
Cheap Apartments for Rent in Spring Valley, IL from $625 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Spring Valley.


826 N Spalding St

Northland Park Apartments

MEADOWS OF LUKE RIDGE

Dixon River Apartments

Forest Park Apartments

Winkler Village Apartments

Phoenix Apartments of Pontiac

Willow Knolls Apartments
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.

The Grove Apartments

Willis Senior Lofts

Cedar Crossing Apartments

103 W Railroad St

Nordic Villa Apartments

Sterling Towers

The Village on University

1415 W Chestnut St

Versailles Apartments
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.

The Grove Apartments

Hillcrest Apartments

Pontiac Towers

Kellogg Place Apartments

The Mallard Way Rental Community

Ravine Woods Apartments

Westridge Apartments

Tiffany Pointe

Fox Hill Senior Living
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.

Rock Falls Apartments

Woods + Meadow Apartments

2317 2nd St

137 N 4250th Rd

Willow Way

214 S Bloomington St

134 Marquette St

229 231 Clark St

1512 E Gardner Ln
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.

The Hillsides

415-421 W Forrest Lawn Ave

501 E Cleveland St

1413 Dakota Dr

1320 21st St

Williams Street Townhomes

611 W Matthews St

101 E Bannon St

555 W Bluff St
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.

211 Fruit St

1101 Cambridge Dr

1701 English St

1016 10th St
Spring Valley, IL Local Guide

How much does it cost to rent an apartment in Spring Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spring Valley Studio Apartments | $762 | $625 | $850 |
| Spring Valley 1 Bedroom Apartments | $1,202 | $675 | $1,811 |
| Spring Valley 2 Bedroom Apartments | $1,346 | $670 | $1,910 |
| Spring Valley 3 Bedroom Apartments | $1,403 | $757 | $2,107 |
Browse Top Apartments in Spring Valley
See all Apartments in Spring ValleyExplore Spring Valley
Spring Valley, IL Local Guide
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Cheapest Available Spring Valley Apartments for Rent and Nearby
 The cheapest available apartment rental in Spring Valley, IL is a Studio unit found at Northland Park Apartments priced from $625. Winkler Village Apartments in the Woodford County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Spring Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northland Park Apartments | Studio | Studio, 1BA | $625 |
| Winkler Village Apartments | 1BD 1BTH | 1BR, 1BA | $725 |
| Dixon River Apartments | 2BD/2BA | 2BR, 1BA | $775 |
| Willow Knolls Apartments | Studio / 1 Bath | Studio, 1BA | $799 |
| Nordic Villa Apartments | Loft | 1BR, 1BA | $875 |
| 1512 E Gardner Ln | 1BR/1.0BA | 1BR, 1BA | $875 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR, 1BA | $895 |
| The Village on University | Tucker Remodel Garden Level | 1BR, 1BA | $955 |
| The Grove Apartments | Standard 1 Bed / 1 Bath | 1BR, 1BA | $975 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR, 1BA | $979 |
Best Value Apartments for Rent in Spring Valley, IL and Nearby
As of September 19, 2026 the best value apartment in the Spring Valley area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Spring Valley apartment is the Signature 3 Bed, 2 Bath | 1,160 Sq Ft Model at The Grove Apartments in the Northmoor Knolls neighborhood starting at $1,575 with a $1.36 price per square foot. Here is today’s list of the best values for Spring Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Point Apartments | 3 Bedroom 2 Bath | 2BR, 2BA | $1.18 |
| The Grove Apartments | Signature 3 Bed, 2 Bath | 1,160 Sq Ft | 3BR, 2BA | $1.36 |
| Camden Hills Apartments | 2 Bedroom, 2 Bath | 2BR, 2BA | $1.23 |
| Nordic Villa Apartments | Townhouse | 2BR, 1.5BA | $1.28 |
| The Mallard Way Rental Community | 1 bed 1 bath | 1BR, 1BA | $1.22 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR, 1BA | $1.05 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR, 1BA | $1.15 |
| Dixon River Apartments | 2BD/2BA | 2BR, 1BA | $0.92 |
| Woodsage Apartments | 1 Bedroom Unit | 1BR, 1BA | $1.44 |
| Winkler Village Apartments | 1BD 1BTH | 1BR, 1BA | $1.06 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Spring Valley, IL Rentals by Map
See the most popular apartments and homes in Spring Valley, IL
Frequently Asked Questions about Cheap Spring Valley Apartments
How much is rent for a Cheap One Bedroom Spring Valley Apartment?
The lowest price for a Cheap One Bedroom Spring Valley Apartment is $725 at Winkler Village Apartments.
What is the lowest price for a Cheap Two Bedroom Spring Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Spring Valley is starting from $775 at Dixon River Apartments.
What is the most affordable Spring Valley Three Bedroom Apartment?
The best deal on a cheap Spring Valley Three Bedroom Apartment rental is at Dixon River Apartments and starts from $910.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.

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.