
Cheap Apartments for Rent in the Southwest Elgin Neighborhood of Elgin, IL from $700 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southwest Elgin area of Elgin.


39 Surrey Dr

Royal Ridge Apartments

River's Landing Apartments

Alfamerica LLC-398 E Chicago St

342-350 S Belmont Ave

620 W Highland Ave

1539-1541 Meyer St
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1698 Alison Dr

61 N Aldine Ave

1459 Meyer St

1489 Meyer St

313 Kathleen Dr

Part of PID: 9813701

70 S Chapel St

520 Walnut Ave
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10 N Gifford St

33 Lynch St

1529 Meyer St

6 S Union St

350 E Chicago St

River West Commons

Roseanne Apartments

Elgin Artspace Lofts - For Artists Only
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Burnham Manor - 62 & Over

Westwind Tower

Elgin Tower Lofts

WC Kimball

314 E Chicago St

Center City Apartments

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Buena Vista Towers
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1990 Larkin Ave, Elgin, IL 60123

450 S Belmont Ave

Springs At South Elgin

Panton Mill Station

River Crossing

401 Ann St

Fox Ridge Apartments

Marison Mill Suites
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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 | $1,599 | $1,025 | $1,794 |
| Southwest Elgin 1 Bedroom Apartments | $1,883 | $1,235 | $2,195 |
| Southwest Elgin 2 Bedroom Apartments | $2,393 | $1,450 | $2,814 |
| Southwest Elgin 3 Bedroom Apartments | $2,750 | $2,436 | $3,195 |
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
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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 Studio unit found at 39 Surrey Dr priced from $1,100. River's Landing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,235. Here are the most affordable Southwest Elgin apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 39 Surrey Dr | 39 Surrey Drive | Studio,1BA | $1,100 |
| River's Landing Apartments | 1 Bedroom 1 Bath 675 sq ft | 1BR,1BA | $1,235 |
| Royal Ridge Apartments | Studio | Studio,1BA | $1,250 |
| Authentix South Elgin | Studio Retreat Courtyard | Studio,1BA | $1,705 |
| Springs At South Elgin | 1 BR Grand Courtyard | 1BR,1BA | $1,824 |
| Panton Mill Station | The Beech | 1BR,1BA | $1,864 |
| Seasons at Elgin | 1B | 1BR,1BA | $1,945 |
| Fountain Square | 2 Bed/ 2 Bath | 2BR,2BA | $2,200 |
Best Value Apartments for Rent in Southwest Elgin, IL
As of June 08, 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 The Beech Model at Panton Mill Station starting at $1,864 with a $2.21 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 |
| Panton Mill Station | The Beech | 1BR,1BA | $2.21 |
| Springs At South Elgin | 1 BR Grand Courtyard | 1BR,1BA | $2.24 |
| River's Landing Apartments | 2 Bedroom 1 Bath 775 sq ft | 2BR,1BA | $1.87 |
| Seasons at Elgin | 1B | 1BR,1BA | $2.59 |
| 39 Surrey Dr | 39 Surrey Drive | Studio ,1BA | $1.69 |
| Authentix South Elgin | Studio Horizon Overlook | Studio ,1BA | $3.15 |
| Royal Ridge Apartments | Studio | Studio ,1BA | $2.50 |
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 Southwest Elgin, Elgin, IL
School data provided by Great Schools
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 39 Surrey Dr listed at $1,100.
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 Authentix South Elgin and starts from $2,436.
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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