
Cheap Apartments for Rent in the Downtown Elgin Neighborhood of Elgin, IL from $700 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Elgin area of Elgin.


River's Landing Apartments

Royal Ridge Apartments

Squire Village Apartments

Hunter Ridge Apartments
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Blackhawk Apartment Homes

325 E Chicago St
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292 Villa St
Downtown Elgin, Elgin, IL Local Guide

How much does it cost to rent an apartment in Downtown Elgin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Elgin Studio Apartments | $1,125 | $1,025 | $1,175 |
Downtown Elgin 1 Bedroom Apartments | $1,718 | $826 | $3,638 |
Downtown Elgin 2 Bedroom Apartments | $2,042 | $967 | $3,269 |
Downtown Elgin 3 Bedroom Apartments | $2,453 | $1,855 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Elgin Neighborhood of Elgin, IL.
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Downtown Elgin, Elgin, IL Local Guide
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Cheapest Available Downtown Elgin Apartments for Rent
 The cheapest available apartment rental in the Downtown Elgin area of Chicago, IL is a Studio unit found at Royal Ridge Apartments priced from $1,125. 39 Surrey Dr has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Downtown Elgin apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Royal Ridge Apartments | Studio | Studio,1BA | $1,125 |
39 Surrey Dr | 39 Surrey | Studio,1BA | $1,175 |
Blackhawk Apartment Homes | One Bedroom - 598 sqft | 1BR,1BA | $1,305 |
The Villages at Canterfield | A | 1BR,1BA | $1,655 |
Panton Mill Station | The Linden | 1BR,1BA | $1,853 |
Best Value Apartments for Rent in Downtown Elgin, IL
As of April 29, 2025 the best value apartment in the Downtown Elgin area is the $1.76 price per square foot C2- Upper Model at 1900 at Canterfield Apartment Homes in the in the Sandy Creek Estates neighborhood starting from $2,519. The second greatest value Downtown 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 Downtown Elgin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1900 at Canterfield Apartment Homes | C2- Upper | 3BR,2BA | $1.76 |
1990 Larkin Ave, Elgin, IL 60123 | 2 bed/2 bath | 2BR,2BA | $1.75 |
Fountain Square | 1Bed/1Bath | 1BR,1BA | $2.32 |
Panton Mill Station | The Linden | 1BR,1BA | $2.42 |
The Villages at Canterfield | A | 1BR,1BA | $2.17 |
39 Surrey Dr | 39 Surrey | Studio ,1BA | $1.88 |
Blackhawk Apartment Homes | One Bedroom - 598 sqft | 1BR,1BA | $2.18 |
Royal Ridge Apartments | Studio | Studio ,1BA | $2.25 |
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Pet Friendly LifestyleDowntown Elgin, Elgin, IL
Ranked #1
Among neighborhoods in Elgin, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Downtown Elgin Neighborhood in Elgin, IL
Walk Score®
90 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
50 / 100
Good Transit
Many 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 Downtown Elgin Apartments
How much is rent for a Cheap One Bedroom Downtown Elgin Apartment?
The lowest price for a Cheap One Bedroom Downtown Elgin Apartment is $1,305 at Blackhawk Apartment Homes.
What is the lowest price for a Cheap Two Bedroom Downtown Elgin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Elgin is starting from $1,595 at Blackhawk Apartment Homes.
What is the most affordable Downtown Elgin Three Bedroom Apartment?
The best deal on a cheap Downtown Elgin Three Bedroom Apartment rental is at 1900 at Canterfield Apartment Homes and starts from $2,519.
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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