Cheap Apartments for Rent in Elk Grove Village, IL from $1,220 (71 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Orion Elk Grove
1 to 2 Bedroom Apartments

Orion Elk Grove

991 Charlela LnElk Grove Village, IL 60007

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

Read Article
property at 675 Grove Terrace
$1,875

Total Monthly Price

Base Rent$1,875
Total Monthly Price$1,875
2 Bedroom, 2 Bath Condo for Rent
Available Now

675 Grove Terrace, Unit 113

675 Grove Terrace
Elk Grove VillageIL60007
close
View Me
Orion Prospect
$1,345 - $3,387

Total Monthly Price

Base Rent$1,345 - $3,387
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Orion Prospect

475 W Enterprise DrMount Prospect, IL 60056
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
Springhill
$1,516 - $1,886

Total Monthly Price

Base Rent$1,516 - $1,886
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Springhill

280 Spring Hill DrRoselle, IL 60172
  • Verified
property at 2210 S Goebbert Rd
$1,550

Total Monthly Price

Base Rent$1,550
Total Monthly Price$1,550
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

2210 S Goebbert Rd, Unit 431

2210 S Goebbert Rd
Arlington HeightsIL60005

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

Read Article
property at 375 Newgate Ct
$1,900

Total Monthly Price

Base Rent$1,900
Total Monthly Price$1,900
2 Bedroom, 1 Bath Condo for Rent
Available Sep 30
Furnished

375 Newgate Ct, Unit N2

375 Newgate Ct
SchaumburgIL60193
  • Smoke Free

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.

Read Article
close
View Me
Victoria Hills
1 Bedroom Apartments

Victoria Hills

1854 S Phillip DrMount Prospect, IL 60056
  • Utilities Included
close
View Me
Mansard Lane Apartments
2 Bedroom Apartments

Mansard Lane Apartments

1713-1725 W Mansard LnMount Prospect, IL 60056
  • Utilities Included
close
View Me
Shady Way
1 Bedroom Apartments

Shady Way

920 E Shady WayArlington Heights, IL 60005
  • Utilities Included
close
View Me
1709 W Victoria Dr
1 to 2 Bedroom Apartments

1709 W Victoria Dr

1709 W Victoria DrMount Prospect, IL 60056
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 2

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 Rose Glen Senior in the Far Northwest Suburban Cook neighborhood priced from $1,333. Orion Prospect in the Bristol Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,345. Here is today’s list of the most affordable Elk Grove Village apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rose Glen Senior1 Bed 1 Bath1BR,1BA$1,333
Orion ProspectKenwood1BR,1BA$1,345
The Element1 Bed 1 Bath Cottonwood B Select LTD1BR,1BA$1,395
Residences at Arlington HeightsThe Meadow1BR,1BA$1,400
The Eclipse at 1450Willow1BR,1BA$1,400
Willow Crossing ApartmentsClover - Elevated1BR,1BA$1,484
Terraces of Elk GrovePartially Renovated, 1 Bedroom, 1 Bath (600 sq ft)1BR,1BA$1,499
Orion Elk GroveThe Hawk1BR,1BA$1,530
Medinah Terrace Apartments1 Bed 1 Bath B Renovated1BR,1BA$1,545

Best Value Apartments for Rent in Elk Grove Village, IL

As of September 11, 2026 the best value apartment in the Elk Grove Village area is the $1.78 price per square foot New Construction Townhome 3Br/2.5Ba available i... Model at Walnut Grove Townhomes in the in the Metra-Bensenville Station neighborhood starting from $3,500. The second greatest value Elk Grove Village apartment is the B1 Model at Springhill starting at $1,886 with a $1.58 price per square foot . 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.
Walnut Grove TownhomesNew Construction Townhome 3Br/2.5Ba available i...3BR,2.5BA$1.78
SpringhillB12BR,2BA$1.58
A&K Luxury Apartments2B/1B w/ Dining or Home Office2BR,1BA$2.14
The Ponds on Plum Grove2x1Cove2BR,1BA$1.87
Cypress PlaceC12BR,2BA$1.84
The Eagles1x1 deluxe1BR,1BA$1.99
Colonial Village ApartmentsOne Bed1BR,1BA$2.00
930 E Shady Way, Unit 9930 E Shady Way1BR,1BA$1.85
The Eclipse at 1450Willow1BR,1BA$1.99
Village Grove Apartments - 62 +1st Floor Standard1BR,1BA$2.16

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.

Read Article
Decorative image

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 Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

A 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 Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

School data provided by Great Schools

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

Explore Elk Grove Village, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Elk Grove Village, IL

View Map
Elk Grove Village, IL Apartments Map
View Map
Elk Grove Village, IL Rental Homes Map

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 Versailles on the Lakes Schaumburg listed at $1,767.

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 $1,333 at Rose Glen Senior.

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 $1,570 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 Residences at Arlington Heights and starts from $2,100.

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

decorative image for The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago article

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

decorative image for Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible article

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

decorative image for Chicago Relocation 101: Mastering Utilities, Registration, and the CTA article

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.