Cheap Homes for Rent in Prairie Grove, IL from $1,100 (10 Rentals)

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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.

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

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 McHenry Commons in the Lincoln Hills neighborhood priced from $576. 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 ListingModel NameBed/BathPriced From
McHenry CommonsSugar Maple - 30% AMI1BR,1BA$576
Wauconda Park Apartments1 Bed / 1 Bath1BR,1BA$1,200
Fawn Ridge ApartmentsSummit Plus1BR,1BA$1,273

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

As of June 22, 2026 the best value apartment in the Prairie Grove area is the $1.86 price per square foot Forestwood Model at Redwood Volo in the in the Liberty Lakes - Freedom Series neighborhood starting from $2,405. The second greatest value Prairie Grove apartment is the Champion Single Wide Model at Oakbrook Estates- Senior 55+ Community starting at $1,500 with a $1.25 price per square foot in the Fox Trails 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 VoloForestwood2BR,2BA$1.86
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.25
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.82
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1.36
The Blake at Fox RiverSheffield2BR,2BA$1.92
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.72
McHenry CommonsSugar Maple - 60% AMI1BR,1BA$1.70
Coventry Glen Apartments1 Bdrm/1 Bath-2nd FlrP1BR,1BA$1.91
Fawn Ridge ApartmentsSummit Plus1BR,1BA$1.78
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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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 47 Apartments for Rent in Prairie Grove, IL with pricing that ranges from $576 to $3,698. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prairie Grove ranging from $1,195 to $4,300.

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 $1,195 to $4,300 with an average monthly rent of $2,188.

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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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.