Cheap Apartments for Rent in Spring Valley, IL from $400 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Spring Valley.

close
View Me
Heather Apartments
1 to 2 Bedroom Apartments

Heather Apartments

1-6 Ponsetti DrSpring Valley, IL 61362

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.

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.

close
View Me
Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614

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.

close
View Me
Rock Falls Apartments
Studio to 2 Bedroom Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
  • Utilities Included
close
View Me
The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included

Spring Valley, IL Local Guide

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. Dixon River Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Spring Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northland Park ApartmentsStudioStudio,1BA$625
Dixon River Apartments1BD/1BA1BR,1BA$675
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$695
Willow Knolls ApartmentsStudioStudio,1BA$700
Winkler Village Apartments1BD 1BTH1BR,1BA$725

Best Value Apartments for Rent in Spring Valley, IL and Nearby

As of September 05, 2025 the best value apartment in the Spring Valley area is the $0.86 price per square foot Three Bed Model at St James Place in the starting from $1,035. The second greatest value Spring Valley apartment is the 3 Bed 1 Bath Model at 1512 E Gardner Ln starting at $795 with a $0.66 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Spring Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
St James PlaceThree Bed3BR,1.5BA$0.86
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$0.66
Brighton Woods2Bed2Bath2BR,2BA$0.95
The Village on UniversityJames at Village South2BR,1BA$0.97
504 S Sweetbriar DrModel2BR,1BA$1.11
Versailles ApartmentsRoyal - 2BR / 1BA2BR,1BA$1.05
Nordic Villa ApartmentsLoft1BR,1BA$1.18
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Dixon River Apartments1BD/1BA1BR,1BA$1.03
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio ,1BA$1.07

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Spring Valley, IL Rentals by Map

View Map
Spring Valley, IL Apartments Map
View Map
Spring Valley, IL Rental Homes Map

Getting Around Spring Valley, IL

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Spring Valley Apartments

What is the Cheapest Studio apartment in Spring Valley?

Currently the most affordable Cheap Studio Apartment in Spring Valley is at Northland Park Apartments listed at $625.

How much is rent for a Cheap One Bedroom Spring Valley Apartment?

The lowest price for a Cheap One Bedroom Spring Valley Apartment is $675 at Dixon River 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 1512 E Gardner Ln and starts from $795.

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.