Cheap Apartments for Rent near Elgin, OH from $500 (38 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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Pike Run Village
2 to 3 Bedroom Apartments

Pike Run Village

257 Elida RdDelphos, OH 45833
  • Utilities Included
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1 Edgebrook Dr
1 Bedroom Apartments

1 Edgebrook Dr

1 Edgebrook DrWapakoneta, OH 45895
Corporate Housing
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Partridge Place
1 to 3 Bedroom Apartments

Partridge Place

400 Partridge Place DrPaulding, OH 45879
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Apple Glen
1 to 3 Bedroom Apartments

Apple Glen

1116 Kear RdVan Wert, OH 45891
  • Utilities Included
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SYC - Sycamore Creek
2 to 3 Bedroom Apartments

SYC - Sycamore Creek

776 Country Side LnSidney, OH 45365
Corporate Housing
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Wellington Place
1 to 3 Bedroom Apartments

Wellington Place

1350 N Locust StOttawa, OH 45875
  • Utilities Included
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Arlington Place
2 Bedroom Apartments

Arlington Place

530 Degler StDefiance, OH 43512
  • Utilities Included

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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Showing Results 1-38, Page 1 of 1

Elgin, OH Local Guide

Cheapest Available Elgin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elgin, OH is a 1 Bed unit found at Town Square Senior Apartments - 62+ or HUD priced from $225. Villa Capri Apartments in the Continential Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Elgin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Town Square Senior Apartments - 62+ or HUDStudio1BR,1BA$225
Villa Capri ApartmentsPrato1BR,1BA$620
Partridge Place2 Bedroom Unit2BR,1BA$709
Apple Glen2 Bedroom Unit2BR,1BA$734
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742
Woodlynn ApartmentsWoodlynn Apartments2BR,1BA$750
43 Town Square2 Bedroom2BR,1BA$770
Black Pine Flats1 bedroom classic 5041BR,1BA$799
PINE GROVE APARTMENTS2 BED 1 BATH2BR,1BA$827
Tower LoftsTower Lofts: Studio (Silver)Studio,1BA$850

Best Value Apartments for Rent in Elgin, OH and Nearby

As of August 07, 2026 the best value apartment in the Elgin area is the $0.87 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,834. The second greatest value Elgin apartment is the 3 Bedroom Model at 43 Town Square starting at $1,413 with a $1.00 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.
Morada at Maysville2 Bed 2 Bath2BR,2BA$0.87
43 Town Square3 Bedroom3BR,2BA$1.00
Emerald Square Villas3X1.5 TH Classic3BR,1.5BA$0.79
PINE GROVE APARTMENTS3 BED 2 BATH3BR,2BA$0.89
Cardinal Creek Crossing Apartments2BD/1BA2BR,1BA$0.99
Partridge Place3 Bedroom Unit3BR,1.5BA$0.87
Apple Glen2 Bedroom Unit2BR,1BA$0.85
Woodlynn ApartmentsWoodlynn Apartments2BR,1BA$0.92
Villa Capri ApartmentsPrato1BR,1BA$0.86
Town Square Senior Apartments - 62+ or HUD1 Bedroom1BR,1BA$0.45

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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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!

Explore Elgin, OH Rentals by Map

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See the most popular apartments and homes in Elgin, OH

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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 Town Square Senior Apartments - 62+ or HUD listed at $225.

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

The lowest price for a Cheap One Bedroom Elgin Apartment is $225 at Town Square Senior Apartments - 62+ or HUD.

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 $709 at Partridge Place.

What is the most affordable Elgin Three Bedroom Apartment?

The best deal on a cheap Elgin Three Bedroom Apartment rental is at Partridge Place and starts from $885.

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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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.