Cheap Apartments for Rent in Spring Valley, IL from $400 (28 Rentals)

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

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

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.

Read Article

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.

Read Article
close
View Me
Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614
close
View Me
Rock Falls Apartments
Studio Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
  • Utilities Included

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.

Read Article
close
View Me
The Hillsides
2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included
Showing Results 1-28, Page 1 of 1

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. Willow Knolls Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Spring Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northland Park ApartmentsStudioStudio,1BA$625
Willow Knolls ApartmentsStudioStudio,1BA$700
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Dixon River Apartments2BD/2BA2BR,1BA$775
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$775
The Village on UniversityAnderson at Village SouthStudio,1BA$775
The Grove ApartmentsStandard 1 Bed / 1 Bath1BR,1BA$795
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$795
Willis Senior Lofts1 Bedroom1BR,1BA$800

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

As of June 04, 2025 the best value apartment in the Spring Valley area is the $1.14 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,550. 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.
Eagle Point Apartments3 Bedroom 2 Bath2BR,2BA$1.14
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$0.66
The Grove ApartmentsSignature 2 Bed / 1.5 Bath2BR,1.5BA$1.13
504 S Sweetbriar DrModel2BR,1BA$1.11
Versailles ApartmentsRoyal - 2BR / 1BA2BR,1BA$1.05
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$0.94
Dixon River Apartments2BD/2BA2BR,1BA$0.92
Brighton Woods1Bed1Bath1BR,1BA$1.06
Nordic Villa ApartmentsLoft1BR,1BA$1.18
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06

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

Decorative image of map

See the most popular apartments and homes in Spring Valley, IL

View MapSpring Valley, IL Apartments MapView MapSpring 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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $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 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 The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.