
Cheap Homes for Rent in Elgin, NE from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Elgin.


509 S Railroad Ave

1003 Peninah St

180 Poppe Dr
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.

535 W Saunders Ave

1122 W Charles St

47132 311th St

218 E National St
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.

903 Kingwood St
Elgin, NE Local Guide

How much does it cost to rent a home in Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elgin 2 Bedroom Homes for Rent | $1,552 | $695 | $2,250 |
| Elgin 3 Bedroom Homes for Rent | $1,901 | $1,100 | $3,595 |
| Elgin 4 Bedroom Homes for Rent | $2,137 | $1,500 | $3,500 |
| Elgin 5 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
Browse Top Homes for Rent in Elgin
Explore Elgin
Elgin, NE Local Guide
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Cheapest Available Elgin Apartments for Rent and Nearby
 The cheapest available apartment rental in Elgin, NE is a 1 Bed unit found at Saracen Courts priced from $690. The Residences at Liberty Campus has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Elgin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saracen Courts | Unit 404 | 1BR,1BA | $690 |
| The Residences at Liberty Campus | 1/1 | 1BR,1BA | $700 |
| Prospect Ridge Apartments | Studio | Studio,1BA | $725 |
Best Value Apartments for Rent in Elgin, NE and Nearby
As of May 04, 2026 the best value apartment in the Elgin area is the $1.16 price per square foot 3 Bed, 2 Bath Model at Residences at Oak Pointe in the starting from $1,699. The second greatest value Elgin apartment is the 2 Beds, 1 bath Model at 414 W Phillip Ave starting at $1,450 with a $1.16 price per square foot . Here is today’s list of the best values for Elgin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Residences at Oak Pointe | 3 Bed, 2 Bath | 3BR,2BA | $1.16 |
| 414 W Phillip Ave | 2 Beds, 1 bath | 2BR,1BA | $1.16 |
| Cottonwood Creek Apartments | 3 Bedroom | 3BR,2BA | $1.21 |
| LongLeaf Apartments | 3 Bedroom | 3BR,2BA | $1.04 |
| Prairie Park Apartments | 2 Bed, 2 Bath | 2BR,2BA | $1.24 |
| Cedar Ridge | 2 Bed 2 Bath | 2BR,2BA | $1.20 |
| The Residences at Liberty Campus | 2/1 | 2BR,1BA | $1.13 |
| The Apartment Place | 1BR/1BA | 1BR,1BA | $1.07 |
| PLUM VILLA | Unit B | 2BR,1BA | $1.25 |
| Meadow Wood | A1 - Cottonwood | 1BR,1BA | $1.23 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elgin, NE Rentals by Map
See the most popular apartments and homes in Elgin, NE
Frequently Asked Questions about Elgin
What type of rentals are currently available in Elgin?
There are currently 50 Apartments for Rent in Elgin, NE with pricing that ranges from $605 to $2,495. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elgin ranging from $600 to $3,595.
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 $600 to $3,595 with an average monthly rent of $1,501.
How much are larger Three and Four Bedroom Rentals in Elgin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elgin range from $1,000 to $2,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,595. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,400.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.