
New Apartments for Rent in South Elgin, IL Under $1,200 (1 Rental)

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,436 | $1,025 | $1,695 |
South Elgin 1 Bedroom Apartments | $1,896 | $826 | $2,519 |
South Elgin 2 Bedroom Apartments | $2,276 | $967 | $3,198 |
South Elgin 3 Bedroom Apartments | $3,006 | $2,775 | $3,500 |
Explore South Elgin
South Elgin, IL Local Guide
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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.
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 New South Elgin Apartments
What is the Cheapest New apartment in South Elgin?
Currently the most affordable New Apartment in South Elgin is at Fox River Crossing listed at $826.
How much is the average rent for a New South Elgin Apartment?
The average rent for a New Apartment in South Elgin is $2,055.
What is the largest New South Elgin Apartment for rent?
Today's New apartment with the most square footage in South Elgin is a 1,671 square feet unit starting from $1,695 at Seasons at Elgin.
What is the average size for South Elgin New Apartments for rent?
The average size for a New rental in South Elgin is currently at 681 sq ft.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.