Cheap Apartments for Rent in Elgin, TN from $500 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Cheap Apartments in Elgin.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
close
View Me
Magnolia Terrace
1 Bedroom Apartments

Magnolia Terrace

222 Broad StJellico, TN 37762
Senior Living
  • Utilities Included

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.

Read Article
Showing Results 1-19, Page 1 of 1

Elgin, TN Local Guide

Cheapest Available Elgin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elgin, TN is a 1 Bed unit found at Mason Greene priced from $548. Hillview Terrace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Elgin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mason Greene1 Bedroom Apartment1BR,1BA$548
Hillview Terrace Apartments1-bedroom1BR,1BA$850
Teller Village Apartments2 Bedroom2BR,2BA$1,029
Kenridge ApartmentsA11BR,1BA$1,100
Forest Ridge ApartmentsThe Autumnwood2BR,1BA$1,315

Best Value Apartments for Rent in Elgin, TN and Nearby

As of May 09, 2025 the best value apartment in the Elgin area is the $1.24 price per square foot 4 Bedroom Home Model at Windermere Trails / TN Hardin Valley, LLC in the in the West Knoxville neighborhood starting from $2,695. The second greatest value Elgin apartment is the 3 Bedroom Home Model at Amber Vista - Brand New Homes starting at $2,650 with a $1.26 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.
Windermere Trails / TN Hardin Valley, LLC4 Bedroom Home4BR,2.5BA$1.24
Amber Vista - Brand New Homes3 Bedroom Home3BR,2BA$1.26
Townhouse Row at GreystoneHadley3BR,2.5BA$1.41
The Summit TownhomesAltamont3BR,2.5BA$1.47
Residences at DevanshireSingle Family Home Three Bedroom Two Bathroom3BR,2BA$1.48
Greystone VistaHorizon - D2BR,2BA$1.48
Lovell Crossing Apartments2x2 11182BR,2BA$1.46
Teller Village Apartments2 Bedroom2BR,2BA$1.11
Mason Greene3 Bedroom Townhouse3BR,1.5BA$1.09
Hillview Terrace Apartments1-bedroom1BR,1BA$1.13

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elgin, TN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Elgin, TN

View MapElgin, TN Apartments MapView MapElgin, TN Rental Homes Map

Frequently Asked Questions about Cheap Elgin Apartments

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

The lowest price for a Cheap One Bedroom Elgin Apartment is $548 at Mason Greene.

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 $1,029 at Teller Village Apartments.

What is the most affordable Elgin Three Bedroom Apartment?

The best deal on a cheap Elgin Three Bedroom Apartment rental is at Mason Greene and starts from $869.

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 The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.