
Cheap Homes for Rent in Elk Grove Village, IL from $1,400 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Elk Grove Village.


1915 White Chapel Dr

419 Stevens Dr

1460 Fairlane Dr
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.

1505 S Canford Cliffs Dr

675 Grove Terrace, Unit 401

542 Germaine Ln

821 Oakton St

127 Glengarry Dr

330 W Miner St

1505 S Canford Cliffs Dr

742 Edgelake Point

3335 Kirchoff Rd
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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.

733 Limerick Ln

2419 S Goebbert Rd

841 Cross Creek Ct

223 Washington Square

746 Dempster St, Unit BG-11

2980 Northampton Dr

960 Yosemite Trail
The 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.

950 E Wilmette Rd
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 | $2,279 | $1,450 | $3,250 |
Elk Grove Village 3 Bedroom Homes for Rent | $3,007 | $1,700 | $4,200 |
Elk Grove Village 4 Bedroom Homes for Rent | $3,466 | $2,599 | $4,049 |
Elk Grove Village 5 Bedroom Homes for Rent | $4,072 | $3,245 | $4,900 |
Browse Top Homes for Rent in Elk Grove Village
Explore Elk Grove Village
Elk Grove Village, IL Local Guide
- Elk Grove Village Neighborhoods
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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 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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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
Frequently Asked Questions about Elk Grove Village
What type of rentals are currently available in Elk Grove Village?
There are currently 223 Apartments for Rent in Elk Grove Village, IL with pricing that ranges from $1,170 to $7,205. There are also 133 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk Grove Village ranging from $1,450 to $4,900.
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 $1,450 to $4,900 with an average monthly rent of $2,979.
How much are larger Three and Four Bedroom Rentals in Elk Grove Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elk Grove Village range from $1,781 to $7,205, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,599 and Four Bedroom Apartments start at $6,322.
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.