Cheap Apartments for Rent in Elkville, IL from $400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Elkville.

THE QUADS APARTMENTS

Saluki Apartments

Cornerstone Place

The Hill Apartments

Schilling Property Management

Saint Germain Square
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.

Alpha Property Management (Alpha Rentals)

Pine Shores Rentals

University Mall and Walnut Street Apartments

Brookside Apartments

Wedgewood Hills

G&R Rentals

The Metropolitan
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Newly Renovated 2 Bedrooms!

909 Fairland St

205 Vaux St

606 W College St

118 Elles Ave

203 N Green St
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.
Elkville, IL Local Guide

How much does it cost to rent an apartment in Elkville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elkville Studio Apartments | $451 | $400 | $625 |
| Elkville 1 Bedroom Apartments | $835 | $500 | $1,344 |
| Elkville 2 Bedroom Apartments | $966 | $650 | $1,584 |
| Elkville 3 Bedroom Apartments | $1,115 | $800 | $1,694 |
| Elkville 4 Bedroom Apartments | $1,445 | $295 | $2,080 |
Browse Top Apartments in Elkville
See all Apartments in ElkvilleExplore Elkville
Elkville, IL Local Guide
- Nearby Cities
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Cheapest Available Elkville Apartments for Rent and Nearby
 The cheapest available apartment rental in Elkville, IL is a Studio unit found at THE QUADS APARTMENTS priced from $400. Saluki Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $420. Here is today’s list of the most affordable Elkville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $400 |
| Saluki Apartments | Studio | Studio,1BA | $420 |
| Campus Edge | Studio | Studio,1BA | $450 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $550 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $595 |
Best Value Apartments for Rent in Elkville, IL and Nearby
As of November 13, 2025 the best value apartment in the Elkville area is the $1.00 price per square foot 3 bedroom Model at 2707 Fairway Dr in the starting from $1,400. The second greatest value Elkville apartment is the 3 Bedrooms Model at Grand Place Apartments starting at $1,185 with a $1.08 price per square foot . Here is today’s list of the best values for Elkville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2707 Fairway Dr | 3 bedroom | 3BR,2BA | $1.00 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| The Hill Apartments | The Hill 2 Bed 2 Bath | 2BR,2BA | $1.14 |
| Chesterfield Village | 1 Bedroom 1 Bath | 1BR,1BA | $1.28 |
| Storyboard on Black Diamond | Black Diamond A1 | 1BR,1BA | $1.23 |
| Newly Renovated 2 Bedrooms! | 2BR/1.0BA | 2BR,1BA | $1.05 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.79 |
| Aspen Court Apartments | One Bedroom | 1BR,1BA | $1.16 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $1.20 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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 Elkville, IL Rentals by Map
See the most popular apartments and homes in Elkville, IL
Getting Around Elkville, IL
Walk Score®
17 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Elkville Apartments
What is the Cheapest Studio apartment in Elkville?
Currently the most affordable Cheap Studio Apartment in Elkville is at THE QUADS APARTMENTS listed at $400.
How much is rent for a Cheap One Bedroom Elkville Apartment?
The lowest price for a Cheap One Bedroom Elkville Apartment is $550 at Schilling Property Management.
What is the lowest price for a Cheap Two Bedroom Elkville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elkville is starting from $700 at THE QUADS APARTMENTS.
What is the most affordable Elkville Three Bedroom Apartment?
The best deal on a cheap Elkville Three Bedroom Apartment rental is at THE QUADS APARTMENTS and starts from $800.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.




