Cheap Homes for Rent in River Park Place Neighborhood of Elgin, IL from $1,200 (2 Rentals)

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Search the lowest-cost Homes available for rent right now in the River Park Place area of Elgin.

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

River Park Place, Elgin, IL Local Guide

Best Value Apartments for Rent in River Park Place, IL

As of April 16, 2025 the best value apartment in the River Park Place area is the $2.32 price per square foot 1Bed/1Bath Model at Fountain Square in the in the Beacon Pointe neighborhood starting from $1,900. The second greatest value River Park Place apartment is the 879 Jefferson Ave Model at 879 Jefferson Ave, Unit 1 starting at $1,200 with a $1.50 price per square foot in the Beacon Pointe neighborhood. Here is today’s list of the best values for River Park Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fountain Square1Bed/1Bath1BR,1BA$2.32
879 Jefferson Ave, Unit 1879 Jefferson Ave1BR,1BA$1.50
Blackhawk Apartment HomesOne Bedroom - 598 sqft1BR,1BA$2.17

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Frequently Asked Questions about River Park Place

What type of rentals are currently available in River Park Place?

There are currently 63 Apartments for Rent in River Park Place, IL with pricing that ranges from $826 to $3,500. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in River Park Place ranging from $1,250 to $3,900.

What is the current price range for Rental Homes in River Park Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in River Park Place ranges from $1,250 to $3,900 with an average monthly rent of $1,956.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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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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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.