
Cheap Homes for Rent in Prairie Grove, IL from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Prairie Grove.


4301 W Shamrock Ln

627 S Virginia Rd

651 S Virginia Rd
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.

350 College St

1351 Cunat Ct

439 Berkshire Dr

431 Berkshire Dr
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.
Prairie Grove, IL Local Guide

How much does it cost to rent a home in Prairie Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prairie Grove 2 Bedroom Homes for Rent | $1,959 | $1,499 | $3,197 |
| Prairie Grove 3 Bedroom Homes for Rent | $2,464 | $2,100 | $2,800 |
| Prairie Grove 4 Bedroom Homes for Rent | $3,080 | $2,500 | $3,700 |
Browse Top Homes for Rent in Prairie Grove
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Prairie Grove, IL Local Guide
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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 Silver Creek Apartments in the Bull Valley Golf Club neighborhood priced from $1,149. Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Prairie Grove apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Creek Apartments | 1 Bedroom | 1BR,1BA | $1,149 |
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1,220 |
Best Value Apartments for Rent in Prairie Grove, IL and Nearby
As of May 07, 2026 the best value apartment in the Prairie Grove area is the $1.67 price per square foot 3 Bedroom Model at The Schoolhouse Apartments in the in the Arrowhead neighborhood starting from $2,500. The second greatest value Prairie Grove apartment is the One bedroom/long den Model at The Villas At Patriot Estates starting at $1,972 with a $1.47 price per square foot in the Lincoln Hills neighborhood. Here is today’s list of the best values for Prairie Grove apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Schoolhouse Apartments | 3 Bedroom | 3BR,2BA | $1.67 |
| The Villas At Patriot Estates | One bedroom/long den | 1BR,2.5BA | $1.47 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.82 |
| Stone Edge Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.41 |
| Darlington Court Apartments | Two Bedroom/ One and 1/2 Bath | 2BR,1.5BA | $1.80 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.70 |
| Patriot Prairie of Woodstock | 2X1 | 2BR,1BA | $1.79 |
| Silver Creek Apartments | 1 Bedroom | 1BR,1BA | $1.70 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1.81 |
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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Frequently Asked Questions about Prairie Grove
What type of rentals are currently available in Prairie Grove?
There are currently 46 Apartments for Rent in Prairie Grove, IL with pricing that ranges from $588 to $3,662. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prairie Grove ranging from $1,275 to $3,700.
What is the current price range for Rental Homes in Prairie Grove?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prairie Grove ranges from $1,275 to $3,700 with an average monthly rent of $2,197.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.