Cheap Apartments for Rent near Prairie View, IL from $1,000 (55 Rentals)

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

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.

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Station 250
Rent Specials
$1,716 - $3,651
Total Monthly Price

Total Monthly Price

Base Rent
$1,716 - $3,651
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Station 250

250 Plaza CirMundelein, IL 60060
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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.

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Brook Run
$1,965 - $4,484
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Total Monthly Price

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$1,965 - $4,484
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1 to 3 Bedroom Apartments Contact Us For Availability

Brook Run

2734 N Buffalo Grove RdArlington Heights, IL 60004
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Albion on Lake Cook
Rent Specials
$1,979 - $4,240
Total Monthly Price

Total Monthly Price

Base Rent
$1,979 - $4,240
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1 to 3 Bedroom Apartments Available Now

Albion on Lake Cook

500 E Constitution DrPalatine, IL 60074
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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.

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Mallard Lake
Studio to 2 Bedroom Apartments

Mallard Lake

1572 Teal LnWheeling, IL 60090
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Villas By The Lake
1 to 2 Bedroom Apartments

Villas By The Lake

300 Lakeside DrVernon Hills, IL 60061
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Foxboro Apartments
1 to 2 Bedroom Apartments

Foxboro Apartments

470 Foxboro DrWheeling, IL 60090
Corporate Housing

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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Windbrooke Crossing
1 to 2 Bedroom Apartments

Windbrooke Crossing

1160 Windbrooke DrBuffalo Grove, IL 60089
Corporate Housing

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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Prairie View, IL Local Guide

Cheapest Available Prairie View Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prairie View, IL is a 1 Bed unit found at Heritage Green Apartments in the Central Vernon Hills neighborhood priced from $1,445. ReNew Lake Arlington in the McHenry Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,479. Here is today’s list of the most affordable Prairie View apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Green Apartments1 BR/1BA1BR,1BA$1,445
ReNew Lake Arlington1x1A1BR,1BA$1,479
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$1,485
Arrowhead ApartmentsA11BR,1BA$1,495
Park Butterfield ApartmentsStudio Floor Plan S1Studio,1BA$1,517
Clover Ridge East ApartmentsAshbury1BR,1BA$1,570
Foxboro ApartmentsAstor1BR,1BA$1,588
Emerald Pointe Apartments1 Bedroom 1 Bath (714 sq ft)1BR,1BA$1,591
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$1,629
Mandalane1A1BR,1BA$1,640

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

As of July 28, 2026 the best value apartment in the Prairie View area is the $2.07 price per square foot D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,772. The second greatest value Prairie View apartment is the Superior Model at Mallard Lake starting at $1,920 with a $1.92 price per square foot in the McHenry Road neighborhood. Here is today’s list of the best values for Prairie View apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Albion on Lake CookD1 - 3 Bed, 2 Bath3BR,2BA$2.07
Mallard LakeSuperior2BR,2BA$1.92
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$2.20
Clover Ridge East ApartmentsAshbury1BR,1BA$1.98
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$2.13
Heritage Green Apartments1 BR/1BA1BR,1BA$1.93
ReNew Lake Arlington1x1A1BR,1BA$1.97
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$2.17
Arrowhead ApartmentsA11BR,1BA$2.10
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$2.09

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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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 View, IL Rentals by Map

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Frequently Asked Questions about Cheap Prairie View Apartments

What is the Cheapest Studio apartment in Prairie View?

Currently the most affordable Cheap Studio Apartment in Prairie View is at Park Butterfield Apartments listed at $1,517.

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

The lowest price for a Cheap One Bedroom Prairie View Apartment is $1,445 at Heritage Green Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Prairie View is starting from $1,732 at Clover Ridge East Apartments.

What is the most affordable Prairie View Three Bedroom Apartment?

The best deal on a cheap Prairie View Three Bedroom Apartment rental is at Albion on Lake Cook and starts from $2,772.

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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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.

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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.

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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.