Cheap Apartments for Rent in Hampshire, IL from $800 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hampshire.

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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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.

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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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Hampshire, IL Local Guide

Cheapest Available Hampshire Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hampshire, IL is a Studio unit found at Royal Ridge Apartments in the West Ridge Village neighborhood priced from $1,125. Marengo Woods in the Deerpass neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Hampshire apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Royal Ridge ApartmentsStudioStudio,1BA$1,125
Marengo Woods1BR/1BA1BR,1BA$1,150
39 Surrey Dr39 SurreyStudio,1BA$1,175
The Church Street Apartments1 Bedroom1BR,1BA$1,300
The Cornell Luxury ApartmentsStudio1BR,1BA$1,300

Best Value Apartments for Rent in Hampshire, IL and Nearby

As of June 29, 2025 the best value apartment in the Hampshire area is the $1.76 price per square foot Milan Model at Conservancy at Gilberts in the in the Square Barn Road School Campus neighborhood starting from $3,730. The second greatest value Hampshire apartment is the Gregory End Model at Terrabrook at Prairie Ridge starting at $2,950 with a $1.61 price per square foot . Here is today’s list of the best values for Hampshire apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Conservancy at GilbertsMilan4BR,2.5BA$1.76
Terrabrook at Prairie RidgeGregory End4BR,2.5BA$1.61
1012-1070 Turin2BR/2.0BA2BR,2BA$1.62
1990 Larkin Ave, Elgin, IL 601232 bed/2 bath2BR,2BA$1.75
The Paths of Walnut Ridge2 Bed / 2 Bath2BR,2BA$1.50
Residence of Fairway GreensCB121.5 Two bedroom/one and half bath2BR,1.5BA$1.90
Eden Prairie Apartments2 Bed 1 Bath B Renovated2BR,1BA$1.86
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
The Church Street Apartments1 Bedroom1BR,1BA$1.63
39 Surrey Dr39 SurreyStudio ,1BA$1.88

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Best Local Schools in
Hampshire, IL

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Remember the 3 Rules of Real Estate:
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Explore Hampshire, IL Rentals by Map

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See the most popular apartments and homes in Hampshire, IL

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Getting Around Hampshire, IL

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Hampshire Apartments

How much is rent for a Cheap One Bedroom Hampshire Apartment?

The lowest price for a Cheap One Bedroom Hampshire Apartment is $1,150 at Marengo Woods.

What is the lowest price for a Cheap Two Bedroom Hampshire Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hampshire is starting from $1,250 at Marengo Woods.

What is the most affordable Hampshire Three Bedroom Apartment?

The best deal on a cheap Hampshire Three Bedroom Apartment rental is at 1012-1070 Turin and starts from $2,550.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

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.

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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.

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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.