Cheap Apartments for Rent in Prairie Grove, IL from $500 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Prairie Grove.

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.

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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.

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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.

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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.

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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.

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Showing Results 1-40, Page 1 of 1

Prairie Grove, IL Local Guide

Cheapest Available Prairie Grove Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prairie Grove, IL is a 1 Bed unit found at Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood priced from $1,200. Willow Brooke in the Savanna Grove neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,280. Here is today’s list of the most affordable Prairie Grove apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wauconda Park Apartments1 Bed / 1 Bath1BR,1BA$1,200
Willow BrookeOne Bedroom1BR,1BA$1,280
Patriot Oaks1 Bedroom 1 Bathroom1BR,1BA$1,307
Patriot Prairie of Woodstock2X12BR,1BA$1,375
The Church Street Apartments1 Bedroom1BR,1BA$1,400
Darlington Court ApartmentsOne Bed/One Bath1BR,1BA$1,477
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1,500
Springs at Three OaksSGO | Studio Grand OverlookStudio,1BA$1,516
The Blake at Fox RiverEllory1BR,1BA$1,529
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1,562

Best Value Apartments for Rent in Prairie Grove, IL and Nearby

As of June 08, 2026 the best value apartment in the Prairie Grove area is the $1.95 price per square foot Willowood Model at Redwood Crystal Lake in the in the Arrowhead neighborhood starting from $2,699. The second greatest value Prairie Grove apartment is the Forestwood Model at Redwood Volo starting at $2,467 with a $1.91 price per square foot in the Liberty Lakes - Freedom Series neighborhood. Here is today’s list of the best values for Prairie Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood Crystal LakeWillowood2BR,2BA$1.95
Redwood VoloForestwood2BR,2BA$1.91
The Meadows Apartments LakemoorMeadow2BR,2BA$1.65
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1.36
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.82
Residence of Fairway Greens2.1.5B2BR,1.5BA$1.95
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.70
Patriot Prairie of Woodstock2X12BR,1BA$1.79
Willow BrookeOne Bedroom1BR,1BA$1.90

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.

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Real 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.

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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.

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

Explore Prairie Grove, IL Rentals by Map

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Frequently Asked Questions about Cheap Prairie Grove Apartments

What is the Cheapest Studio apartment in Prairie Grove?

Currently the most affordable Cheap Studio Apartment in Prairie Grove is at Springs at Three Oaks listed at $1,498.

How much is rent for a Cheap One Bedroom Prairie Grove Apartment?

The lowest price for a Cheap One Bedroom Prairie Grove Apartment is $1,200 at Wauconda Park Apartments.

What is the lowest price for a Cheap Two Bedroom Prairie Grove Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prairie Grove is starting from $1,375 at Patriot Prairie of Woodstock.

What is the most affordable Prairie Grove Three Bedroom Apartment?

The best deal on a cheap Prairie Grove Three Bedroom Apartment rental is at Oakbrook Estates- Senior 55+ Community and starts from $1,700.

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

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.