Cheap Homes for Rent in South Elgin, IL from $900 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in South Elgin.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

South Elgin, IL Local Guide

Cheapest Available South Elgin Apartments for Rent

 

The cheapest available apartment rental in South Elgin, IL is a Studio unit found at Royal Ridge Apartments in the West Ridge Village neighborhood priced from $1,125. 39 Surrey Dr in the West Ridge Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable South Elgin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Royal Ridge ApartmentsStudioStudio,1BA$1,125
39 Surrey Dr39 SurreyStudio,1BA$1,175
Panton Mill StationThe Beech1BR,1BA$1,859

Best Value Apartments for Rent in South Elgin, IL

As of June 25, 2025 the best value apartment in the South Elgin area is the $1.75 price per square foot 2 bed/2 bath Model at 1990 Larkin Ave, Elgin, IL 60123 in the in the West Ridge Village neighborhood starting from $2,100. The second greatest value South Elgin apartment is the 613 Dean Dr Model at 613 Dean Dr, Unit #6 starting at $1,700 with a $1.55 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1990 Larkin Ave, Elgin, IL 601232 bed/2 bath2BR,2BA$1.75
613 Dean Dr, Unit #6613 Dean Dr2BR,1BA$1.55
Springs At South Elgin2 BR Designer Courtyard Garage2BR,2BA$2.46
Fountain Square1Bed/1Bath1BR,1BA$2.32
Panton Mill StationThe Linden1BR,1BA$2.49
39 Surrey Dr39 SurreyStudio ,1BA$1.88
Royal Ridge ApartmentsStudioStudio ,1BA$2.25

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Frequently Asked Questions about South Elgin

What type of rentals are currently available in South Elgin?

There are currently 122 Apartments for Rent in South Elgin, IL with pricing that ranges from $826 to $3,500. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Elgin ranging from $900 to $5,000.

What is the current price range for Rental Homes in South Elgin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Elgin ranges from $900 to $5,000 with an average monthly rent of $2,537.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.

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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.