Cheap Apartments for Rent in Buffalo Grove, IL from $800 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Buffalo Grove.

V.I.P. Apartments

Park Butterfield Apartments

Williams Reserve

Circle Hill Apartments
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.

Union Apartments

Waterford Place Apartments

Pebbleshire Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $2,010 | $1,200 | $3,082 |
Cheap Buffalo Grove 1 Bedroom Apartments | $2,198 | $1,500 | $6,237 |
Cheap Buffalo Grove 2 Bedroom Apartments | $3,074 | $1,650 | $10,000+ |
Cheap Buffalo Grove 3 Bedroom Apartments | $4,376 | $2,400 | $10,000+ |
Cheap Buffalo Grove 4 Bedroom Apartments | $3,250 | $3,250 | $3,250 |
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Buffalo Grove, IL Local Guide
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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 $1,379. Union Apartments in the McHenry Road neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,522. 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 | $1,379 |
Union Apartments | 2 Bedroom | 2BR,1BA | $1,522 |
Mandalane | 1A | 1BR,1BA | $1,579 |
Williams Reserve | Birch | 1BR,1BA | $1,628 |
Arbor Lakes | 1 Bedroom Floor Plan A1 | 1BR,1BA | $1,636 |
Best Value Apartments for Rent in Buffalo Grove, IL
As of June 23, 2025 the best value apartment in the Buffalo Grove area is the $2.37 price per square foot Superior: Enhanced Model at Mallard Lake in the in the McHenry Road neighborhood starting from $2,365. The second greatest value Buffalo Grove apartment is the Two Bedroom- Remodeled Model at Pebbleshire Apartments starting at $1,750 with a $1.78 price per square foot in the South Vernon Hills 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. |
---|---|---|---|
Mallard Lake | Superior: Enhanced | 2BR,2BA | $2.37 |
Pebbleshire Apartments | Two Bedroom- Remodeled | 2BR,1BA | $1.78 |
Brook Run | Birch | 2BR,1BA | $2.28 |
Union Apartments | 2 Bedroom | 2BR,1BA | $1.69 |
4067 Bonhill Dr, Unit 4067 Bonhill | 4067 Bonhill Dr | 2BR,1BA | $1.83 |
Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $1.96 |
Clover Ridge East Apartments | Ashbury | 1BR,1BA | $2.29 |
Williams Reserve | Mulberry | 1BR,1BA | $2.17 |
Arbor Lakes | 1 Bedroom Floor Plan A1 | 1BR,1BA | $2.18 |
Emerald Pointe Apartments | 1 Bedroom 1 Bath (714 sq ft) | 1BR,1BA | $2.33 |
Quick Rent Budget Calculator
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Best Local Schools in Buffalo Grove, IL
Buffalo Grove High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Buffalo Grove, IL
Walk Score®
51 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
56 / 100
Bikeable
Some bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Buffalo Grove Apartments
What is the Cheapest Studio apartment in Buffalo Grove?
Currently the most affordable Cheap Studio Apartment in Buffalo Grove is at Park Butterfield Apartments listed at $1,363.
How much is rent for a Cheap One Bedroom Buffalo Grove Apartment?
The lowest price for a Cheap One Bedroom Buffalo Grove Apartment is $1,525 at Park Butterfield Apartments.
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 $1,522 at Union 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 444 Social and starts from $3,750.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.