Cheap Homes for Rent in Hoffman Estates, IL from $1,500 (43 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Hoffman Estates.

property at 555 Hill Dr

555 Hill Dr, Unit 207

555 Hill Dr
Hoffman EstatesIL60169
property at 56 N Victoria Ln

56 N Victoria Ln

StreamwoodIL60107

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.

Read Article
property at 56 N Victoria Ln

56 N Victoria Ln

StreamwoodIL60107

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-43, Page 1 of 1

Hoffman Estates, IL Local Guide

Cheapest Neighborhoods for Apartments in Hoffman Estates, IL

Pricing Updated: 09/17/2025

Current apartment rentals in the Hoffman Estates, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Hoffman Estates Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Bell Works$2,494$1,15081

Cheapest Available Hoffman Estates Apartments for Rent

 

The cheapest available apartment rental in Hoffman Estates, IL is a Studio unit found at Enclave Apartments of Hoffman Estates in the Far Northwest Suburban Cook neighborhood priced from $1,150. Barrington Lakes Apartments in the West Streamwood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,270. Here is today’s list of the most affordable Hoffman Estates apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Enclave Apartments of Hoffman EstatesStudioStudio,1BA$1,150
Barrington Lakes ApartmentsStudioStudio,1BA$1,270
Village in the Park ApartmentsWhitney studioStudio,1BA$1,410
Blackhawk Apartment HomesOne Bedroom - 723 sqft1BR,1BA$1,470
Village Park Apartments, LLCA1/3-700-X1BR,1BA$1,495
The Grove at Schaumburg ApartmentsLily1BR,1BA$1,503
Hoffman Hills Apartments1 Bed 1 Bath Renovated1BR,1BA$1,575
The Treehouse of Schaumburg1 bedroom1BR,1BA$1,650
The Lakes of Schaumburg Apartment HomesOne Bedroom1BR,1BA$1,680

Best Value Apartments for Rent in Hoffman Estates, IL

As of September 17, 2025 the best value apartment in the Hoffman Estates area is the $1.31 price per square foot Four Bedroom Model at Princeton West Townhomes in the in the Beacon Pointe neighborhood starting from $3,400. The second greatest value Hoffman Estates apartment is the 3 Bedroom Floor Plan C2 Model at Woodbury Place Apartments starting at $2,394 with a $1.92 price per square foot in the West Streamwood neighborhood. Here is today’s list of the best values for Hoffman Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Princeton West TownhomesFour Bedroom4BR,5BA$1.31
Woodbury Place Apartments3 Bedroom Floor Plan C23BR,2BA$1.92
21 Kristin2x2R - (Renovated)2BR,2BA$2.00
The Lakes of Schaumburg Apartment HomesTwo Bedroom2BR,2BA$2.49
443 Jefferson Ave, Unit #3 - 1 bed 1 bath443 Jefferson Ave1BR,1BA$1.77
Village Park Apartments, LLCB/2-800-X2BR,1BA$2.37
The Treehouse of Schaumburg1 bedroom1BR,1BA$2.28
Blackhawk Apartment HomesOne Bedroom - 700 sqft1BR,1BA$2.12
Hoffman Hills Apartments1 Bed 1 Bath Renovated1BR,1BA$2.25
The Grove at Schaumburg ApartmentsDaisy1BR,1BA$2.46

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
Hoffman Estates, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Hoffman Estates, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Hoffman Estates, IL

View Map
Hoffman Estates, IL Apartments Map
View Map
Hoffman Estates, IL Rental Homes Map

Frequently Asked Questions about Hoffman Estates

What type of rentals are currently available in Hoffman Estates?

There are currently 117 Apartments for Rent in Hoffman Estates, IL with pricing that ranges from $1,141 to $8,342. There are also 174 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hoffman Estates ranging from $1,550 to $6,500.

What is the current price range for Rental Homes in Hoffman Estates?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hoffman Estates ranges from $1,550 to $6,500 with an average monthly rent of $3,050.

How much are larger Three and Four Bedroom Rentals in Hoffman Estates?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hoffman Estates range from $1,991 to $7,625, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $6,495. Four Bedroom Single-Family rentals are also available starting from $2,460 and Four Bedroom Apartments start at $3,400.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.