
Cheap Apartments for Rent in Buffalo Grove, IL from $800 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Buffalo Grove.


1411 Johnson Dr

The Green At Chevy Chase Apartments

869 Trace Dr, Unit 101, Unit 101

The Wheatlands Apartments

301 Riverwalk Place

Buffalo Creek Apartments

869 Trace Dr, Unit 104, Unit 104

3 Villa Verde Dr

Windbrooke Crossing
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Hunt Club Apartments

Park Butterfield Apartments

1851 N Green Ln N

Total Monthly Price
1417 E Wyndham Cir, Unit 104, Unit 104

1493 N Winslowe Dr, Unit 1 Bdrm in Palatine, Unit 1 Bdrm in Palatine

Total Monthly Price
865 Westmoreland Dr, Unit 23, Unit 23

Arrowhead Apartments

Circle Hill Apartments

ReNew Lake Arlington

Mandalane
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Arbor Lakes

Pebbleshire Apartments

Emerald Pointe Apartments

Total Monthly Price
1519 N Windsor Dr, Unit 309, Unit 309

1519 N Windsor Dr, Unit #210, Unit #210

Total Monthly Price
Waterford Place Apartments

Williams Reserve

444 Social

Clover Ridge East Apartments

The Pointe Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

One Wheeling Town Center

Arlington Club Apartments

Northgate Crossing of Wheeling

Brook Run

Uptown 500

1452 Carol Ct, Unit Carol Ct 2B, Unit Carol Ct 2B

1374 E Wyndham Cir, Unit 202, Unit 202

442 Thornhill Ln, Unit C2, Unit C2

Rivertrail Apartments

55-77 E Strong St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Palatine Square

Wheeling Manor

Mallard Lake

Arbor Court Apartments

Long Valley Apartments

Country Glen

Court of Birch and Spruce Apartments

Villas By The Lake

Crescent Place

2407 Randall Ln
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!
Buffalo Grove, IL Local Guide

How much does it cost to rent an apartment in Buffalo Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Buffalo Grove Studio Apartments | $1,963 | $1,449 | $3,999 |
| Cheap Buffalo Grove 1 Bedroom Apartments | $1,982 | $1,350 | $3,306 |
| Cheap Buffalo Grove 2 Bedroom Apartments | $2,416 | $1,564 | $4,641 |
| Cheap Buffalo Grove 3 Bedroom Apartments | $4,567 | $2,050 | $10,000+ |
Browse Top Apartments in Buffalo Grove
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Buffalo Grove, IL Local Guide
- Nearby Cities
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Cheapest Available Buffalo Grove Apartments for Rent
 The cheapest available apartment rental in Buffalo Grove, IL is a Studio unit found at Park Butterfield Apartments in the South Vernon Hills neighborhood priced from $1,449. Mallard Lake in the McHenry Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,570. Here is today’s list of the most affordable Buffalo Grove apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Butterfield Apartments | Studio Floor Plan S1 | Studio,1BA | $1,449 |
| Mallard Lake | Geneva | 1BR,1BA | $1,570 |
| Foxboro Apartments | Astor | 1BR,1BA | $1,582 |
| Arrowhead Apartments | A1 | 1BR,1BA | $1,595 |
| Hunt Club Apartments | Birch (2 Bed M) | 2BR,1BA | $1,600 |
| Circle Hill Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1,600 |
| ReNew Lake Arlington | 1x1B | 1BR,1BA | $1,619 |
| Stonebridge of Arlington Heights | 1x1 A | 1BR,1BA | $1,629 |
Best Value Apartments for Rent in Buffalo Grove, IL
As of May 08, 2026 the best value apartment in the Buffalo Grove area is the $1.80 price per square foot 3 Bedroom Model at Union Apartments in the in the McHenry Road neighborhood starting from $2,200. The second greatest value Buffalo Grove apartment is the 2x1.5 Model at ReNew Lake Arlington starting at $2,019 with a $1.92 price per square foot in the McHenry Road neighborhood. Here is today’s list of the best values for Buffalo Grove apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Union Apartments | 3 Bedroom | 3BR,2BA | $1.80 |
| ReNew Lake Arlington | 2x1.5 | 2BR,1.5BA | $1.92 |
| Emerald Pointe Apartments | 2 Bedroom 1 Bath (984 sq ft) | 2BR,1BA | $1.90 |
| 865 Westmoreland Dr, Unit 23 | 865 Westmoreland Dr | 1BR,1BA | $1.69 |
| 1519 N Windsor Dr, Unit 309 | 1519 N Windsor Dr | 1BR,1BA | $1.89 |
| Circle Hill Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.84 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $2.00 |
| Mallard Lake | Geneva | 1BR,1BA | $1.96 |
| Pebbleshire Apartments | One Bedroom- Laminate | 1BR,1BA | $2.13 |
| Arbor Lakes | 1 Bedroom Floor Plan A1 | 1BR,1BA | $2.20 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Buffalo Grove, IL
Tripp School
Buffalo Grove High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Buffalo Grove, IL Rentals by Map
See the most popular apartments and homes in Buffalo Grove, IL
Frequently Asked Questions about Cheap Buffalo Grove Apartments
How much is rent for a Cheap One Bedroom Buffalo Grove Apartment?
The lowest price for a Cheap One Bedroom Buffalo Grove Apartment is $1,570 at Mallard Lake.
What is the lowest price for a Cheap Two Bedroom Buffalo Grove Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Buffalo Grove is starting from $1,564 at Park Butterfield Apartments.
What is the most affordable Buffalo Grove Three Bedroom Apartment?
The best deal on a cheap Buffalo Grove Three Bedroom Apartment rental is at Union Apartments and starts from $2,200.
Expert Rental Resources
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.