Cheap Apartments for Rent near Prairie View, IL from $1,295 (49 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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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
$1,820 - $4,266

Total Monthly Price

Base Rent$1,820 - $4,266
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Brook Run

2734 N Buffalo Grove RdArlington Heights, IL 60004
Affordability
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Albion on Lake Cook
Rent Specials
$1,895 - $3,011

Total Monthly Price

Base Rent$1,895 - $3,011
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Albion on Lake Cook

500 E Constitution DrPalatine, IL 60074
Cost Per Sq.Ft.
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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
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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Villas By The Lake
1 to 2 Bedroom Apartments

Villas By The Lake

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

Foxboro Apartments

470 Foxboro DrWheeling, IL 60090
Corporate Housing
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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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Showing Results 1-49, Page 1 of 1

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 Grosse Pointe Village neighborhood priced from $1,445. Park Butterfield Apartments in the South Vernon Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,471. 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
Park Butterfield Apartments1 Bedroom Floor Plan A11BR,1BA$1,471
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$1,485
ReNew Lake Arlington1x1A1BR,1BA$1,529
Emerald Pointe Apartments1 Bedroom 1 Bath (714 sq ft)1BR,1BA$1,547
Mallard LakeGeneva1BR,1BA$1,570
Foxboro ApartmentsAstor1BR,1BA$1,615
Mandalane1C1BR,1BA$1,640
Pebbleshire ApartmentsOne Bedroom B - Carpet1BR,1BA$1,675
Park Meadows Apartments1BR/1.0BA1BR,1BA$1,675

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

As of September 11, 2026 the best value apartment in the Prairie View area is the $1.85 price per square foot D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,484. The second greatest value Prairie View apartment is the B1 Model at Arrowhead Apartments starting at $1,895 with a $2.12 price per square foot in the Cherrybrook Village 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$1.85
Arrowhead ApartmentsB12BR,1BA$2.12
Mallard LakeGeneva1BR,1BA$1.96
Clover Ridge East ApartmentsAshbury1BR,1BA$2.24
ReNew Lake Arlington1x1A1BR,1BA$2.04
Heritage Green Apartments1 BR/1BA1BR,1BA$1.93
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$2.24
Park Meadows Apartments1BR/1.0BA1BR,1BA$2.24
Emerald Pointe Apartments1 Bedroom 1 Bath (714 sq ft)1BR,1BA$2.17
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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 $1,509.

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 $1,623 at Park Butterfield 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 $2,484.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.