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2 Bedroom Apartments in Elgin Under $3,500
15 2 bedroom apartments available in Elgin under $3,500. Median rent $2,435. Live prices and availability.
$2,435
Median rent
$2,199
Cheapest
Available now
$2,199
2BR · 1226sf
Watermark at the Grove #A205
Elgin
$2,199
2BR · 1132sf
Watermark at the Grove #D306
Elgin
$2,199
2BR · 1115sf
Watermark at the Grove #C109
Elgin
$2,295
2BR · 1278sf
Watermark at the Grove #A120
Elgin
$2,299
2BR · 1278sf
Watermark at the Grove #C120
Elgin
$2,399
2BR · 1280sf
Watermark at the Grove #B107
Elgin
$2,435
2BR · 1280sf
Watermark at the Grove #A207
Elgin
$2,435
2BR · 1280sf
Watermark at the Grove #C108
Elgin
$2,465
2BR · 1293sf
Watermark at the Grove #B101
Elgin
$2,465
2BR · 1280sf
Watermark at the Grove #C207
Elgin
$2,495
2BR · 1279sf
Watermark at the Grove #A107
Elgin
$2,499
2BR · 1293sf
Watermark at the Grove #C101
Elgin
$2,559
2BR · 1383sf
Watermark at the Grove #E107
Elgin
$2,650
2BR · 1226sf
Watermark at the Grove #B205
Elgin
$2,745
2BR · 1280sf
Watermark at the Grove #A320
Elgin
Top buildings for this search
- Watermark at the Grove$2,199–$2,745
Frequently asked
What's the cheapest 2 bedroom in Elgin under $3,500 right now?
Watermark at the Grove #A205 at $2,199/month, 1226 square feet. Located at 2511 Watermark Terrace.
How many 2 bedroom apartments are available in Elgin under $3,500?
2 bedroom apartments are currently listed in Elgin under $3,500. Median rent is $2,435.
Which buildings in Elgin offer 2 bedroom apartments?
Top buildings by current inventory: Watermark at the Grove.
Is $3,500 a realistic budget for 2 bedroom in Elgin?
Yes. The median rent at this size in Elgin is $2,435, so a $3,500 ceiling sits $1,065 above the median and leaves room to choose.
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Updated September 20, 2026 at 5:59 PM CDT. No paid placement.