Cheap Apartments for Rent in Elk Grove Village, IL from $800 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elk Grove Village.

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Orion Elk Grove
1 to 2 Bedroom Apartments

Orion Elk Grove

991 Charlela LnElk Grove Village, IL 60007
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Victoria Hills
1 Bedroom Apartments

Victoria Hills

1854 S Phillip DrMount Prospect, IL 60056
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Mansard Lane Apartments
2 Bedroom Apartments

Mansard Lane Apartments

1713-1725 W Mansard LnMount Prospect, IL 60056
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Shady Way
1 Bedroom Apartments

Shady Way

920 E Shady WayArlington Heights, IL 60005
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1709 W Victoria Dr
1 to 2 Bedroom Apartments

1709 W Victoria Dr

1709 W Victoria DrMount Prospect, IL 60056
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Brownstone Court
1 to 2 Bedroom Apartments

Brownstone Court

1474-1484 S Brownstone CtMount Prospect, IL 60056
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Windsor Courts
1 to 2 Bedroom Apartments

Windsor Courts

519 Dempster StMount Prospect, IL 60056
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637 W Pickwick Ct
2 Bedroom Apartments

637 W Pickwick Ct

637 W Pickwick CtMount Prospect, IL 60056
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Elk Grove Village, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

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 Orion Prospect in the Bristol Park neighborhood priced from $1,282. Beech Pointe Apartments in the Far Northwest Suburban Cook neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. Here is today’s list of the most affordable Elk Grove Village apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Orion ProspectKenwood1BR,1BA$1,282
Beech Pointe Apartments1BPStudio,1BA$1,325
The Eclipse at 1450Willow1BR,1BA$1,349
Forest Cove Apartments1 Bedroom Floor Plan A21BR,1BA$1,426
The Grove at Schaumburg ApartmentsPoppy1BR,1BA$1,430

Best Value Apartments for Rent in Elk Grove Village, IL

As of October 31, 2025 the best value apartment in the Elk Grove Village area is the $1.84 price per square foot 2BR/2.0BA Model at Roselle Station Apartments in the starting from $2,443. The second greatest value Elk Grove Village apartment is the 3c-108 Model at Huntington Square starting at $2,150 with a $1.72 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Roselle Station Apartments2BR/2.0BA2BR,2BA$1.84
Huntington Square3c-1083BR,2BA$1.72
Orion Arlington LakesSheridan - Renovated2BR,2BA$1.91
Ashton Arlington Heights2 Bed/2 Bath2BR,2BA$2.02
The Eagles1x1 deluxe1BR,1BA$1.99
Mount Prospect Greens2x1AR - Renovated Evanston2BR,1BA$1.98
Perry Grove ApartmentsTwo Bedroom2BR,1BA$1.72
Colonial Village ApartmentsOne Bed1BR,1BA$2.00
Village Grove Apartments - 62 +2nd Floor Premier1BR,1BA$1.75
The Eclipse at 1450Willow1BR,1BA$1.91

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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.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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 Beech Pointe Apartments listed at $1,325.

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 $1,282 at Orion Prospect.

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 $1,460 at Perry Grove Apartments.

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 The Grove at Schaumburg Apartments and starts from $1,977.

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.