Cheap Homes for Rent in Elgin, IA from $600 (13 Rentals)

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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.

Elgin, IA Local Guide

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 ListingModel NameBed/BathPriced From
Russell LamsonStudioStudio,1BA$675
Meadow Ridge Apartments1 BR/ 1 BA1BR,1BA$675
The Meadows ApartmentsQuads 2Bd2BR,1BA$700
1106-1110 Kent CircleKent Circle 1 Bed/1 Bath1BR,1BA$750
Union at North Crossing1 Bed 1 Bath1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Lawler School Lofts3 Beds, 3 baths3BR,3BA$0.81
Arrow RidgeTwo Bedroom (A1)2BR,1BA$1.10
West Brook 32BR/2.0BA2BR,2BA$1.10
3714 Ravenwood Cir2 BR/ 2 BA2BR,2BA$1.05
Hawkeye Towers3/2.003BR,2BA$0.50
Kinsale CondominiumsTwo Bedroom w/ Garage2BR,1BA$1.00
Le Chateau2BR/1.5BA2BR,1.5BA$0.96
Union at North Crossing2 Bed 2 Bath2BR,2BA$1.13
The Meadows ApartmentsMeadows 2Bd2BR,1BA$0.92
Meadow Ridge Apartments1 BR/ 1 BA1BR,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.

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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.

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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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

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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.