
Cheap Apartments for Rent in South Elgin, IL from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in South Elgin.


River's Landing Apartments
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Royal Ridge Apartments
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Chicago's Best Affordable Neighborhoods
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South Elgin, IL Local Guide

How much does it cost to rent an apartment in South Elgin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Elgin Studio Apartments | $1,436 | $1,025 | $1,695 |
South Elgin 1 Bedroom Apartments | $1,896 | $826 | $2,519 |
South Elgin 2 Bedroom Apartments | $2,276 | $967 | $3,198 |
South Elgin 3 Bedroom Apartments | $3,006 | $2,775 | $3,500 |
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South Elgin, IL Local Guide
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Cheapest Available South Elgin Apartments for Rent and Nearby
 The cheapest available apartment rental in South Elgin, IL is a Studio unit found at River's Landing Apartments in the Beacon Pointe neighborhood priced from $1,025. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
River's Landing Apartments | Studio Unit - 440 sq ft | Studio,1BA | $1,025 |
Royal Ridge Apartments | Studio | Studio,1BA | $1,125 |
39 Surrey Dr | 39 Surrey | Studio,1BA | $1,175 |
Best Value Apartments for Rent in South Elgin, IL and Nearby
As of May 11, 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 569 Dean Dr Model at 569 Dean Dr, Unit 4 starting at $1,950 with a $2.27 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1990 Larkin Ave, Elgin, IL 60123 | 2 bed/2 bath | 2BR,2BA | $1.75 |
569 Dean Dr, Unit 4 | 569 Dean Dr | 2BR,1BA | $2.27 |
Springs At South Elgin | 1 BR Designer Overlook | 1BR,1BA | $2.22 |
Fountain Square | 1Bed/1Bath | 1BR,1BA | $2.32 |
Panton Mill Station | The Linden | 1BR,1BA | $2.40 |
39 Surrey Dr | 39 Surrey | Studio ,1BA | $1.88 |
River's Landing Apartments | Studio Unit - 440 sq ft | Studio ,1BA | $1.78 |
Royal Ridge Apartments | Studio | Studio ,1BA | $2.25 |
Quick Rent Budget Calculator
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Best Local Schools in South Elgin, IL
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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
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 South Elgin Apartments
What is the Cheapest Studio apartment in South Elgin?
Currently the most affordable Cheap Studio Apartment in South Elgin is at River's Landing Apartments listed at $1,025.
How much is rent for a Cheap One Bedroom South Elgin Apartment?
The lowest price for a Cheap One Bedroom South Elgin Apartment is $1,839 at Panton Mill Station.
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 $2,100 at 1990 Larkin Ave, Elgin, IL 60123.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.