
Cheap Apartments for Rent in Elk Grove Village, IL from $800 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Elk Grove Village.


417 Perrie Dr, Unit 101

Carroll Square - NO FEES AT THIS PROPERTY!!

Beech Pointe Apartments

Mount Prospect Greens

ReNew Des Plaines North & South
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.

Rose Glen Senior

Regents Park Apartments

Orion Prospect
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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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.
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 | $1,646 | $1,170 | $2,095 |
Cheap Elk Grove Village 1 Bedroom Apartments | $1,782 | $1,213 | $3,529 |
Cheap Elk Grove Village 2 Bedroom Apartments | $2,139 | $1,445 | $4,109 |
Cheap Elk Grove Village 3 Bedroom Apartments | $2,728 | $1,781 | $7,205 |
Cheap Elk Grove Village 4 Bedroom Apartments | $6,494 | $6,322 | $6,911 |
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 Orion Prospect in the Bristol Park neighborhood priced from $1,336. Orion ParkView in the Downtown Mount Prospect neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,361. Here is today’s list of the most affordable Elk Grove Village apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Orion Prospect | Edison | 1BR,1BA | $1,336 |
Orion ParkView | Monroe | 1BR,1BA | $1,361 |
Terraces of Elk Grove | 1 Bedroom, 1 Bath (600 sq ft) | 1BR,1BA | $1,399 |
The Element | Birch | 1BR,1BA | $1,441 |
The Grove at Schaumburg Apartments | Lily | 1BR,1BA | $1,503 |
Best Value Apartments for Rent in Elk Grove Village, IL
As of September 14, 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 Sheridan Model at Orion Arlington Lakes starting at $2,072 with a $1.74 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 | $1.84 |
Orion Arlington Lakes | Sheridan | 2BR,2BA | $1.74 |
A&K Luxury Apartments | 1B/1B w/Dining or Home Office | 1BR,1BA | $1.93 |
The Eagles | 1x1 deluxe | 1BR,1BA | $1.92 |
Mount Prospect Greens | 2x1.5AR - Renovated Lincoln | 2BR,1.5BA | $1.85 |
Colonial Village Apartments | One Bed | 1BR,1BA | $2.00 |
Village Grove Apartments - 62 + | 2nd Floor Premier | 1BR,1BA | $1.75 |
Ashton Arlington Heights | 1 Bed/1 Bath | 1BR,1BA | $2.28 |
The Eclipse at 1450 | Willow | 1BR,1BA | $2.20 |
The Element | Birch | 1BR,1BA | $2.22 |
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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 $1,823.
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 $1,336 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 $1,364 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 $2,284.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.