Cheap Apartments for Rent near Elgin, NE from $580 (53 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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HiPark - FrontNine
$1,108 - $1,983

Total Monthly Price

Base Rent$1,108 - $1,983
Total Monthly Price$1,108 - $1,983
Studio to 2 Bedroom Apartments Available Now

HiPark - FrontNine

5265 NW 12th StLincoln, NE 68521
Pet Friendly
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  • 3D Tour

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.

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Leisure Apartments
1 to 2 Bedroom Apartments

Leisure Apartments

825 E 6th StWayne, NE 68787
  • Utilities Included
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Ridgewood Apartments
1 Bedroom Apartments

Ridgewood Apartments

260 S 4th StAkron, IA 51001
Senior Living
  • Utilities Included

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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Elgin, NE Local Guide

Cheapest Available Elgin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elgin, NE is a Studio unit found at Oak Park Apartments priced from $580. Saracen Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable Elgin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Park ApartmentsEfficiency - InteriorStudio, 1BA$580
Saracen CourtsUnit 5151BR, 1BA$690
The Residences @ Liberty Campus-55+ Community1/11BR, 1BA$700
Prospect Ridge ApartmentsStudioStudio, 1BA$725
150 Poppe DrStudioStudio, 1BA$725
Erin Apartments2 Beds, 1 bath2BR, 1BA$750
LongLeaf Apartments1 Bedroom1BR, 1BA$750
The Clark Apartments1 Bed - Interior1BR, 1BA$775
The LinksStudioStudio, 1BA$850
The Apartment Place1BR/1BA1BR, 1BA$895

Best Value Apartments for Rent in Elgin, NE and Nearby

As of September 17, 2026 the best value apartment in the Elgin area is the $1.12 price per square foot 2 Beds, 1 bath Model at 414 W Phillip Ave starting from $1,400. The second greatest value Elgin apartment is the 2 Bed, 2 Bath Model at Prairie Park Apartments starting at $1,249 with a $1.18 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.
414 W Phillip Ave2 Beds, 1 bath2BR, 1BA$1.12
Prairie Park Apartments2 Bed, 2 Bath2BR, 2BA$1.18
Autumn Park ApartmentsUnit 2.2A2BR, 2BA$1.10
Cherry Park2BR/1.0BA2BR, 1BA$1.18
Cedar Ridge2 Bed 2 Bath2BR, 2BA$1.20
The Residences @ Liberty Campus-55+ Community2/12BR, 1BA$1.13
Ridge Hollow ApartmentsTwo Bedroom One Bath2BR, 1BA$1.18
The Apartment Place1BR/1BA1BR, 1BA$1.07
The Clark Apartments1 Bed - Interior1BR, 1BA$1.07
LongLeaf Apartments1 Bedroom1BR, 1BA$1.06

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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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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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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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 Cheap Elgin Apartments

What is the Cheapest Studio apartment in Elgin?

Currently the most affordable Cheap Studio Apartment in Elgin is at Oak Park Apartments listed at $580.

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

The lowest price for a Cheap One Bedroom Elgin Apartment is $690 at Saracen Courts.

What is the lowest price for a Cheap Two Bedroom Elgin Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elgin is starting from $750 at Erin Apartments.

What is the most affordable Elgin Three Bedroom Apartment?

The best deal on a cheap Elgin Three Bedroom Apartment rental is at Erin Apartments and starts from $1,000.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.