Cheap Apartments for Rent in the Southwest Elgin Neighborhood of Elgin, IL from $700 (41 Rentals)

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61 N Aldine Ave
Studio to 2 Bedroom Apartments

61 N Aldine Ave

61 N Aldine AveElgin, IL 60123

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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1698 Alison Dr
2 Bedroom Apartments

1698 Alison Dr

1698 Alison DrElgin, IL 60123
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1459 Meyer St
Studio Apartments

1459 Meyer St

1459 Meyer StElgin, IL 60123
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10 N Gifford St
4 Bedroom Apartments

10 N Gifford St

10 N Gifford StElgin, IL 60120
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33 Lynch St
Studio to 3 Bedroom Apartments

33 Lynch St

33 Lynch StElgin, IL 60123
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1489 Meyer St
6 Bedroom Apartments

1489 Meyer St

1489 Meyer StElgin, IL 60123
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313 Kathleen Dr
1 to 2 Bedroom Apartments

313 Kathleen Dr

313 Kathleen DrElgin, IL 60123
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520 Walnut Ave
1 Bedroom Apartments

520 Walnut Ave

520 Walnut AveElgin, IL 60123

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.

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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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Part of PID: 9813701
1 to 2 Bedroom Apartments

Part of PID: 9813701

34 Surrey DrElgin, IL 60123
  • Utilities Included
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363 Prairie St
Studio to 3 Bedroom Apartments

363 Prairie St

363 Prairie StElgin, IL 60120
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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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1529 Meyer St
1 Bedroom Apartments

1529 Meyer St

1529 Meyer StElgin, IL 60123
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6 S Union St
1 Bedroom Apartments

6 S Union St

6 S Union StElgin, IL 60123
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River West Commons
Studio to 2 Bedroom Apartments

River West Commons

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

Roseanne Apartments

401 E Chicago StElgin, IL 60120
  • Utilities Included

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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39 Surrey Dr
Studio to 3 Bedroom Apartments

39 Surrey Dr

51 Surrey DrElgin, IL 60123
  • Utilities Included
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Burnham Manor - 62 & Over
1 to 2 Bedroom Apartments

Burnham Manor - 62 & Over

1350 Fleetwood DrElgin, IL 60123
Senior Living
  • Utilities Included
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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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Elgin Tower Lofts
1 to 2 Bedroom Apartments

Elgin Tower Lofts

100 E Chicago StElgin, IL 60120
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Center City Apartments
Studio to 2 Bedroom Apartments

Center City Apartments

156 Division StElgin, IL 60120
Senior Living
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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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River Crossing
1 Bedroom Apartments

River Crossing

15-85 N Woodbury StSouth Elgin, IL 60177
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401 Ann St
1 to 2 Bedroom Apartments

401 Ann St

401 Ann StSouth Elgin, IL 60177
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Fox Ridge Apartments
2 Bedroom Apartments

Fox Ridge Apartments

643 Dean DrSouth Elgin, IL 60177
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Marison Mill Suites
1 to 2 Bedroom Apartments

Marison Mill Suites

126 N Center StSouth Elgin, IL 60177
Senior Living
  • Utilities Included

Southwest Elgin, Elgin, IL Local Guide

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 Royal Ridge Apartments priced from $1,125. Springs At South Elgin has the second lowest priced unit, which is a Studio apartment currently listed from $1,579. Here are the most affordable Southwest Elgin apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Royal Ridge ApartmentsStudioStudio,1BA$1,125
Springs At South ElginStudio Grand OverlookStudio,1BA$1,579
Panton Mill StationThe Beech1BR,1BA$1,716
WC Kimball2 Bed 1 Bath2BR,1BA$1,895
Fountain Square1Bed/1Bath1BR,1BA$1,900
Seasons at Elgin1B1BR,1BA$1,945
Authentix South Elgin2-2 BR Retreat Overlook2BR,2BA$1,989

Best Value Apartments for Rent in Southwest Elgin, IL

As of December 09, 2025 the best value apartment in the Southwest Elgin area is the $1.58 price per square foot 2 Bed 1 Bath Model at WC Kimball in the in the College Green neighborhood starting from $1,895. The second greatest value Southwest Elgin apartment is the 2-2 BR Retreat Overlook Model at Authentix South Elgin starting at $1,989 with a $1.94 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 ListingModel NameBed/BathPrice Per Sq.Ft.
WC Kimball2 Bed 1 Bath2BR,1BA$1.58
Authentix South Elgin2-2 BR Retreat Overlook2BR,2BA$1.94
Panton Mill StationThe Beech1BR,1BA$2.03
Fountain Square1Bed/1Bath1BR,1BA$2.32
Seasons at Elgin1C1BR,1BA$2.80
Springs At South Elgin1 BR Designer Courtyard Garage1BR,1BA$2.65
Royal Ridge ApartmentsStudioStudio ,1BA$2.25

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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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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Pet Friendly Lifestyle
Southwest Elgin, Elgin, IL

Ranked #8

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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!

Getting Around the Southwest Elgin Neighborhood in Elgin, IL

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Southwest Elgin Apartments

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

The lowest price for a Cheap One Bedroom Southwest Elgin Apartment is $1,716 at Panton Mill Station.

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 $1,895 at WC Kimball.

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 $2,143.

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

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.

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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.

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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.

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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

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.