
Cheap Apartments for Rent in Hanover, IL from $300 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Hanover.


Riverside Apartments and Townhomes

Northland Park Apartments

Greenfield

15 E Main St

Pine View

MEADOWS OF LUKE RIDGE

Park Meadow Apartments

Nottingham West Apartments

Prairie View Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Ruxton Apartments

Total Monthly Price
Washington Senior Apartments

Penn Place Apartments

Oak Creek Woods Apartments

Maplewood Glen

Pioneer Court Apartments

Willowbrook Glen

Iowa Mutual Lofts

Total Monthly Price
Prestwick Senior Living

Union at the Marina
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.

Super 20 Mobile Home Park

201 - 207 West Win Heights

Sterling Towers

Hawkeye Apartments

ARBOR GLEN APARTMENTS

Eagle Point Townhomes

Raven Oaks Apartments

Valley Bluff Townhomes

1182 Locust St

FOX RIDGE ESTATES
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.

Tallgrass Townhomes

1820 Radford Rd

Roosevelt School Apartments

416 7th Ave S

516 2nd Ave S

Kiwanis Manor Apartments

285 Cardiff St

289 Cardiff St

107 W Baldwin St

725 Duggan Dr
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.

626 University Ave

1338 Main St

110 S Main St

850 Nevada St

73 Manor Dr

3090 N Grandview Ave

904 Park St

Highland Meadows

1214 S Saxby Ave

837 W Stephenson St
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.
Hanover, IL Local Guide

How much does it cost to rent an apartment in Hanover?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hanover Studio Apartments | $848 | $525 | $1,110 |
| Hanover 1 Bedroom Apartments | $1,031 | $650 | $1,582 |
| Hanover 2 Bedroom Apartments | $1,247 | $650 | $2,150 |
| Hanover 3 Bedroom Apartments | $1,287 | $600 | $1,950 |
| Hanover 4 Bedroom Apartments | $1,645 | $1,495 | $1,795 |
Browse Top Apartments in Hanover
See all Apartments in HanoverExplore Hanover
Hanover, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Hanover Apartments for Rent and Nearby
 The cheapest available apartment rental in Hanover, IL is a Studio unit found at Riverside Apartments and Townhomes priced from $525. Northland Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Hanover apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverside Apartments and Townhomes | Studio | Studio,1BA | $525 |
| Northland Park Apartments | Studio | Studio,1BA | $625 |
| Greenfield | 96-a | 2BR,1BA | $650 |
| 15 E Main St | 1 Bed, 1 bath | 1BR,1BA | $650 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $669 |
| Prairie View Apartments | 32 Unit - Efficiency | Studio,1BA | $725 |
| Washington Senior Apartments | Studio | Studio,1BA | $750 |
| MEADOWS OF LUKE RIDGE | 3 BED 1 BATH | 3BR,1BA | $757 |
| Oak Creek Woods Apartments | 2 Beds, 2 baths | 2BR,2BA | $795 |
| Maplewood Glen | 1 Bed 1 Bath | 1BR,1BA | $833 |
Best Value Apartments for Rent in Hanover, IL and Nearby
As of May 02, 2026 the best value apartment in the Hanover area is the $0.74 price per square foot 3 Bed 2 Bath Model at Super 20 Mobile Home Park in the starting from $945. The second greatest value Hanover apartment is the Two Bedroom (A2) Model at Arrow Ridge starting at $1,395 with a $1.16 price per square foot . Here is today’s list of the best values for Hanover apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Super 20 Mobile Home Park | 3 Bed 2 Bath | 3BR,2BA | $0.74 |
| Arrow Ridge | Two Bedroom (A2) | 2BR,1BA | $1.16 |
| College Suites Peosta | 3 Bedroom Apartment - Price Per Bed! | 3BR,2BA | $0.56 |
| 201 - 207 West Win Heights | 201 - 2 Bed / 2 Bath | 2BR,2BA | $1.04 |
| 15 E Main St | 1 Bed, 1 bath | 1BR,1BA | $0.65 |
| Cottage Bluff Apartments | 2-Bedroom | 2BR,1BA | $1.10 |
| Penn Place Apartments | 2 Bedroom/2 Bath | 2BR,1.5BA | $1.06 |
| MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $0.71 |
| Greenfield | 96-a | 2BR,1BA | $0.72 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $1.12 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hanover, IL Rentals by Map
See the most popular apartments and homes in Hanover, IL
Frequently Asked Questions about Cheap Hanover Apartments
What is the Cheapest Studio apartment in Hanover?
Currently the most affordable Cheap Studio Apartment in Hanover is at Riverside Apartments and Townhomes listed at $525.
How much is rent for a Cheap One Bedroom Hanover Apartment?
The lowest price for a Cheap One Bedroom Hanover Apartment is $650 at 15 E Main St.
What is the lowest price for a Cheap Two Bedroom Hanover Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hanover is starting from $650 at Greenfield.
What is the most affordable Hanover Three Bedroom Apartment?
The best deal on a cheap Hanover Three Bedroom Apartment rental is at MEADOWS OF LUKE RIDGE and starts from $757.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.