
Cheap Apartments for Rent in Elgin, IA from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Elgin.


Meadow Ridge Apartments

Park @ Nine23

1106-1110 Kent Circle

Union at North Crossing

1637 Carriage Hill Dr

228 Spaces - Furnished Micro-Living Apartments

Brentwood Estates - Furnished & Unfurnished

Rolling Meadows Apartments

Edgemont Park Apartments

Leavitt Park Apartments - Waterloo, IA

22 S Frederick Ave

912 Broadway St

227 Madison St

269 Madison St

2120 Mulberry St

7 6th St SE

310 Cutler St

1 E Charles St

1213 Columbia St

415 Adams St

2747 E 4th St

110 Block St

220 1st Ave NW

233 Madison St

148 Mohawk St

650 Kern St

124 52nd Ave
Elgin, IA Local Guide

How much does it cost to rent an apartment in Elgin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elgin Studio Apartments | $922 | $675 | $1,300 |
Elgin 1 Bedroom Apartments | $1,038 | $650 | $1,800 |
Elgin 2 Bedroom Apartments | $1,233 | $700 | $3,433 |
Elgin 3 Bedroom Apartments | $1,131 | $505 | $1,900 |
Elgin 4 Bedroom Apartments | $520 | $520 | $520 |
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Elgin, IA Local Guide
- Nearby Cities
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Cheapest Available Elgin Apartments for Rent and Nearby
 The cheapest available apartment rental in Elgin, IA is a Studio unit found at Russell Lamson in the Downtown Waterloo neighborhood priced from $675. Meadow Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Elgin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Russell Lamson | Studio | Studio,1BA | $675 |
Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $675 |
The Meadows Apartments | Quads 2Bd | 2BR,1BA | $700 |
Le Chateau | 1BR/1.0BA | 1BR,1BA | $725 |
1106-1110 Kent Circle | Kent Circle 1 Bed/ 1 Bath | 1BR,1BA | $750 |
Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $757 |
1637 Carriage Hill Dr | 2 BR/ 1 BA | 2BR,1BA | $775 |
228 Spaces - Furnished Micro-Living Apartments | 2nd Floor Studio | Studio,1BA | $795 |
Brentwood Estates - Furnished & Unfurnished | UNFURNISHED Brentwood | 1BR,1BA | $795 |
Rolling Meadows Apartments | - 1 Bedroom/1 Bath Apartment in Excellent Loca... | 1BR,1BA | $800 |
Best Value Apartments for Rent in Elgin, IA and Nearby
As of March 13, 2025 the best value apartment in the Elgin area is the $1.08 price per square foot Two Bedroom (A2) Model at Arrow Ridge in the starting from $1,295. The second greatest value Elgin apartment is the 2 BR/ 2 BA Model at 3714 Ravenwood Cir starting at $1,100 with a $1.05 price per square foot . Here is today’s list of the best values for Elgin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Arrow Ridge | Two Bedroom (A2) | 2BR,1BA | $1.08 |
3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.05 |
Hawkeye Towers | 3/2.00 | 3BR,2BA | $0.50 |
West Brook 3 | 2 Bedroom | 2BR,2BA | $1.15 |
Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
Union at North Crossing | 2 Bed 2 Bath | 2BR,2BA | $1.13 |
The Meadows Apartments | Meadows 2Bd | 2BR,1BA | $0.92 |
1637 Carriage Hill Dr | 2 BR/ 1 BA | 2BR,1BA | $1.10 |
Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.11 |
Le Chateau | 1BR/1.0BA | 1BR,1BA | $1.20 |
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Getting Around Elgin, IA
Walk Score®
15 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
27 / 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 Elgin Apartments
What is the Cheapest Studio apartment in Elgin?
Currently the most affordable Cheap Studio Apartment in Elgin is at Russell Lamson listed at $675.
How much is rent for a Cheap One Bedroom Elgin Apartment?
The lowest price for a Cheap One Bedroom Elgin Apartment is $675 at Meadow Ridge Apartments.
What is the lowest price for a Cheap Two Bedroom Elgin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elgin is starting from $700 at The Meadows Apartments.
What is the most affordable Elgin Three Bedroom Apartment?
The best deal on a cheap Elgin Three Bedroom Apartment rental is at The Meadows Apartments and starts from $750.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.