Springs At South Elgin
350 Gyorr AveSouth Elgin, IL 60177
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$1,793 - $2,7931 to 2 Bedroom Apartments Available Now
Panton Mill Station
355 N La Fox StSouth Elgin, IL 60177
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1 Bedroom Apartments
River Crossing
15-85 N Woodbury StSouth Elgin, IL 60177
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1 to 2 Bedroom Apartments
401 Ann St
401 Ann StSouth Elgin, IL 60177
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2 Bedroom Apartments
Fox Ridge Apartments
643 Dean DrSouth Elgin, IL 60177
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1 to 2 Bedroom Apartments
Marison Mill Suites
126 N Center StSouth Elgin, IL 60177
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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Southwest Elgin, Elgin, IL Local Guide
How much does it cost to rent an apartment in Southwest Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Elgin Studio Apartments | $1,590 | $850 | $2,003 |
| Southwest Elgin 1 Bedroom Apartments | $1,981 | $1,235 | $3,121 |
| Southwest Elgin 2 Bedroom Apartments | $2,309 | $1,450 | $3,929 |
| Southwest Elgin 3 Bedroom Apartments | $2,752 | $2,289 | $4,464 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Southwest Elgin Neighborhood of Elgin, IL.
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Southwest Elgin, Elgin, IL Local Guide
- Nearby Elgin neighborhoods
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Cheapest Available Southwest Elgin Apartments for Rent
The cheapest available apartment rental in the Southwest Elgin area of Chicago, IL is a 1 Bed unit found at River's Landing Apartments priced from $1,235. Royal Ridge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here are the most affordable Southwest 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 |
| Royal Ridge Apartments | Studio | Studio,1BA | $1,400 |
| Authentix South Elgin | Studio Horizon Overlook | Studio,1BA | $1,547 |
| Springs At South Elgin | 1 BR Grand Courtyard | 1BR,1BA | $1,762 |
| Panton Mill Station | The Linden | 1BR,1BA | $1,793 |
| Seasons at Elgin | 1A | 1BR,1BA | $1,895 |
| Fountain Square | 2 Bed/ 2 Bath | 2BR,2BA | $2,200 |
Best Value Apartments for Rent in Southwest Elgin, IL
As of September 07, 2026 the best value apartment in the Southwest 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 Southwest Elgin apartment is the 2 BR Designer Courtyard Garage Model at Springs At South Elgin starting at $2,331 with a $2.19 price per square foot in the Valley View neighborhood. Here is today’s list of the best values for Southwest 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 |
| Springs At South Elgin | 2 BR Designer Courtyard Garage | 2BR,2BA | $2.19 |
| River's Landing Apartments | 2 Bedroom 1 Bath 775 sq ft | 2BR,1BA | $1.87 |
| Panton Mill Station | The Linden | 1BR,1BA | $2.34 |
| Seasons at Elgin | 1B | 1BR,1BA | $2.64 |
| Authentix South Elgin | Studio Horizon Courtyard | Studio ,1BA | $3.53 |
| Royal Ridge Apartments | Studio | Studio ,1BA | $2.80 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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Best Local Schools in Southwest Elgin, Elgin, IL
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Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across Illinois and customized analysis for West Chicago, IL. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Southwest Elgin Apartments
What is the Cheapest Studio apartment in Southwest Elgin?
Currently the most affordable Cheap Studio Apartment in Southwest Elgin is at Royal Ridge Apartments listed at $1,400.
How much is rent for a Cheap One Bedroom Southwest Elgin Apartment?
The lowest price for a Cheap One Bedroom Southwest Elgin Apartment is $1,235 at River's Landing Apartments.
What is the lowest price for a Cheap Two Bedroom Southwest Elgin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Southwest Elgin is starting from $1,450 at River's Landing Apartments.
What is the most affordable Southwest Elgin Three Bedroom Apartment?
The best deal on a cheap Southwest Elgin Three Bedroom Apartment rental is at Springs At South Elgin and starts from $2,539.
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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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
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