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Cheap Apartments for Rent in Elgin IL - 322 Rentals

Elgin, IL Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments and affordable rent in Elgin. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that apartment size and upscale amenities are not as important to you. On the other hand, if you value space, access to community amenities, or high-end appliances, you may be willing to move farther out from Elgin hot spots where you can afford more apartment for less.

How to Find a Cheap Apartment in Elgin, IL

Rent in the city center tends to be more expensive. Try looking for budget-friendly apartments in neighborhoods farther from downtown. These areas offer mid-range prices and can still be close enough to everything you need. Try looking for areas of Elgin that might have more available rental units than others. In places with higher vacancy rates, landlords may be more likely to offer cheaper rent to fill the space.

When Are Apartments in Elgin, IL Cheapest?

If you want to find cheap rent in Elgin, timing can make a big difference. Apartments are usually cheaper during the off-season, typically December through March. During this time, fewer people are looking to move, so landlords are often more willing to offer lower rent to fill empty units. Another good time to search is at the end of the month when leases are up, and landlords want to fill vacancies quickly.

Cheap apartments in Elgin tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.


Elgin, IL Rental Insights

Average Rent Rates

What is the average rent in Elgin, IL?

The average rent in Elgin is $1,324. When you rent an apartment in Elgin, you can expect to pay as little as $1,043 or as much as $2,127, depending on the location and the size of the apartment.

What is the average rent of a Studio apartment in Elgin, IL?

The average rent for a studio apartment in Elgin, IL is $1,043 per month.

What is the average rent of a 1 bedroom apartment in Elgin, IL?

The average rent for a one bedroom apartment in Elgin, IL is $1,325 per month.

What is the average rent of a 2 bedroom apartment in Elgin, IL?

The average rent for a two bedroom apartment in Elgin, IL is $1,633 per month.

What is the average rent of a 3 bedroom apartment in Elgin, IL?

The average rent for a three bedroom apartment in Elgin, IL is $2,127 per month.

Transportation

How transit friendly is Elgin, IL?

Transit options in Elgin vary, but overall, it has a transit score of 27.

Education

What are the top Elementary schools in Elgin, IL?

In Elgin, you’ll find top-ranking elementary schools like Country Trails Elementary, Prairie View Grade School, and Otter Creek Elementary School.

What are the top middle schools in Elgin, IL?

Elgin is home to some top-ranking middle schools, including Prairie Knolls Middle School, Ellis Middle School, and Larsen Middle School.

What are the top high schools in Elgin, IL?

Moving is tough for high school students! Look for Elgin apartments near top-ranking high schools like Elgin High School and Larkin High School.

What colleges and universities are in Elgin, IL?

If you’re a student moving to an apartment in Elgin, you’ll have access to Elgin Community College, Roosevelt Univ., Schaumburg, and Harper College.

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