Cheap Apartments for Rent in the Downtown Elgin Neighborhood of Elgin, IL from $700 (8 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Elgin area of Elgin.

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Regency Apartments
Studio to 3 Bedroom Apartments

Regency Apartments

230 S State StElgin, IL 60123
  • Utilities Inc.
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Roseanne Apartments
1 Bedroom Apartments

Roseanne Apartments

401 E Chicago StElgin, IL 60120
  • Utilities Inc.
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Westwind Tower
1 Bedroom Apartments

Westwind Tower

104 S State StElgin, IL 60123
Senior Living
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Downtown Elgin, Elgin, IL Local Guide

Cheapest Available Downtown Elgin Apartments for Rent

 

The cheapest available apartment rental in the Downtown Elgin area of Chicago, IL is a 1 Bed unit found at Fox River Crossing priced from $826. River's Landing Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Downtown Elgin apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Fox River CrossingStudio1BR,1BA$826
River's Landing ApartmentsStudio Unit - 440 sq ftStudio,1BA$999
Royal Ridge ApartmentsStudioStudio,1BA$1,125

Best Value Apartments for Rent in Downtown Elgin, IL

As of February 27, 2025 the best value apartment in the Downtown Elgin area is the $2.13 price per square foot B2- Lower Model at 1900 at Canterfield Apartment Homes in the in the Sandy Creek Estates neighborhood starting from $2,321. The second greatest value Downtown Elgin apartment is the 1Bed/1Bath Model at Fountain Square starting at $1,900 with a $2.32 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1900 at Canterfield Apartment HomesB2- Lower2BR,2BA$2.13
Fountain Square1Bed/1Bath1BR,1BA$2.32
Fox River CrossingStudio1BR,1BA$1.33
River's Landing ApartmentsStudio Unit - 440 sq ftStudio ,1BA$1.74
Royal Ridge ApartmentsStudioStudio ,1BA$2.25

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Elgin, Elgin, IL

Ranked #14

Among neighborhoods in Elgin, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

Frequently Asked Questions about Cheap Downtown Elgin Apartments

What is the Cheapest Studio apartment in Downtown Elgin?

Currently the most affordable Cheap Studio Apartment in Downtown Elgin is at River's Landing Apartments listed at $999.

How much is rent for a Cheap One Bedroom Downtown Elgin Apartment?

The lowest price for a Cheap One Bedroom Downtown Elgin Apartment is $826 at Fox River Crossing.

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 $967 at Fox River Crossing.

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 $2,472.

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

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