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


27 S Roselle Rd

Beech Pointe 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.

ReNew Des Plaines North

Rose Glen Senior

Colonial Village

ReNew Des Plaines North & South

The Eclipse at 1450
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.
Elk Grove Village, IL Local Guide

How much does it cost to rent an apartment in Elk Grove Village?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Elk Grove Village Studio Apartments | $1,671 | $1,170 | $2,280 |
Cheap Elk Grove Village 1 Bedroom Apartments | $1,840 | $1,153 | $3,306 |
Cheap Elk Grove Village 2 Bedroom Apartments | $2,337 | $1,430 | $4,059 |
Cheap Elk Grove Village 3 Bedroom Apartments | $2,734 | $1,890 | $4,401 |
Browse Top Apartments in Elk Grove Village
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Elk Grove Village, IL Local Guide

- Elk Grove Village Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Elk Grove Village Apartments for Rent
 The cheapest available apartment rental in Elk Grove Village, IL is a 1 Bed unit found at Colonial Village in the Far Northwest Suburban Cook neighborhood priced from $1,355. The Eclipse at 1450 in the Downtown Mount Prospect neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,372. Here is today’s list of the most affordable Elk Grove Village apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Colonial Village | One Bedroom, Standard | 1BR,1BA | $1,355 |
The Eclipse at 1450 | Willow | 1BR,1BA | $1,372 |
Orion ParkView | Monroe | 1BR,1BA | $1,446 |
Willow Crossing Apartments | Lily | 1BR,1BA | $1,468 |
Mount Prospect Greens | 1x1BP - Partial Renovated Arlington | 1BR,1BA | $1,489 |
Best Value Apartments for Rent in Elk Grove Village, IL
As of June 26, 2025 the best value apartment in the Elk Grove Village area is the $1.75 price per square foot 2BR/2.0BA Model at Roselle Station Apartments in the starting from $2,318. The second greatest value Elk Grove Village apartment is the Lincoln - Renovated Model at Orion Arlington Lakes starting at $1,978 with a $1.87 price per square foot in the Downtown Mount Prospect neighborhood. Here is today’s list of the best values for Elk Grove Village apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Roselle Station Apartments | 2BR/2.0BA | 2BR,2BA | $1.75 |
Orion Arlington Lakes | Lincoln - Renovated | 1BR,1BA | $1.87 |
ReNew Des Plaines North & South | Des Plaines South - 2x2 | 2BR,2BA | $1.76 |
A&K Luxury Apartments | 1B/1B w/Dining or Home Office | 1BR,1BA | $1.86 |
Medinah Terrace Apartments | 2 Bed 2 Bath Renovated Level 2 | 2BR,2BA | $2.04 |
The Eagles | 1x1 deluxe | 1BR,1BA | $1.92 |
Marshall Place | 1BR/1.0BA | 1BR,1BA | $1.94 |
Colonial Village | One Bedroom, Standard | 1BR,1BA | $1.72 |
The Eclipse at 1450 | Willow | 1BR,1BA | $1.95 |
Willow Crossing Apartments | Lily | 1BR,1BA | $2.10 |
Quick Rent Budget Calculator
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Elk Grove Village Overview
Boasting a tagline of 'The exceptional Community', Elk Grove Village is a charming locale located in the heart of the Chicago metropolitan area. Equal parts relaxed bedroom community and on-the-move area of growth, Elk Grove Village effortlessly combines natural wonder with the big city amenities that urban Illinois is known for.
Why live in Elk Grove Village, IL?
Elk Grove Village is a city with a firm sense of community and a proud history, making it an ideal place to work and raise a family. Close enough to the opportunities of Chicago while still maintaining a natural beauty and 'village' feel, this is an Illinois hot spot well worthy of your consideration.
Best Local Schools in Elk Grove Village, IL
Ridge Family Center For Learning
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elk Grove Village, IL Rentals by Map
See the most popular apartments and homes in Elk Grove Village, IL
Getting Around Elk Grove Village, IL
Walk Score®
39 / 100
Car-Dependent
Most errands require a car
Bike Score®
46 / 100
Somewhat Bikeable
Minimal 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 Elk Grove Village Apartments
What is the Cheapest Studio apartment in Elk Grove Village?
Currently the most affordable Cheap Studio Apartment in Elk Grove Village is at Metro 19 Apartments listed at $1,773.
How much is rent for a Cheap One Bedroom Elk Grove Village Apartment?
The lowest price for a Cheap One Bedroom Elk Grove Village Apartment is $1,355 at Colonial Village.
What is the lowest price for a Cheap Two Bedroom Elk Grove Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elk Grove Village is starting from $1,546 at The Element.
What is the most affordable Elk Grove Village Three Bedroom Apartment?
The best deal on a cheap Elk Grove Village Three Bedroom Apartment rental is at Colonial Village and starts from $1,915.
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.