1003 Argyle St
BensenvilleIL60106
Cheap Homes for Rent in Elk Grove Village, IL from $1,500 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Elk Grove Village.
230 Springhill Dr
RoselleIL60172
close
View Me
$1,5001 Bedroom Apartments Available Now
327 Hawthorne Cir, Unit 5
327 Hawthorne CirMount Prospect, IL 60056
2210 S Goebbert Rd, Unit 431
2210 S Goebbert Rd
Arlington HeightsIL60005
347 Dalewood Ave
Wood DaleIL60191
2210 S Goebbert Rd
Arlington HeightsIL60005
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.
101 Boardwalk St
Elk Grove VillageIL60007
725 W Huntington Commons Rd
Mount ProspectIL60056
612 Rosner Dr
RoselleIL60172
520 Biesterfield Rd
Elk Grove VillageIL60007
375 Newgate Ct, Unit N2
375 Newgate Ct
SchaumburgIL60193
181 Inverness Ct
Elk Grove VillageIL60007
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.
1040 Hampton Harbor
SchaumburgIL60193
close
View Me
$2,005Studio Apartments Available Now
Furnished Studio-Chicago - Woodfield Mall
1200 American LnSchaumburg, IL 60173
920 Beau Dr
Des PlainesIL60016
close
View Me
$2,076Studio Apartments Available Now
Furnished Studio-Chicago - Itasca
1181 N Rohlwing RdItasca, IL 60143
122 Mullingar Ct
SchaumburgIL60193
1460 7 Pines Rd
SchaumburgIL60193
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!
120 Inverness Ct
Elk Grove VillageIL60007
717 Whitesail Dr
SchaumburgIL60194
Showing Results 1-20, Page 1 of 1
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 | $2,272 | $1,595 | $3,100 |
| Elk Grove Village 3 Bedroom Homes for Rent | $3,068 | $2,200 | $4,200 |
| Elk Grove Village 4 Bedroom Homes for Rent | $3,654 | $3,100 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Elk Grove Village
Explore Elk Grove Village
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 Rose Glen Senior in the Far Northwest Suburban Cook neighborhood priced from $1,333. Residences at Arlington Heights in the Des Plaines Arlington Hts Corridor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,398. Here is today’s list of the most affordable Elk Grove Village apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rose Glen Senior | 1 Bed 1 Bath | 1BR,1BA | $1,333 |
| Residences at Arlington Heights | The Meadow | 1BR,1BA | $1,398 |
| The Eclipse at 1450 | Willow | 1BR,1BA | $1,400 |
| Orion Prospect | Edison | 1BR,1BA | $1,404 |
| The Element | 1 Bed 1 Bath Cottonwood A Renovated | 1BR,1BA | $1,410 |
Best Value Apartments for Rent in Elk Grove Village, IL
As of August 23, 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 Versailles w Den - Associates Model at Versailles on the Lakes Schaumburg starting at $2,602 with a $2.10 price per square foot in the Far Northwest Suburban Cook 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. |
|---|---|---|---|
| Walnut Grove Townhomes | New Construction Townhome 3Br/2.5Ba available i... | 3BR,2.5BA | $1.78 |
| Versailles on the Lakes Schaumburg | Versailles w Den - Associates | 2BR,2BA | $2.10 |
| A&K Luxury Apartments | 1B/1B w/Dining or Home Office | 1BR,1BA | $2.03 |
| The Eagles | 1x1 deluxe | 1BR,1BA | $1.99 |
| Mount Prospect Greens | 2x1AR - Renovated Evanston | 2BR,1BA | $2.11 |
| Colonial Village Apartments | One Bed | 1BR,1BA | $2.00 |
| The Eclipse at 1450 | Willow | 1BR,1BA | $1.99 |
| Medinah Terrace Apartments | 1 Bed 1 Bath B Renovated | 1BR,1BA | $2.22 |
| The Element | 1 Bed 1 Bath Cottonwood A Select | 1BR,1BA | $2.21 |
| Village Grove Apartments - 62 + | 1st Floor Standard | 1BR,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
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 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
Read ArticleReal 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
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.
Let everyone know!
Do you know the Elk Grove Village area?
If you’re an expert on all things Elk Grove Village, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
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 $1,220 to $4,250. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk Grove Village ranging from $1,500 to $5,000.
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 $1,500 to $5,000 with an average monthly rent of $2,648.
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
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.
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.
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.
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
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.
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.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.