
Cheap Apartments for Rent in the 60123 ZIP Code of Elgin, IL from $300 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the 60123 ZIP Code area of Elgin.


Total Monthly Price
24 Lynch St, Unit 9, Unit 9

Royal Ridge Apartments

Hunter Ridge Apartments

1860 W Highland Ave, Unit G-103, Unit G-103

39 Surrey Dr

Regency Apartments
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.

River West Commons

1350 Getzelman Dr

1289 Abbott Dr

67 N Aldine St

67 N Aldine St, Unit 6, Unit 6

Westwind Tower

65 N Aldine St, Unit 2, Unit 2
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.

530 Locust St

314 E Chicago St

River's Landing Apartments

Total Monthly Price
305 Oregon Ave, Unit Fierke, Unit Fierke

370 Bent St

1900 at Canterfield Apartment Homes

517 E Chicago St
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.

Fox River Townhomes

Spring Hill Senior Residences

Roseanne Apartments

114 N Spring St

Elgin Artspace Lofts - For Artists Only

140 College St

292 Villa St
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

269 Douglas Ave

278 Douglas Ave

Spring Hill Apartments
Elgin, IL Local Guide

How much does it cost to rent an apartment in 60123?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 60123 Studio Apartments | $1,828 | $1,025 | $6,000 |
| 60123 1 Bedroom Apartments | $1,821 | $826 | $2,806 |
| 60123 2 Bedroom Apartments | $2,220 | $772 | $3,412 |
| 60123 3 Bedroom Apartments | $2,541 | $988 | $3,556 |
| 60123 4 Bedroom Apartments | $1,148 | $1,148 | $1,148 |
Browse Apartments in the 60123 Zip Code of Elgin
Explore Elgin

Frequently Asked Questions about Cheap the 60123 ZIP Code Apartments
What is the Cheapest Studio apartment in 60123?
Currently the most affordable Cheap Studio Apartment in 60123 is at Sagewood at Westchase listed at $781.
How much is rent for a Cheap One Bedroom 60123 Apartment?
The lowest price for a Cheap One Bedroom 60123 Apartment is $710 at Parc Fontaine.
What is the lowest price for a Cheap Two Bedroom 60123 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 60123 is starting from $925 at Chateau d'Orleans.
What is the most affordable 60123 Three Bedroom Apartment?
The best deal on a cheap 60123 Three Bedroom Apartment rental is at Parc Fontaine and starts from $1,030.
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

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.

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.

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.

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

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.