Cheap Apartments for Rent in Hampshire, IL from $800 (17 Rentals)

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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.

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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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269 Douglas Ave
1 Bedroom Apartments

269 Douglas Ave

269 Douglas AveElgin, IL 60120
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278 Douglas Ave
1 Bedroom Apartments

278 Douglas Ave

278 Douglas AveElgin, IL 60120
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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 Edgewater 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
Eden Prairie Apartments1 Bed 1 Bath Ground Level1BR,1BA$1,395
200 S Lincoln1BD/1BA1BR,1BA$1,400
Wing Park Residencewp-1bs1BR,1BA$1,500

Best Value Apartments for Rent in Hampshire, IL and Nearby

As of January 06, 2026 the best value apartment in the Hampshire area is the $1.37 price per square foot Gregory End Model at Terrabrook at Prairie Ridge in the starting from $2,500. The second greatest value Hampshire apartment is the Rome Model at Conservancy at Gilberts starting at $2,640 with a $1.80 price per square foot in the Square Barn Road School Campus neighborhood. 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.
Terrabrook at Prairie RidgeGregory End4BR,2.5BA$1.37
Conservancy at GilbertsRome2BR,2.5BA$1.80
The Villages at CanterfieldD2A3BR,3BA$1.98
WC Kimball2 Bed 1 Bath2BR,1BA$1.58
St. Albans Greens Townhouses and Apartments2 Bedrooom TH NEW2BR,2BA$1.49
Highland SpringsOne Bedroom1BR,1BA$1.53
WoodcreekApt B2BR,2BA$1.55
Residence of Fairway Greens2bed one and half bath, basement2BR,1.5BA$1.88
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Marengo Woods1BR/1BA1BR,1BA$1.92

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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Frequently Asked Questions about Cheap Hampshire Apartments

What is the Cheapest Studio apartment in Hampshire?

Currently the most affordable Cheap Studio Apartment in Hampshire is at Royal Ridge Apartments listed at $1,125.

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 Authentix South Elgin and starts from $2,143.

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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!