Cheap Homes for Rent in Rolling Meadows, IL from $1,500 (55 Rentals)

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property at 363 E Rimini Ct

363 E Rimini Ct

PalatineIL60067
property at 306 W Miner St

306 W Miner St, Unit X

306 W Miner St
Arlington HeightsIL60005
property at 1 Renaissance Pl

1 Renaissance Pl

PalatineIL60067

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.

property at 810 E Shady Way

810 E Shady Way

Arlington HeightsIL60005

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.

property at 22 Burberry Cir

22 Burberry Cir

SchaumburgIL60173

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Rolling Meadows, IL Local Guide

Cheapest Available Rolling Meadows Apartments for Rent

 

The cheapest available apartment rental in Rolling Meadows, IL is a Studio unit found at Plum Grove in the Pleasant Hill neighborhood priced from $1,300. The Preserve at Woodfield in the Des Plaines Arlington Hts Corridor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,440. Here is today’s list of the most affordable Rolling Meadows apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Plum GroveTwo Room StudioStudio,1BA$1,300
The Preserve at WoodfieldElk1BR,1BA$1,440
Residences at Arlington HeightsThe Meadow1BR,1BA$1,470
214-222 S Pine Ave1BD/1BA1BR,1BA$1,475
Fieldpointe of SchaumburgWillow (S)Studio,1BA$1,519
Ashton Arlington Heights1 Bed/1 Bath1BR,1BA$1,522
Schaumburg- International Village1 Bedroom 1 Bath1BR,1BA$1,551
Orion ParkViewColumbus2BR,1BA$1,577
Hawthorne ApartmentsOne Bedroom1BR,1BA$1,600

Best Value Apartments for Rent in Rolling Meadows, IL

As of October 25, 2025 the best value apartment in the Rolling Meadows area is the $1.87 price per square foot Algonquin Model at The Preserve at Woodfield in the in the Des Plaines Arlington Hts Corridor neighborhood starting from $2,430. The second greatest value Rolling Meadows apartment is the Sheridan - Renovated Model at Orion Arlington Lakes starting at $2,274 with a $1.91 price per square foot in the Downtown Mount Prospect neighborhood. Here is today’s list of the best values for Rolling Meadows apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Preserve at WoodfieldAlgonquin3BR,2BA$1.87
Orion Arlington LakesSheridan - Renovated2BR,2BA$1.91
Willow Bend ApartmentsBichon2BR,1.5BA$1.99
340 W Johnson St, Unit Apt. 2340 W Johnson St2BR,1.5BA$1.63
116 W Wood St, Unit 3 - Penthouse116 W Wood St2BR,2BA$1.90
Ashton Arlington Heights2 Bed/2 Bath2BR,2BA$2.06
158 N Brockway St, Unit 1A158 N Brockway St1BR,1BA$1.61
Schaumburg- International Village1 Bedroom 1 Bath1BR,1BA$2.04
21 Kristin1x1R - (Renovated)1BR,1BA$2.13
214-222 S Pine Ave1BD/1BA1BR,1BA$1.97

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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 Rolling Meadows, IL Rentals by Map

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Frequently Asked Questions about Rolling Meadows

What type of rentals are currently available in Rolling Meadows?

There are currently 188 Apartments for Rent in Rolling Meadows, IL with pricing that ranges from $1,225 to $8,276. There are also 127 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rolling Meadows ranging from $1,500 to $5,000.

What is the current price range for Rental Homes in Rolling Meadows?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rolling Meadows ranges from $1,500 to $5,000 with an average monthly rent of $2,633.

How much are larger Three and Four Bedroom Rentals in Rolling Meadows?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rolling Meadows range from $2,160 to $5,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $5,000. Four Bedroom Single-Family rentals are also available starting from $3,159 and Four Bedroom Apartments start at $8,276.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.