Cheap Homes for Rent in South Elgin, IL from $1,200 (16 Rentals)

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South Elgin, IL Local Guide

Cheapest Available South Elgin Apartments for Rent

 

The cheapest available apartment rental in South Elgin, IL is a Studio unit found at Royal Ridge Apartments in the West Ridge Village neighborhood priced from $1,125. Springs At South Elgin in the Valley View neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,592. Here is today’s list of the most affordable South Elgin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Royal Ridge ApartmentsStudioStudio,1BA$1,125
Springs At South ElginStudio Grand OverlookStudio,1BA$1,592
Fountain Square1Bed/1Bath1BR,1BA$1,900
1990 Larkin Ave, Elgin, IL 601232 bed/2 bath2BR,2BA$2,100

Best Value Apartments for Rent in South Elgin, IL

As of April 13, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1990 Larkin Ave, Elgin, IL 601232 bed/2 bath2BR,2BA$1.75
569 Dean Dr, Unit 4569 Dean Dr2BR,1BA$2.27
Fountain Square1Bed/1Bath1BR,1BA$2.32
Springs At South ElginStudio Grand OverlookStudio ,1BA$2.56
Royal Ridge ApartmentsStudioStudio ,1BA$2.25

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Frequently Asked Questions about South Elgin

What type of rentals are currently available in South Elgin?

There are currently 123 Apartments for Rent in South Elgin, IL with pricing that ranges from $826 to $3,500. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Elgin ranging from $1,250 to $6,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Elgin ranges from $1,250 to $6,500 with an average monthly rent of $3,106.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in South Elgin range from $2,000 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $5,950. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,599.

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.