Cheap Apartments for Rent in South Elgin, IL from $700 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in South Elgin.

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Regency Apartments
Studio to 3 Bedroom Apartments

Regency Apartments

230 S State StElgin, IL 60123
  • Utilities Included
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River West Commons
Studio to 2 Bedroom Apartments

River West Commons

719 W Highland AveElgin, IL 60123
  • Utilities Included
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Roseanne Apartments
1 Bedroom Apartments

Roseanne Apartments

401 E Chicago StElgin, IL 60120
  • Utilities Included

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

South Elgin, IL Local Guide

Cheapest Available South Elgin Apartments for Rent

 

The cheapest available apartment rental in South Elgin, IL is a 1 Bed unit found at Westwind Tower in the Southeast Elgin Cook neighborhood priced from $1,064. Royal Ridge Apartments in the West Ridge Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here is today’s list of the most affordable South Elgin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westwind TowerSTUDIO1BR,1BA$1,064
Royal Ridge ApartmentsStudioStudio,1BA$1,125
39 Surrey Dr869 Jefferson2BR,1BA$1,400

Best Value Apartments for Rent in South Elgin, IL

As of March 27, 2025 the best value apartment in the South Elgin area is the $1.75 price per square foot 2 bed/2 bath Model at 1990 Larkin Ave, Elgin, IL 60123 in the in the West Ridge Village neighborhood starting from $2,100. The second greatest value South Elgin apartment is the The Sienna Model at Panton Mill Station starting at $2,012 with a $1.90 price per square foot in the Valley View neighborhood. Here is today’s list of the best values for South Elgin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1990 Larkin Ave, Elgin, IL 601232 bed/2 bath2BR,2BA$1.75
Panton Mill StationThe Sienna2BR,2BA$1.90
39 Surrey Dr869 Jefferson2BR,1BA$1.65
Fountain Square1Bed/1Bath1BR,1BA$2.32
Springs At South ElginStudio Grand OverlookStudio ,1BA$2.54
Royal Ridge ApartmentsStudioStudio ,1BA$2.25
Westwind TowerSTUDIO1BR,1BA$3.11

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Getting Around South Elgin, IL

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap South Elgin Apartments

What is the Cheapest Studio apartment in South Elgin?

Currently the most affordable Cheap Studio Apartment in South Elgin is at Royal Ridge Apartments listed at $1,125.

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

The lowest price for a Cheap One Bedroom South Elgin Apartment is $1,064 at Westwind Tower.

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

Today's best deal for a Cheap Two Bedroom Apartment in South Elgin is starting from $1,400 at 39 Surrey Dr.

What is the most affordable South Elgin Three Bedroom Apartment?

The best deal on a cheap South Elgin Three Bedroom Apartment rental is at Fountain Square and starts from $3,100.

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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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.