243 Dalewood Ave
Wood DaleIL60191
Cheap Homes for Rent in Elk Grove Village, IL from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Elk Grove Village.
1851 Fox Run Dr
Elk Grove VillageIL60007
1505 S Canford Cliffs Dr
Mount ProspectIL60056
2234 S Goebbert Rd
Arlington HeightsIL60005
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.
347 Dalewood Ave
Wood DaleIL60191
1120 Copperfield Ln
SchaumburgIL60193
1810 W Hatherleigh Ct
Mount ProspectIL60056
1703 W Mansard Ln
Mount ProspectIL60056
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.
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Elk Grove Village, IL Local Guide
How much does it cost to rent a home in Elk Grove Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elk Grove Village 2 Bedroom Homes for Rent | $2,224 | $1,099 | $3,200 |
| Elk Grove Village 3 Bedroom Homes for Rent | $2,861 | $2,500 | $3,500 |
| Elk Grove Village 4 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
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Elk Grove Village, IL Local Guide
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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. Orion Prospect in the Bristol Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,426. 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 |
| Orion Prospect | Edison | 1BR,1BA | $1,426 |
| Terraces of Elk Grove | 1 Bedroom, 1 Bath (600 sq ft) | 1BR,1BA | $1,449 |
Best Value Apartments for Rent in Elk Grove Village, IL
As of May 29, 2025 the best value apartment in the Elk Grove Village area is the $1.87 price per square foot 651 Beau Ct Model at 651 Beau Ct, Unit # 3 in the in the Downtown Mount Prospect neighborhood starting from $2,800. The second greatest value Elk Grove Village apartment is the 2BR/2.0BA Model at Roselle Station Apartments starting at $2,443 with a $1.84 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 651 Beau Ct, Unit # 3 | 651 Beau Ct | 3BR,2BA | $1.87 |
| Roselle Station Apartments | 2BR/2.0BA | 2BR,2BA | $1.84 |
| Orion Arlington Lakes | Lincoln - Renovated | 1BR,1BA | $1.87 |
| ReNew Des Plaines North & South | Des Plaines South - 2x2 | 2BR,2BA | $1.70 |
| 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 | $1.99 |
| Cypress Place | C1 | 2BR,2BA | $1.91 |
| The Eagles | 1x1 deluxe | 1BR,1BA | $1.92 |
| Colonial Village | One Bedroom, Standard | 1BR,1BA | $1.72 |
| 2234 S Goebbert Rd, Unit 225 | 2234 S Goebbert Rd | 1BR,1BA | $1.67 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Elk Grove Village
What type of rentals are currently available in Elk Grove Village?
There are currently 224 Apartments for Rent in Elk Grove Village, IL with pricing that ranges from $1,170 to $6,500. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk Grove Village ranging from $800 to $3,500.
What is the current price range for Rental Homes in Elk Grove Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elk Grove Village ranges from $800 to $3,500 with an average monthly rent of $2,628.
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
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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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.