Cheap Apartments for Rent in Elgin, TN from $500 (25 Rentals)

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Mason Greene
1 to 4 Bedroom Apartments

Mason Greene

54 Stokes CtMonticello, KY 42633
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Magnolia Terrace
1 Bedroom Apartments

Magnolia Terrace

222 Broad StJellico, TN 37762
Senior Living
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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 The Bunkers at Oak Ridge priced from $960. College Grove has the second lowest priced unit, which is a 2 Beds apartment currently listed from $985. Here is today’s list of the most affordable Elgin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Bunkers at Oak RidgeOne Bedroom - One Bath1BR,1BA$960
College GroveTwo Bedroom2BR,1BA$985
Waters Edge Apartment HomesOne Bedroom1BR,1BA$995
The Flats at Jackson SquareStudioStudio,1BA$1,000
Magnolia Place2 Bed 1 Bath2BR,1BA$1,050

Best Value Apartments for Rent in Elgin, TN and Nearby

As of October 13, 2025 the best value apartment in the Elgin area is the $1.27 price per square foot 4 Bedroom Home Model at Amber Vista - Brand New Homes in the starting from $2,920. The second greatest value Elgin apartment is the The Magnolia Model at Poplar Creek starting at $2,800 with a $1.43 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.
Amber Vista - Brand New Homes4 Bedroom Home4BR,2BA$1.27
Poplar CreekThe Magnolia3BR,2.5BA$1.43
Steele Landing Townhome RentalsRockhouse Falls3BR,2.5BA$1.47
Greystone Summit KnoxvilleThe Rocky Top Sunroom3BR,2BA$1.41
Townhouse Row at GreystoneHadley3BR,2.5BA$1.41
Preserve At Hardin Valley ApartmentsB12BR,2BA$1.50
Secret City Apartments2 Bed 1 Bath2BR,1BA$1.30
Magnolia Place2 Bed 1 Bath2BR,1BA$1.07
Teller Village Apartments2 Bedroom2BR,2BA$1.23
Waters Edge Apartment HomesOne Bedroom1BR,1BA$1.33

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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 The Flats at Jackson Square listed at $1,000.

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

The lowest price for a Cheap One Bedroom Elgin Apartment is $990 at The Bunkers at Oak Ridge.

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 $985 at College Grove.

What is the most affordable Elgin Three Bedroom Apartment?

The best deal on a cheap Elgin Three Bedroom Apartment rental is at Forest Ridge Apartments and starts from $1,696.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.