Cheap Homes for Rent in Elgin, NB from $1,100 (7 Rentals)

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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.

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.

property at 227 West Ln

$1,290

2 Bedroom Rentals

Available Jul 1

227 West Ln

MonctonNBE1C 6V3

Elgin, NB Local Guide

Cheapest Available Elgin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elgin, NB is a 1 Bed unit found at Courtview Suites priced from $1,225. Appartement de Ville has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,295. Here is today’s list of the most affordable Elgin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Courtview Suites1 Bedroom1BR,1BA$1,225
Appartement de Ville2 Bedroom2BR,1BA$1,295
The Jeffery at Dobson LandingModel F1BR,1BA$1,575

Best Value Apartments for Rent in Elgin, NB and Nearby

As of June 12, 2026 the best value apartment in the Elgin area is the $1.62 price per square foot 2 Bed 2 Bath Corner Unit Model at MacArthur's Apartments in the starting from $2,100. The second greatest value Elgin apartment is the Model C2 Model at The Jeffery at Dobson Landing starting at $2,125 with a $1.77 price per square foot . Here is today’s list of the best values for Elgin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MacArthur's Apartments2 Bed 2 Bath Corner Unit2BR,2BA$1.62
The Jeffery at Dobson LandingModel C22BR,2BA$1.77
Creek Village Suites2 Bedroom2BR,1BA$1.74
Courtview Suites2 Bedrooms2BR,1BA$2.09
Appartement de Ville2 Bedroom2BR,1BA$2.12

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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Real 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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Elgin

What type of rentals are currently available in Elgin?

There are currently 37 Apartments for Rent in Elgin, NB with pricing that ranges from $725 to $12,000. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elgin ranging from $1,195 to $2,250.

What is the current price range for Rental Homes in Elgin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elgin ranges from $1,195 to $2,250 with an average monthly rent of $1,528.

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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.