
Cheap Apartments for Rent in Hanover, IL from $300 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Hanover.


15 E Main St

Pine View

MEADOWS OF LUKE RIDGE

Park Meadow Apartments

Nottingham West Apartments

Prairie View Apartments

Ruxton Apartments

Total Monthly Price
Washington Senior 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.

Penn Place Apartments

Oak Creek Woods Apartments

Maplewood Glen

Willowbrook Glen

Iowa Mutual Lofts

Total Monthly Price
Prestwick Senior Living

Union at the Marina

Super 20 Mobile Home Park

201 - 207 West Win Heights
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.

Riverside Apartments and Townhomes

Sterling Towers

Hawkeye Apartments

ARBOR GLEN APARTMENTS

1182 Locust St

FOX RIDGE ESTATES

Valley Bluff Townhomes

Raven Oaks Apartments

Tallgrass Townhomes
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.

535 7th Ave S

Roosevelt School Apartments

416 7th Ave S

Kiwanis Manor Apartments

725 Duggan Dr

247 W 11th St

2060 Whittier St

2519 N 3rd St

1941 Madison St
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.

73 Manor Dr

1131 Main St

2296 Woodworth St

651 Caledonia Pl

232 Cardiff St

3090 N Grandview Ave

1635 White St

419 5th Ave N

164 Park St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Highland Meadows

320 E 26th St

308 Hill St

422 Loras Blvd
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 | $875 | $625 | $1,110 |
| Hanover 1 Bedroom Apartments | $1,042 | $650 | $1,450 |
| Hanover 2 Bedroom Apartments | $1,267 | $670 | $2,150 |
| Hanover 3 Bedroom Apartments | $1,324 | $757 | $1,950 |
| Hanover 4 Bedroom Apartments | $1,753 | $1,573 | $1,873 |
Browse Top Apartments in Hanover
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Hanover, IL Local Guide
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Cheapest Available Hanover Apartments for Rent and Nearby
 The cheapest available apartment rental in Hanover, IL is a Studio unit found at Northland Park Apartments priced from $625. 15 E Main St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Hanover apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northland Park Apartments | Studio | Studio,1BA | $625 |
| 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 |
| Maplewood Glen | 1 Bed 1 Bath | 1BR,1BA | $833 |
| Prestwick Senior Living | One Bedroom | 1BR,1BA | $850 |
| Riverside Apartments and Townhomes | Two Bed, One Bath Townhome | 2BR,1BA | $900 |
| Iowa Mutual Lofts | Studio | Studio,1BA | $900 |
| 201 - 207 West Win Heights | 207 - 2 Bed / 1.5 Bath | 2BR,1BA | $945 |
Best Value Apartments for Rent in Hanover, IL and Nearby
As of June 20, 2026 the best value apartment in the Hanover area is the $0.78 price per square foot 3 Bed 2 Bath Model at Super 20 Mobile Home Park in the starting from $995. The second greatest value Hanover apartment is the Two Bedroom (A2) Model at Arrow Ridge starting at $1,330 with a $1.11 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 | $0.78 |
| Arrow Ridge | Two Bedroom (A2) | 2BR,1BA | $1.11 |
| 201 - 207 West Win Heights | 207 - 2 Bed / 2 Bath | 2BR,2BA | $1.04 |
| 15 E Main St | 1 Bed, 1 bath | 1BR,1BA | $0.65 |
| 1182 Locust St | Apt 4 | 1BR,1BA | $0.98 |
| Cottage Bluff Apartments | 2-Bedroom | 2BR,1BA | $1.10 |
| Penn Place Apartments | 2 Bedroom/2 Bath | 2BR,1.5BA | $1.06 |
| Riverside Apartments and Townhomes | Two Bed, One Bath Townhome | 2BR,1BA | $1.03 |
| Maplewood Glen | 1 Bed 1 Bath | 1BR,1BA | $1.17 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $1.12 |
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 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 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 Northland Park Apartments listed at $625.
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 $849 at Pine View.
What is the most affordable Hanover Three Bedroom Apartment?
The best deal on a cheap Hanover Three Bedroom Apartment rental is at Pine View and starts from $969.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.