Cheap Homes for Rent in Elgin, TN from $700 (8 Rentals)

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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 Hillview Terrace Apartments priced from $850. The Bunkers at Oak Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Elgin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillview Terrace Apartments1-bedroom1BR,1BA$850
The Bunkers at Oak RidgeOne Bedroom - One Bath1BR,1BA$900
Waters Edge Apartment HomesOne Bedroom1BR,1BA$995

Best Value Apartments for Rent in Elgin, TN and Nearby

As of March 25, 2025 the best value apartment in the Elgin area is the $1.13 price per square foot 11300 Sheldon Chase Ln Model at 11300 Sheldon Chase Ln in the in the West Knoxville neighborhood starting from $3,265. The second greatest value Elgin apartment is the Single Family Home Model at Windermere Trails starting at $2,565 with a $1.18 price per square foot in the West Knoxville neighborhood. 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.
11300 Sheldon Chase Ln11300 Sheldon Chase Ln4BR,3BA$1.13
Windermere TrailsSingle Family Home4BR,2.5BA$1.18
Amber Vista - Brand New Homes3 Bedroom Home3BR,2BA$1.26
Bent BranchTownhome3BR,3BA$1.43
Residences at DevanshireSingle Family Home Three Bedroom Two Bathroom3BR,2BA$1.35
Royce Hill- Income Restrictions ApplyThree Bedroom3BR,2BA$0.92
Teller Village Apartments2 Bedroom2BR,2BA$1.11
Willow Run ApartmentsNEW 1BR1BR,1BA$1.39
Hillview Terrace Apartments1-bedroom1BR,1BA$1.13
Waters Edge Apartment HomesOne Bedroom1BR,1BA$1.33

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Frequently Asked Questions about Elgin

What type of rentals are currently available in Elgin?

There are currently 43 Apartments for Rent in Elgin, TN with pricing that ranges from $767 to $5,990. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elgin ranging from $700 to $3,750.

What is the current price range for Rental Homes in Elgin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elgin ranges from $700 to $3,750 with an average monthly rent of $2,066.

How much are larger Three and Four Bedroom Rentals in Elgin?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Elgin range from $1,029 to $5,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,320 and Four Bedroom Apartments start at $2,085.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.