Cheap Apartments for Rent in the Southwest Elgin Neighborhood of Elgin, IL from $700 (38 Rentals)

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

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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
1 Bedroom Apartments

Roseanne Apartments

401 E Chicago StElgin, IL 60120
  • Utilities Included

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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Elgin Tower Lofts
1 to 2 Bedroom Apartments

Elgin Tower Lofts

100 E Chicago StElgin, IL 60120
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314 E Chicago St
Studio to 1 Bedroom Apartments

314 E Chicago St

314 E Chicago StElgin, IL 60120
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Westwind Tower
1 to 2 Bedroom Apartments

Westwind Tower

104 S State StElgin, IL 60123
Senior Living
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Center City Apartments
Studio to 2 Bedroom Apartments

Center City Apartments

156 Division StElgin, IL 60120
Senior Living
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1698 Alison Dr
2 Bedroom Apartments

1698 Alison Dr

1698 Alison DrElgin, IL 60123

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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WC Kimball
1 to 2 Bedroom Apartments

WC Kimball

96 N Crystal StElgin, IL 60123
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61 N Aldine Ave
Studio to 2 Bedroom Apartments

61 N Aldine Ave

61 N Aldine AveElgin, 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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313 Kathleen Dr
1 to 2 Bedroom Apartments

313 Kathleen Dr

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

520 Walnut Ave

520 Walnut AveElgin, IL 60123
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Part of PID: 9813701
1 to 2 Bedroom Apartments

Part of PID: 9813701

34 Surrey DrElgin, IL 60123
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350 E Chicago St
Studio to 1 Bedroom Apartments

350 E Chicago St

350 E Chicago StElgin, IL 60120

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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363 Prairie St
Studio to 3 Bedroom Apartments

363 Prairie St

363 Prairie 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 Crossing
1 Bedroom Apartments

River Crossing

15-85 N Woodbury 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

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.

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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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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. 39 Surrey Dr has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Southwest Elgin apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Royal Ridge ApartmentsStudioStudio,1BA$1,125
39 Surrey Dr39 SurreyStudio,1BA$1,175
Panton Mill StationThe Beech1BR,1BA$1,864
Fountain Square1Bed/1Bath1BR,1BA$1,900
1990 Larkin Ave, Elgin, IL 601232 bed/2 bath2BR,2BA$2,100
Springs At South Elgin2 BR Designer Courtyard Garage2BR,2BA$2,613

Best Value Apartments for Rent in Southwest Elgin, IL

As of June 24, 2025 the best value apartment in the Southwest Elgin area is the $1.75 price per square foot 2 bed/2 bath Model at 1990 Larkin Ave, Elgin, IL 60123 in the in the West Ridge Village neighborhood starting from $2,100. The second greatest value Southwest Elgin apartment is the 613 Dean Dr Model at 613 Dean Dr, Unit #6 starting at $1,700 with a $1.55 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.
1990 Larkin Ave, Elgin, IL 601232 bed/2 bath2BR,2BA$1.75
613 Dean Dr, Unit #6613 Dean Dr2BR,1BA$1.55
Springs At South Elgin2 BR Designer Courtyard Garage2BR,2BA$2.46
Fountain Square1Bed/1Bath1BR,1BA$2.32
Panton Mill StationThe Linden1BR,1BA$2.49
39 Surrey Dr39 SurreyStudio ,1BA$1.88
Royal Ridge ApartmentsStudioStudio ,1BA$2.25

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Southwest Elgin, Elgin, IL

Ranked #21

Among neighborhoods in Elgin, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
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 $1,859 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 $2,100 at 1990 Larkin Ave, Elgin, IL 60123.

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 $2,751.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.