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$826 - $1,2021 to 2 Bedroom Apartments Contact Us For Availability
Fox River Crossing
300 N State StElgin, IL 60123
Cheap Apartments for Rent in South Elgin, IL from $700 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in South Elgin.
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Rent Specials
$1,025 - $1,450Studio to 2 Bedroom Apartments Available Now
River's Landing Apartments
3 Times SqElgin, IL 60120
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$1,100
Total Monthly Price
Studio Apartment Available NowTotal Monthly Price
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$1,100
Total Monthly Price
$1,100
24 Lynch St, Unit 9, Unit 9
24 Lynch StElgin, IL 60123
370 Bent St
ElginIL60120
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Rent Specials
$1,250 - $1,350Studio to 1 Bedroom Apartments Available Now
Royal Ridge Apartments
237 Robert DrElgin, IL 60123
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$1,500 - $1,6002 Bedroom Apartments Contact Us For Availability
39 Surrey Dr
51 Surrey DrElgin, IL 60123
517 E Chicago St
ElginIL60120
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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Studio to 3 Bedroom Apartments
Regency Apartments
230 S State StElgin, IL 60123
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2 to 5 Bedroom Apartments
Fox River Townhomes
320 Watch CtElgin, IL 60120
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Studio to 2 Bedroom Apartments
River West Commons
719 W Highland AveElgin, IL 60123
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Studio to 2 Bedroom Apartments
Roseanne Apartments
401 E Chicago StElgin, IL 60120
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2 Bedroom Apartments
114 N Spring St
114 N Spring StElgin, IL 60120
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Studio to 3 Bedroom Apartments
Elgin Artspace Lofts - For Artists Only
51 S Spring StElgin, IL 60120
314 E Chicago St
ElginIL60120
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.
140 College St
ElginIL60120
67 N Aldine St
ElginIL60123
67 N Aldine St, Unit 6, Unit 6
67 N Aldine St
ElginIL60123
292 Villa St
ElginIL60120
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1 to 2 Bedroom Apartments
Westwind Tower
104 S State StElgin, IL 60123
65 N Aldine St, Unit 2, Unit 2
65 N Aldine St
ElginIL60123
530 Locust St
ElginIL60123
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.
Showing Results 1-21, Page 1 of 1
South Elgin, IL Local Guide
Illinois Wind Farm by Tom Shockey is licensed under CC BY 2.0
How much does it cost to rent an apartment in South Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Elgin Studio Apartments | $1,643 | $1,025 | $1,790 |
| South Elgin 1 Bedroom Apartments | $1,829 | $826 | $2,195 |
| South Elgin 2 Bedroom Apartments | $2,274 | $967 | $2,800 |
| South Elgin 3 Bedroom Apartments | $2,733 | $2,000 | $3,195 |
| South Elgin 4 Bedroom Apartments | $17,609 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in South Elgin
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South Elgin, IL Local Guide
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Cheapest Available South Elgin Apartments for Rent and Nearby
The cheapest available apartment rental in South Elgin, IL is a 3 Beds unit found at Fox River Townhomes in the Beacon Pointe neighborhood priced from $988. River's Landing Apartments in the Beacon Pointe neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,235. Here is today’s list of the most affordable South Elgin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fox River Townhomes | 3x1 | 3BR,1BA | $988 |
| River's Landing Apartments | 1 Bedroom 1 Bath 675 sq ft | 1BR,1BA | $1,235 |
| Royal Ridge Apartments | Studio | Studio,1BA | $1,250 |
| Panton Mill Station | The Beech | 1BR,1BA | $1,758 |
| Seasons at Elgin | A | Studio,1BA | $1,790 |
Best Value Apartments for Rent in South Elgin, IL and Nearby
As of April 30, 2026 the best value apartment in the South Elgin area is the $2.00 price per square foot 2 Bed/ 2 Bath/ Den Model at Fountain Square in the in the College Green neighborhood starting from $2,600. The second greatest value South Elgin apartment is the 2-2 BR Retreat Overlook Model at Authentix South Elgin starting at $2,081 with a $2.03 price per square foot in the Valley View 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. |
|---|---|---|---|
| Fountain Square | 2 Bed/ 2 Bath/ Den | 2BR,2.5BA | $2.00 |
| Authentix South Elgin | 2-2 BR Retreat Overlook | 2BR,2BA | $2.03 |
| Fox River Townhomes | 3x1 | 3BR,1BA | $1.02 |
| Panton Mill Station | The Beech | 1BR,1BA | $2.08 |
| 520 Lawrence Ave, Unit Furnished Unit | 520 Lawrence Ave | 1BR,1BA | $2.13 |
| River's Landing Apartments | 2 Bedroom 1 Bath 775 sq ft | 2BR,1BA | $1.87 |
| Springs At South Elgin | 1 BR Designer Courtyard Garage | 1BR,1BA | $2.75 |
| Seasons at Elgin | 1B | 1BR,1BA | $2.59 |
| 24 Lynch St, Unit 9 | 24 Lynch St | Studio ,1BA | $2.00 |
| Royal Ridge Apartments | Studio | Studio ,1BA | $2.50 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
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 ArticleCash 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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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.
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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
Frequently Asked Questions about Cheap South Elgin Apartments
What is the Cheapest Studio apartment in South Elgin?
Currently the most affordable Cheap Studio Apartment in South Elgin is at Royal Ridge Apartments listed at $1,250.
How much is rent for a Cheap One Bedroom South Elgin Apartment?
The lowest price for a Cheap One Bedroom South Elgin Apartment is $1,235 at River's Landing Apartments.
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 $1,450 at River's Landing Apartments.
What is the most affordable South Elgin Three Bedroom Apartment?
The best deal on a cheap South Elgin Three Bedroom Apartment rental is at Fox River Townhomes and starts from $988.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.