Cheap Apartments for Rent in Sleepy Hollow, IL from $800 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in Sleepy Hollow.

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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1862 Mark Ave
1 to 2 Bedroom Apartments

1862 Mark Ave

1862 Mark AveElgin, IL 60123
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1680 Mark Ave
2 Bedroom Apartments

1680 Mark Ave

1680 Mark AveElgin, IL 60123
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546 Eichler Dr
1 to 2 Bedroom Apartments

546 Eichler Dr

546 Eichler DrWest Dundee, IL 60118
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709 Strom Dr
Studio Apartments

709 Strom Dr

709 Strom DrWest Dundee, IL 60118

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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1566 Mark Ave
1 to 2 Bedroom Apartments

1566 Mark Ave

1566 Mark AveElgin, IL 60123
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753 Strom Dr
1 to 2 Bedroom Apartments

753 Strom Dr

753 Strom DrWest Dundee, IL 60118
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52-60 Elm St
2 Bedroom Apartments

52-60 Elm St

52-60 Elm StCarpentersville, IL 60110
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1874 Mark Ave
1 to 2 Bedroom Apartments

1874 Mark Ave

1874 Mark AveElgin, IL 60123

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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438 S 3rd St
1 to 2 Bedroom Apartments

438 S 3rd St

438 S 3rd StWest Dundee, IL 60118
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1289 Abbott Dr
1 to 2 Bedroom Apartments

1289 Abbott Dr

1289 Abbott DrElgin, IL 60123
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Coventry Garden
2 Bedroom Apartments

Coventry Garden

833 Village Quarter RdDundee, IL 60118
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1596 Mark Ave
1 to 2 Bedroom Apartments

1596 Mark Ave

1596 Mark AveElgin, IL 60123
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1370 Getzelman Dr
1 to 2 Bedroom Apartments

1370 Getzelman Dr

1370 Getzelman DrElgin, IL 60123
  • Utilities Included

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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1616 Mark Ave
1 to 2 Bedroom Apartments

1616 Mark Ave

1616 Mark AveElgin, IL 60123
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729 Strom Dr
1 Bedroom Apartments

729 Strom Dr

729 Strom DrWest Dundee, IL 60118

Sleepy Hollow, IL Local Guide

Cheapest Available Sleepy Hollow Apartments for Rent

 

The cheapest available apartment rental in Sleepy Hollow, IL is a 1 Bed unit found at 200 S Lincoln in the Waterford of Algonquin neighborhood priced from $1,400. 1254-1256 Robinwood Drive in the Grant Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,450. Here is today’s list of the most affordable Sleepy Hollow apartments for rent:

Apartment ListingModel NameBed/BathPriced From
200 S Lincoln1BD/1BA1BR,1BA$1,400
1254-1256 Robinwood Drive1254-1256 Robinwood Drive - 1254-...2BR,1BA$1,450
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1,550
Wing Park Residencewp-1bs1BR,1BA$1,550
Reserve Randall RoadAberdeenStudio,1BA$1,786
Villages At CanterfieldHolly2BR,2BA$2,275
Watermark at The Grove2.2I2BR,2BA$2,425

Best Value Apartments for Rent in Sleepy Hollow, IL

As of August 15, 2026 the best value apartment in the Sleepy Hollow area is the $2.14 price per square foot 2.2I Model at Watermark at The Grove in the in the Northwest Elgin neighborhood starting from $2,425. The second greatest value Sleepy Hollow apartment is the 1254-1256 Robinwood Drive - 1254-... Model at 1254-1256 Robinwood Drive starting at $1,450 with a $1.32 price per square foot in the Grant Park neighborhood. Here is today’s list of the best values for Sleepy Hollow apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Watermark at The Grove2.2I2BR,2BA$2.14
1254-1256 Robinwood Drive1254-1256 Robinwood Drive - 1254-...2BR,1BA$1.32
Villages At CanterfieldLaurel2BR,1BA$2.31
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Wing Park Residencewp-1bs1BR,1BA$2.14
Reserve Randall RoadAberdeenStudio ,1BA$2.49
200 S Lincoln1BD/1BA1BR,1BA$2.15

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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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!

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Frequently Asked Questions about Cheap Sleepy Hollow Apartments

What is the Cheapest Studio apartment in Sleepy Hollow?

Currently the most affordable Cheap Studio Apartment in Sleepy Hollow is at Reserve Randall Road listed at $1,786.

How much is rent for a Cheap One Bedroom Sleepy Hollow Apartment?

The lowest price for a Cheap One Bedroom Sleepy Hollow Apartment is $1,400 at 200 S Lincoln.

What is the lowest price for a Cheap Two Bedroom Sleepy Hollow Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sleepy Hollow is starting from $1,450 at 1254-1256 Robinwood Drive.

What is the most affordable Sleepy Hollow Three Bedroom Apartment?

The best deal on a cheap Sleepy Hollow Three Bedroom Apartment rental is at Villages At Canterfield and starts from $2,500.

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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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.

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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.