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Studio Apartment for Rent in Elgin, TX

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    Starting at $880 Per Month

    • Studio

    405 N Highway 95, Elgin, TX 78621

    WE WILL HAVE A SMALL STUDIO AVAILABLE IN LATE SEPTEMBER OR EARLY OCTOBER. This lovely rental was recently updated with tile countertops in the kitchen and bathroom and a tiled shower. Wall to wall tiled floors, large windows, ceiling fan in the bedroom. Full kitchen includes dishwasher. Contact us through this site if you are interested. The current tenant will be leaving at the end of

    Parkview Apartments

    405 N Highway 95, Elgin, TX 78621

Why Live in Elgin

Elgin, Texas, located about 22 miles east of Austin, is a small city known as the "Brick Capital of the Southwest." Originally a farming community, Elgin has experienced a resurgence with new businesses, schools, and parks revitalizing its historic downtown. The downtown area, a National Register Historic District, features preserved red brick buildings and hosts community events like the Hogeye Festival, which celebrates local barbecue and sausage-making traditions. Elgin's housing options include historic downtown properties, remote farmhouses, and new subdivisions offering single-family homes. The city's parks and recreation department manages 120 acres of parkland, with recent improvements at Veterans Memorial Park adding green space and amenities like a playground and zipline. While Elgin's crime rates have fluctuated, recent efforts by the police department aim to enhance safety. The city is car-dependent, with highways providing routes across Central Texas, though public transportation options are limited. Environmental considerations include risks from tornadoes, flash floods, and wildfires due to its location in the Blackland Prairie. Despite these challenges, Elgin continues to grow, supported by its proximity to major employers and ongoing investments in community infrastructure.

Frequently Asked Questions

How much does it cost to rent a home in Elgin, TX?
The median rent for a home in Elgin, TX is $1,995 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Elgin, TX?
To comfortably afford the median rent in Elgin, TX, a household needs to earn roughly $79,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,995 per month in Elgin, TX, renters typically need to show $5,985 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Elgin, TX?
In Elgin, TX, the price-to-rent ratio is 12.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,995
Median Single Family Home Rent
$1,860
Median Townhouse Rent
$1,400
Median Condo Rent
$1,150
How to Rent a Home