
Cheap Homes for Rent near Hanover, IL from $300 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Hanover.


597 Jefferson St

416 7th Ave S

1215 Mt Pleasant St

522 N 4th St
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.

1124 Locust St

287 Cardiff St

767 11th Ave S

247 W 11th St

413 21st Pl Ct
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.

112 30th Ave N

2519 N 3rd St

1941 Madison St

1131 Main St

415 W Locust 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.
Hanover, IL Local Guide

How much does it cost to rent a home in Hanover?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hanover 2 Bedroom Homes for Rent | $1,047 | $750 | $1,700 |
| Hanover 3 Bedroom Homes for Rent | $1,496 | $875 | $2,250 |
| Hanover 4 Bedroom Homes for Rent | $2,172 | $1,595 | $2,750 |
| Hanover 5 Bedroom Homes for Rent | $1,025 | $550 | $1,500 |
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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. Fulton Commons Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $655. 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 |
| Fulton Commons Apartments | 2 Beds, 1 bath | 2BR,1BA | $655 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $669 |
| Washington Senior Apartments | Studio | Studio,1BA | $750 |
| Westwinds | 2BD 1BA | 2BR,1BA | $750 |
Best Value Apartments for Rent in Hanover, IL and Nearby
As of August 27, 2026 the best value apartment in the Hanover area is the $0.88 price per square foot Apt 2 Model at 1182 Locust St in the starting from $1,400. The second greatest value Hanover apartment is the 2 Bedroom 2.5 Bath TH Model at The Landing of Clinton starting at $1,395 with a $1.01 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. |
|---|---|---|---|
| 1182 Locust St | Apt 2 | 3BR,1BA | $0.88 |
| The Landing of Clinton | 2 Bedroom 2.5 Bath TH | 2BR,2.5BA | $1.01 |
| Arrow Ridge | Two Bedroom (A2) | 2BR,1BA | $1.04 |
| Fulton Commons Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.66 |
| 2709 Ventura Dr | 2 Bed/ 1 bath | 2BR,1BA | $1.05 |
| Penn Place Apartments | 2 Bedroom/2 Bath | 2BR,1.5BA | $1.06 |
| Willowbrook Glen Apartments | Two Bed | 2BR,1BA | $0.91 |
| Riverside Apartments and Townhomes | Two Bed, One Bath Townhome | 2BR,1BA | $1.03 |
| Westwinds | 2BD 1BA | 2BR,1BA | $0.86 |
| Ruxton Apartments | 2A | 2BR,2BA | $0.98 |
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!
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See the most popular apartments and homes in Hanover, IL
Frequently Asked Questions about Hanover
What type of rentals are currently available in Hanover?
There are currently 70 Apartments for Rent in Hanover, IL with pricing that ranges from $550 to $2,150. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hanover ranging from $300 to $2,750.
What is the current price range for Rental Homes in Hanover?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hanover ranges from $300 to $2,750 with an average monthly rent of $1,199.
How much are larger Three and Four Bedroom Rentals in Hanover?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hanover range from $600 to $1,835, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,573.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.