
Cheap Apartments for Rent near Hanover, IL from $300 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Hanover.


Pine View

MEADOWS OF LUKE RIDGE

Nottingham West Apartments

Total Monthly Price
Washington Senior Apartments

Penn Place Apartments

Oak Creek Woods Apartments

Prairie View Apartments

Maplewood Glen Apartments
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.

Willowbrook Glen Apartments

Total Monthly Price
Prestwick Senior Living

Iowa Mutual Lofts

Union at the Marina

Ruxton Apartments

Total Monthly Price
201 - 207 West Win Heights

Park Meadow Apartments

Super 20 Mobile Home Park

Riverside Apartments and Townhomes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Sterling Towers

1182 Locust St

Hawkeye Apartments

ARBOR GLEN APARTMENTS

Raven Oaks Apartments

FOX RIDGE ESTATES

Valley Bluff Townhomes

15 E Main St

616 S Clinton 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.

2709 Ventura Dr

Tallgrass Townhomes

Roosevelt School Apartments

416 7th Ave S

102 E Market St

2916 Roosevelt St

Kiwanis Manor Apartments

1124 Locust St

725 Duggan Dr
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.

247 W 11th St

2519 N 3rd St

1131 Main St

73 Manor Dr

3090 N Grandview Ave

651 Caledonia Pl

419 5th Ave N

2030 Chaney Rd

770 University Ave
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.

Highland Meadows

320 E 26th St

834 N 4th St
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 | $924 | $625 | $1,110 |
| Hanover 1 Bedroom Apartments | $1,119 | $669 | $1,425 |
| Hanover 2 Bedroom Apartments | $1,288 | $670 | $2,100 |
| Hanover 3 Bedroom Apartments | $1,431 | $757 | $1,835 |
| 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. Pine View has the second lowest priced unit, which is a 1 Bed apartment currently listed from $669. 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 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $669 |
| Washington Senior Apartments | Studio | Studio,1BA | $750 |
| Prairie View Apartments | 32 Unit - Efficiency | Studio,1BA | $795 |
| Maplewood Glen Apartments | 1 Bed 1 Bath | 1BR,1BA | $833 |
| Willowbrook Glen Apartments | Two Bed | 2BR,1BA | $849 |
| Prestwick Senior Living | One Bedroom | 1BR,1BA | $850 |
| Ruxton Apartments | 2A | 2BR,2BA | $856 |
| Riverside Apartments and Townhomes | Two Bed, One Bath Townhome | 2BR,1BA | $900 |
| Iowa Mutual Lofts | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in Hanover, IL and Nearby
As of August 04, 2026 the best value apartment in the Hanover area is the $1.04 price per square foot Two Bedroom (A2) Model at Arrow Ridge in the starting from $1,250. The second greatest value Hanover apartment is the Apt 4 Model at 1182 Locust St starting at $925 with a $0.93 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. |
|---|---|---|---|
| Arrow Ridge | Two Bedroom (A2) | 2BR,1BA | $1.04 |
| 1182 Locust St | Apt 4 | 1BR,1BA | $0.93 |
| Cottage Bluff Apartments | 2-Bedroom | 2BR,1BA | $1.10 |
| Penn Place Apartments | Newly Renovated 2 BR | 2BR,1.5BA | $1.11 |
| Willowbrook Glen Apartments | Two Bed | 2BR,1BA | $0.91 |
| 15 E Main St | 3 Bed 1 Bath | 3BR,1BA | $1.08 |
| Riverside Apartments and Townhomes | Two Bed, One Bath Townhome | 2BR,1BA | $1.03 |
| Ruxton Apartments | 2A | 2BR,2BA | $0.98 |
| Maplewood Glen Apartments | 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 $669 at Pine View.
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 Willowbrook Glen Apartments.
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

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.

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.

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.