Cheap Apartments for Rent near Elgin, OH from $590 (61 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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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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Pike Run Village
2 to 3 Bedroom Apartments

Pike Run Village

257 Elida RdDelphos, OH 45833
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Apple Glen
1 to 3 Bedroom Apartments

Apple Glen

1116 Kear RdVan Wert, OH 45891
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1 Edgebrook Dr
1 Bedroom Apartments

1 Edgebrook Dr

1 Edgebrook DrWapakoneta, OH 45895
Corporate Housing

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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Wellington Place
1 to 3 Bedroom Apartments

Wellington Place

1350 N Locust StOttawa, OH 45875
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1540 N Elizabeth St
1 Bedroom Apartments

1540 N Elizabeth St

1540 N Elizabeth StLima, OH 45801
Student Housing
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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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Arlington Place
2 Bedroom Apartments

Arlington Place

530 Degler StDefiance, OH 43512
  • 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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Showing Results 1-50, Page 1 of 2

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
Apple Glen1 Bedroom Unit1BR, 1BA$624
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio, 1BA$742
Black Pine Flats1 bedroom classic 5041BR, 1BA$799
PINE GROVE APARTMENTS2 BED 1 BATH2BR, 1BA$827
Wellington Place2 Bedroom Unit2BR, 1BA$850
Tower LoftsTower Lofts: Studio (Silver)Studio, 1BA$850
Deer Creek Apartments2 Bedroom2BR, 1BA$875
Mark Royal2 Bedroom2BR, 1BA$880

Best Value Apartments for Rent in Elgin, OH and Nearby

As of September 21, 2026 the best value apartment in the Elgin area is the $0.67 price per square foot 2 Bed 2 Bath Model at The Annex of Lima starting from $825. The second greatest value Elgin apartment is the 3 BED 2 BATH Model at PINE GROVE APARTMENTS in the Wells County neighborhood starting at $953 with a $0.89 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.
The Annex of Lima2 Bed 2 Bath2BR, 2BA$0.67
PINE GROVE APARTMENTS3 BED 2 BATH3BR, 2BA$0.89
Cardinal Creek Crossing Apartments2BD/1BA2BR, 1BA$0.99
Fairview Court Apartments2x1.5 Down Reno2BR, 1.5BA$1.19
Wellington Place2 Bedroom Unit2BR, 1.5BA$0.93
Deer Creek Apartments2 Bedroom2BR, 1BA$1.01
Royal Jameson2 Bedroom2BR, 1BA$1.11
Villa Capri ApartmentsPrato1BR, 1BA$0.86
Apple Glen1 Bedroom Unit1BR, 1BA$0.93
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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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!

Explore Elgin, OH Rentals by Map

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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 $734 at Apple Glen.

What is the most affordable Elgin Three Bedroom Apartment?

The best deal on a cheap Elgin Three Bedroom Apartment rental is at Villa Capri Apartments and starts from $946.

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.