Cheap Apartments for Rent in South Elgin, IL

24 rentals

Apartments For Rent Near South Elgin, IL

We found 8 more apartments matching your filters just outside South Elgin

Average Rent Trends in South Elgin, IL

Rent in South Elgin, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Nov 2025$1,925
Dec 2025$2,100
Jan 2026$2,050
Feb 2026$2,466
Mar 2026$2,100
Apr 2026$2,100
May 2026$2,495
Jun 2026$2,000
Jul 2026$2,400
Aug 2026$2,875
Sep 2026$2,800
Oct 2026$2,800
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,700$1,950$2,875$3,925$2,694
Townhomes——$2,900—$2,900
Apartments and Condos$1,300$1,950$2,800$2,500$1,900
Houses—$2,650$2,800$3,925$3,149
See more information about local market trends in South Elgin, IL

Frequently Asked Questions about Rentals in South Elgin, IL

  • What is the average rent of an apartment in South Elgin, IL?
    The average rent of an apartment in South Elgin, IL is $1,987 per month. This is about 3% higher than the national average.
  • What are the cheapest months to find an apartment to rent in South Elgin, IL?
    Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $1,750 per month.
  • How many cheap apartments are available in South Elgin, IL?
    There are 14 apartments to rent that are cheaper than the city’s average rent of $2,694.
  • When is the average rent most expensive in South Elgin, IL?
    In the last year, the average rent in South Elgin, IL was highest in Feb 2025 when it was $2,700 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in South Elgin, IL?
    The average rent of a 1 bedroom apartment in South Elgin, IL is $1,700 per month. That is about $81 less than the cost of a studio apartment.
  • What are some zip codes in South Elgin, IL?
    South Elgin, IL includes zip codes such as: 60177.
  • What are some cities near South Elgin, IL?
    Some nearby cities include: Elgin, Wayne, Saint Charles, Bartlett, Campton Hills. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en South Elgin, IL - 52 Rentas | Trulia