Cheap Apartments for Rent in Elgin, TN from $700 (23 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Magnolia Terrace
1 Bedroom Apartments

Magnolia Terrace

222 Broad StJellico, TN 37762
Senior Living
  • Utilities Included

Cash 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.

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Showing Results 1-23, Page 1 of 1

Elgin, TN Local Guide

Cheapest Available Elgin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elgin, TN is a 1 Bed unit found at Hillview Terrace Apartments priced from $850. Royce Hill- Income Restrictions Apply has the second lowest priced unit, which is a 1 Bed apartment currently listed from $854. Here is today’s list of the most affordable Elgin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillview Terrace Apartments1-bedroom1BR,1BA$850
Royce Hill- Income Restrictions ApplyOne Bedroom1BR,1BA$854
Rolling Hills Apartment HomesThe Cumberland2BR,1BA$875
Willow Run ApartmentsTwo Bedroom2BR,1BA$909
The Bunkers at Oak RidgeOne Bedroom - One Bath1BR,1BA$960

Best Value Apartments for Rent in Elgin, TN and Nearby

As of August 28, 2025 the best value apartment in the Elgin area is the $1.24 price per square foot 4 Bedroom Home Model at Amber Vista - Brand New Homes in the starting from $2,845. The second greatest value Elgin apartment is the The Rocky Top Sunroom Model at Greystone Summit Knoxville starting at $2,335 with a $1.41 price per square foot in the West Knoxville neighborhood. 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.
Amber Vista - Brand New Homes4 Bedroom Home4BR,2BA$1.24
Greystone Summit KnoxvilleThe Rocky Top Sunroom3BR,2BA$1.41
Townhouse Row at GreystoneHadley3BR,2.5BA$1.41
Secret City Apartments2 Bed 1 Bath2BR,1BA$1.41
Rolling Hills Apartment HomesThe Windrock2BR,1BA$0.85
Magnolia Place2 Bed 1 Bath2BR,1BA$1.07
Kenridge ApartmentsB2-PR2BR,2BA$1.45
Teller Village Apartments2 Bedroom2BR,2BA$1.23
Royce Hill- Income Restrictions ApplyOne Bedroom1BR,1BA$1.14
Hillview Terrace Apartments1-bedroom1BR,1BA$1.13

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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

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

The lowest price for a Cheap One Bedroom Elgin Apartment is $850 at Hillview Terrace Apartments.

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 $875 at Rolling Hills Apartment Homes.

What is the most affordable Elgin Three Bedroom Apartment?

The best deal on a cheap Elgin Three Bedroom Apartment rental is at Royce Hill- Income Restrictions Apply and starts from $1,181.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.