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$1,322 - $4,0321 to 2 Bedroom Apartments Available Now
Terraces of Elk Grove
908 Ridge SqElk Grove Village, IL 60007
Cheap Apartments for Rent in Elk Grove Village, IL from $800 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Elk Grove Village.
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2 Bedroom Apartments
Carroll Square - NO FEES AT THIS PROPERTY!!
648 Carroll SqElk Grove Village, IL 60007
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$1,160 - $3,810Studio to 3 Bedroom Apartments Available Now
ReNew Des Plaines North & South
730 W Algonquin RdDes Plaines, IL 60016
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$1,200 - $2,070Studio to 2 Bedroom Apartments Available Now
Beech Pointe Apartments
60 E Beech DrSchaumburg, IL 60193
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$1,2591 Bedroom Apartments Contact Us For Availability
Rose Glen Senior
227 Frontier DrRoselle, IL 60172
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$1,309 - $2,7151 to 3 Bedroom Apartments Available Now
Mount Prospect Greens
2000 W Algonquin RdMount Prospect, IL 60056
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.
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$1,325 - $1,795Studio to 2 Bedroom Apartments Available Jan 16, 2026
Regents Park Apartments
930-950 W Irving Park RdBensenville, IL 60106
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$1,361 - $1,8751 to 2 Bedroom Apartments Available Now
The Eclipse at 1450
1450 S Busse RdMount Prospect, IL 60056
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$1,369 - $2,3171 to 3 Bedroom Apartments Available Now
Residences at Arlington Heights
2134 S Goebbert RdArlington Heights, IL 60005
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$1,373 - $2,7681 to 3 Bedroom Apartments Available Now
Orion Prospect
475 W Enterprise DrMount Prospect, IL 60056
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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.
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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
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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 | $1,593 | $1,160 | $2,060 |
| Cheap Elk Grove Village 1 Bedroom Apartments | $1,701 | $1,259 | $3,339 |
| Cheap Elk Grove Village 2 Bedroom Apartments | $1,999 | $1,460 | $4,032 |
| Cheap Elk Grove Village 3 Bedroom Apartments | $2,629 | $1,781 | $10,000+ |
| Cheap Elk Grove Village 4 Bedroom Apartments | $11,077 | $10,000 | $10,000+ |
Browse Top Apartments in Elk Grove Village
See all Apartments in Elk Grove VillageExplore Elk Grove Village
Elk Grove Village, IL Local Guide
Written By:
Justin HabersaatEditing Staff
- 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 Studio unit found at Beech Pointe Apartments in the Far Northwest Suburban Cook neighborhood priced from $1,325. Orion Prospect in the Bristol Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,328. Here is today’s list of the most affordable Elk Grove Village apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beech Pointe Apartments | 1BP | Studio,1BA | $1,325 |
| Orion Prospect | Kenwood | 1BR,1BA | $1,328 |
| The Eclipse at 1450 | Willow | 1BR,1BA | $1,361 |
| Residences at Arlington Heights | The Woodfield | 1BR,1BA | $1,369 |
| Orion ParkView | Monroe | 1BR,1BA | $1,386 |
Best Value Apartments for Rent in Elk Grove Village, IL
As of December 15, 2025 the best value apartment in the Elk Grove Village area is the $1.56 price per square foot B1 Model at Springhill in the starting from $1,865. The second greatest value Elk Grove Village apartment is the Sheridan - Renovated Model at Orion Arlington Lakes starting at $2,264 with a $1.90 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. |
|---|---|---|---|
| Springhill | B1 | 2BR,2BA | $1.56 |
| Orion Arlington Lakes | Sheridan - Renovated | 2BR,2BA | $1.90 |
| Ashton Arlington Heights | 2 Bed/2 Bath | 2BR,2BA | $1.94 |
| The Eagles | 1x1 deluxe | 1BR,1BA | $1.99 |
| Terraces of Elk Grove | Renovated, 1 Bedroom, 1 Bath (900 sq ft) | 1BR,1BA | $1.84 |
| Mount Prospect Greens | 2x1A - Evanston | 2BR,1BA | $2.05 |
| 930 E Shady Way, Unit 2 | 930 E Shady Way | 2BR,1BA | $2.06 |
| Colonial Village Apartments | One Bed | 1BR,1BA | $2.00 |
| Village Grove Apartments - 62 + | 2nd Floor Premier | 1BR,1BA | $1.75 |
| The Eclipse at 1450 | Willow | 1BR,1BA | $1.93 |
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.
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Best 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 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
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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
Comm Cons School District 59
Public School - Grades PK-5 (225)
8 out of 10
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 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 $1,328 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 $1,458 at Orion ParkView.
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 Residences at Arlington Heights and starts from $2,030.
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
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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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.
How to Negotiate Your Apartment Lease and Save Money
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Everything is a negotiation in real estate!
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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.