
Cheap Apartments for Rent in Elgin, IL from $700 (16 Rentals)
Cheap Apartments in Elgin.


River's Landing Apartments

Royal Ridge Apartments

Squire Village Apartments
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Elgin, IL Local Guide

How much does it cost to rent an apartment in Elgin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Elgin Studio Apartments | $2,006 | $1,025 | $6,000 |
Cheap Elgin 1 Bedroom Apartments | $1,817 | $826 | $2,666 |
Cheap Elgin 2 Bedroom Apartments | $2,204 | $967 | $3,269 |
Cheap Elgin 3 Bedroom Apartments | $2,600 | $1,855 | $3,680 |
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Elgin, IL Local Guide

- Elgin Neighborhoods
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Cheapest Neighborhoods for Apartments in Elgin, IL
Pricing Updated: 05/08/2025Current apartment rentals in the Elgin, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Elgin Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Grant School Park | $2,559 | $826 | 5 |
Cheapest Available Elgin Apartments for Rent
 The cheapest available apartment rental in Elgin, IL is a Studio unit found at River's Landing Apartments in the Beacon Pointe neighborhood priced from $1,025. Royal Ridge Apartments in the West Ridge Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here is today’s list of the most affordable Elgin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
River's Landing Apartments | Studio Unit - 440 sq ft | Studio,1BA | $1,025 |
Royal Ridge Apartments | Studio | Studio,1BA | $1,125 |
39 Surrey Dr | 39 Surrey | Studio,1BA | $1,175 |
Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $1,335 |
The Villages at Canterfield | A | 1BR,1BA | $1,655 |
Best Value Apartments for Rent in Elgin, IL
As of May 08, 2025 the best value apartment in the Elgin area is the $1.56 price per square foot Two Bedroom Model at Highland Springs in the in the West Ridge Village neighborhood starting from $1,950. The second greatest value Elgin apartment is the 2 bed/2 bath Model at 1990 Larkin Ave, Elgin, IL 60123 starting at $2,100 with a $1.75 price per square foot in the West Ridge Village neighborhood. 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. |
---|---|---|---|
Highland Springs | Two Bedroom | 2BR,2BA | $1.56 |
1990 Larkin Ave, Elgin, IL 60123 | 2 bed/2 bath | 2BR,2BA | $1.75 |
569 Dean Dr, Unit 4 | 569 Dean Dr | 2BR,1BA | $2.27 |
Springs At South Elgin | 1 BR Designer Overlook | 1BR,1BA | $2.27 |
Fountain Square | 1Bed/1Bath | 1BR,1BA | $2.32 |
Blackhawk Apartment Homes | Two Bedroom - 817 sqft | 2BR,1BA | $1.96 |
The Villages at Canterfield | A | 1BR,1BA | $2.17 |
39 Surrey Dr | 39 Surrey | Studio ,1BA | $1.88 |
River's Landing Apartments | Studio Unit - 440 sq ft | Studio ,1BA | $1.78 |
Royal Ridge Apartments | Studio | Studio ,1BA | $2.25 |
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Elgin Overview
A charming city located to the northern end of Illinois, Elgin is an ideal destination well worthy of consideration. Less than forty miles from the epicenter of Chicago, Elgin is an ever-growing locale offering small town ideals melded flawlessly with big city opportunity.
Why live in Elgin, IL?
True to its motto 'The City in the Suburbs', Elgin rentals offer a winning mixture of convenience and that oh-so-important rural comfort. Ideal for families and working class singles alike, this growing Illinois city is big on education, blue collar ideals and heart. With an exciting downtown scene filled with restaurants, museums and plenty of shopping, Elgin might just be the city you've been searching for.
Best Local Schools in Elgin, IL
Country Trails Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Elgin, IL
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
27 / 100
Some Transit
A few nearby public transportation options
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 River's Landing Apartments listed at $1,025.
How much is rent for a Cheap One Bedroom Elgin Apartment?
The lowest price for a Cheap One Bedroom Elgin Apartment is $1,335 at Blackhawk Apartment Homes.
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 $1,600 at Blackhawk Apartment Homes.
What is the most affordable Elgin Three Bedroom Apartment?
The best deal on a cheap Elgin Three Bedroom Apartment rental is at Fountain Square and starts from $3,100.
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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