
Cheap Homes for Rent in Buffalo Grove, IL from $1,300 (26 Rentals)
Search the lowest-cost Homes available for rent right now in Buffalo Grove.


1851 N Green Ln N

3 Villa Verde Dr

2407 Randall Ln

1321 E Ports O Call Dr

1100 E Randville Dr
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.

915 Westmoreland Dr

639 Trace Dr

1348 Geneva Dr

869 Trace Dr, Unit 101, Unit 101

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

1326 N Shadow Lake Ter
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.

377 Farmingdale Cir

820 N Lakeside Dr

1374 E Wyndham Cir, Unit 202, Unit 202

1285 Wyndham Ln

442 Thornhill Ln, Unit C2, Unit C2

1609 N Windsor Dr
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.

254 E Wayne Pl

573 Greystone Ln, Unit D2, Unit D2

Furnished Studio-Chicago - Vernon Hills - Lake Forest

209 W Ct of Shorewood

2215 Nichols Rd

1550 Sandpebble Dr
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

856 E Capri Dr

249 W Court of Shorewood, Unit 1B, Unit 1B
Buffalo Grove, IL Local Guide

How much does it cost to rent a home in Buffalo Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Buffalo Grove 2 Bedroom Homes for Rent | $2,167 | $1,525 | $2,800 |
| Buffalo Grove 3 Bedroom Homes for Rent | $3,019 | $1,350 | $5,900 |
| Buffalo Grove 4 Bedroom Homes for Rent | $4,562 | $3,100 | $7,500 |
| Buffalo Grove 5 Bedroom Homes for Rent | $5,850 | $5,500 | $6,200 |
| Buffalo Grove 6 Bedroom Homes for Rent | $6,800 | $6,800 | $6,800 |
Browse Top Homes for Rent in Buffalo Grove
Explore Buffalo Grove
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 1 Bed unit found at Hunt Club Apartments in the Milwaukee Avenue neighborhood priced from $1,350. Park Butterfield Apartments in the South Vernon Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,453. Here is today’s list of the most affordable Buffalo Grove apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunt Club Apartments | Ash (1 Bed U) | 1BR,1BA | $1,350 |
| Park Butterfield Apartments | Studio Floor Plan S1 | Studio,1BA | $1,453 |
| Foxboro Apartments | Astor | 1BR,1BA | $1,565 |
| Arrowhead Apartments | A1 | 1BR,1BA | $1,595 |
| Circle Hill Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1,600 |
| Arbor Lakes | 1 Bedroom Floor Plan A1 | 1BR,1BA | $1,650 |
| Stonebridge of Arlington Heights | 1x1 A | 1BR,1BA | $1,659 |
| ReNew Lake Arlington | 1x1B | 1BR,1BA | $1,669 |
| Pebbleshire Apartments | One Bedroom- Laminate | 1BR,1BA | $1,675 |
Best Value Apartments for Rent in Buffalo Grove, IL
As of April 28, 2026 the best value apartment in the Buffalo Grove area is the $1.50 price per square foot 826 E Capri Dr Model at 826 E Capri Dr, Unit 826 #2 in the in the Cherrybrook Village neighborhood starting from $2,250. The second greatest value Buffalo Grove apartment is the 3 Bedroom Model at Union Apartments starting at $2,200 with a $1.80 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. |
|---|---|---|---|
| 826 E Capri Dr, Unit 826 #2 | 826 E Capri Dr | 3BR,1.5BA | $1.50 |
| Union Apartments | 3 Bedroom | 3BR,2BA | $1.80 |
| ReNew Lake Arlington | 2x1.5 | 2BR,1.5BA | $1.98 |
| 1525 Norway Ln, Unit 3b | 1525 Norway Ln | 2BR,1BA | $1.65 |
| Mallard Lake | Superior | 2BR,2BA | $1.92 |
| Emerald Pointe Apartments | 2 Bedroom 1 Bath (954 sq ft) | 2BR,1BA | $1.91 |
| Hunt Club Apartments | Birch (2 Bed U) | 2BR,1BA | $1.68 |
| Mandalane | 2D | 2BR,2BA | $2.03 |
| Circle Hill Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.84 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $2.01 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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
Buffalo Grove High School
Cooper Middle 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 Buffalo Grove
What type of rentals are currently available in Buffalo Grove?
There are currently 248 Apartments for Rent in Buffalo Grove, IL with pricing that ranges from $1,350 to $17,594. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Buffalo Grove ranging from $1,350 to $7,500.
What is the current price range for Rental Homes in Buffalo Grove?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Buffalo Grove ranges from $1,350 to $7,500 with an average monthly rent of $4,016.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.