Cheap Apartments for Rent in Elkhart, IL from $500 (35 Rentals)

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Pine Woods Apartments
1 to 3 Bedroom Apartments

Pine Woods Apartments

1665 Seven Pines RdSpringfield, IL 62704
  • Utilities Included
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Butler Place
2 Bedroom Apartments

Butler Place

3100 Butler StSpringfield, IL 62703
  • Utilities Included
Showing Results 1-35, Page 1 of 1

Elkhart, IL Local Guide

Cheapest Available Elkhart Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elkhart, IL is a 1 Bed unit found at Denison Place in the Downtown Springfield neighborhood priced from $675. Whispering Pines in the Downtown Springfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Elkhart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Denison PlaceOne Bedroom1BR,1BA$675
Whispering Pines1bed Upgraded1BR,1BA$725
Cobblestone ApartmentsCobblestone 1BD1BR,1BA$750
The Hickcox CollectionThe HickoxStudio,1BA$775
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$799
106 S 4th St2 bedroom2BR,1BA$825
Lake Pointe ApartmentsOne Bedroom1BR,1BA$830
Safe Harbor Properties1st Floor Level1BR,1BA$845
Butler Place2 Beds, 1 Baths2BR,1BA$850
Ravenwood TownhomesTownhome2BR,1BA$875

Best Value Apartments for Rent in Elkhart, IL and Nearby

As of March 22, 2025 the best value apartment in the Elkhart area is the $1.13 price per square foot CP Townhome 2BR Model at Cobblestone Place in the starting from $1,795. The second greatest value Elkhart apartment is the 3 Bedroom Model at Ash Grove starting at $1,395 with a $1.04 price per square foot . Here is today’s list of the best values for Elkhart apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cobblestone PlaceCP Townhome 2BR2BR,2.5BA$1.13
Ash Grove3 Bedroom3BR,2BA$1.04
Prairie Vista2 Bedroom 2 Bath2BR,2BA$0.92
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
Huntington Ridge ApartmentsTwo Bedroom2BR,1BA$1.13
Denison PlaceOne Bedroom1BR,1BA$0.84
CandlesA11BR,1BA$1.10
Butler Place2 Beds, 1 Baths2BR,1BA$1.06
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.06
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07

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Getting Around Elkhart, IL

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Elkhart Apartments

What is the Cheapest Studio apartment in Elkhart?

Currently the most affordable Cheap Studio Apartment in Elkhart is at The Hickcox Collection listed at $775.

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

The lowest price for a Cheap One Bedroom Elkhart Apartment is $675 at Denison Place.

What is the lowest price for a Cheap Two Bedroom Elkhart Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elkhart is starting from $800 at Whispering Pines.

What is the most affordable Elkhart Three Bedroom Apartment?

The best deal on a cheap Elkhart Three Bedroom Apartment rental is at Candles and starts from $1,081.

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

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.