
Cheap Apartments for Rent in South Elgin, IL from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in South Elgin.


River's Landing Apartments

Royal Ridge Apartments
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.
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.
South Elgin, IL Local Guide

How much does it cost to rent an apartment in South Elgin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Elgin Studio Apartments | $1,616 | $1,025 | $1,790 |
South Elgin 1 Bedroom Apartments | $1,798 | $826 | $2,195 |
South Elgin 2 Bedroom Apartments | $2,201 | $967 | $3,100 |
South Elgin 3 Bedroom Apartments | $2,639 | $2,404 | $3,500 |
South Elgin 4 Bedroom Apartments | $5,744 | $2,400 | $10,000+ |
Browse Top Apartments in South Elgin
See all Apartments in South ElginExplore South Elgin
South Elgin, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available South Elgin Apartments for Rent and Nearby
 The cheapest available apartment rental in South Elgin, IL is a Studio unit found at Royal Ridge Apartments in the Edgewater neighborhood priced from $1,125. 39 Surrey Dr in the West Ridge Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here is today’s list of the most affordable South Elgin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Royal Ridge Apartments | Studio | Studio,1BA | $1,125 |
39 Surrey Dr | 39 Surrey | 2BR,1BA | $1,400 |
Springs At South Elgin | Studio Grand Overlook | Studio,1BA | $1,659 |
Best Value Apartments for Rent in South Elgin, IL and Nearby
As of September 14, 2025 the best value apartment in the South Elgin area is the $1.38 price per square foot 168 Harding St Model at 168 Harding St, Unit Duplex in the in the Southeast Elgin Cook neighborhood starting from $1,800. The second greatest value South Elgin apartment is the 2 Bed 1 Bath Model at WC Kimball starting at $1,895 with a $1.58 price per square foot in the Grant Park neighborhood. Here is today’s list of the best values for South Elgin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
168 Harding St, Unit Duplex | 168 Harding St | 2BR,1.5BA | $1.38 |
WC Kimball | 2 Bed 1 Bath | 2BR,1BA | $1.58 |
438 Villa St, Unit 1 | 438 Villa St | 4BR,2BA | $2.18 |
Seasons at Elgin | 1G | 1BR,1BA | $2.11 |
39 Surrey Dr | 39 Surrey | 2BR,1BA | $1.65 |
Fountain Square | 1Bed/1Bath | 1BR,1BA | $2.32 |
Panton Mill Station | The Linden | 1BR,1BA | $2.23 |
Authentix South Elgin | 1 BR Horizon Overlook | 1BR,1BA | $2.46 |
Springs At South Elgin | Studio Grand Overlook | Studio ,1BA | $2.80 |
Royal Ridge Apartments | Studio | Studio ,1BA | $2.25 |
Quick 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.
Best Local Schools in South Elgin, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore South Elgin, IL Rentals by Map
See the most popular apartments and homes in South Elgin, IL
Getting Around South Elgin, IL
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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 South Elgin Apartments
How much is rent for a Cheap One Bedroom South Elgin Apartment?
The lowest price for a Cheap One Bedroom South Elgin Apartment is $1,599 at Authentix South Elgin.
What is the lowest price for a Cheap Two Bedroom South Elgin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Elgin is starting from $1,400 at 39 Surrey Dr.
What is the most affordable South Elgin Three Bedroom Apartment?
The best deal on a cheap South Elgin Three Bedroom Apartment rental is at Springs At South Elgin and starts from $2,601.
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.

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.

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.

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.