
Cheap Homes for Rent in Elgin, IA from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Elgin.


615 Wentling St

109 Ludland Dr

12 6th Ave NE

220 1st Ave NW

117 6th Ave SW

7 6th St SE

215 Madison St

233 Madison St

227 Madison St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

322 Lester St

524 5th Ave NW

213 Manson St
Elgin, IA Local Guide

How much does it cost to rent a home in Elgin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elgin 2 Bedroom Homes for Rent | $907 | $695 | $1,545 |
Elgin 3 Bedroom Homes for Rent | $959 | $625 | $1,225 |
Elgin 4 Bedroom Homes for Rent | $950 | $950 | $950 |
Browse Top Homes for Rent in Elgin
Explore Elgin
Elgin, IA Local Guide
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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 |
1106-1110 Kent Circle | Kent Circle 1 Bed/1 Bath | 1BR,1BA | $750 |
Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $757 |
Best Value Apartments for Rent in Elgin, IA and Nearby
As of April 25, 2025 the best value apartment in the Elgin area is the $0.81 price per square foot 3 Beds, 3 baths Model at Lawler School Lofts in the starting from $969. The second greatest value Elgin apartment is the Two Bedroom (A1) Model at Arrow Ridge starting at $1,225 with a $1.10 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. |
---|---|---|---|
Lawler School Lofts | 3 Beds, 3 baths | 3BR,3BA | $0.81 |
Arrow Ridge | Two Bedroom (A1) | 2BR,1BA | $1.10 |
West Brook 3 | 2BR/2.0BA | 2BR,2BA | $1.10 |
3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.05 |
Hawkeye Towers | 3/2.00 | 3BR,2BA | $0.50 |
Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
Le Chateau | 2BR/1.5BA | 2BR,1.5BA | $0.96 |
Union at North Crossing | 2 Bed 2 Bath | 2BR,2BA | $1.13 |
The Meadows Apartments | Meadows 2Bd | 2BR,1BA | $0.92 |
Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.11 |
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Frequently Asked Questions about Elgin
What type of rentals are currently available in Elgin?
There are currently 47 Apartments for Rent in Elgin, IA with pricing that ranges from $505 to $3,433. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elgin ranging from $625 to $1,545.
What is the current price range for Rental Homes in Elgin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elgin ranges from $625 to $1,545 with an average monthly rent of $910.
How much are larger Three and Four Bedroom Rentals in Elgin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elgin range from $505 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $625 to $1,225. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $520.
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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.