
Cheap Apartments for Rent in Spring Valley, IL from $400 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Spring Valley.


Northland Park Apartments

Fox Hill Senior Living

MEADOWS OF LUKE RIDGE

Dixon River Apartments

Forest Park Apartments

Willow Knolls Apartments
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.

Winkler Village Apartments

Woods + Meadow Apartments

Versailles Apartments

Phoenix Apartments of Pontiac

The Village on University

Willow Way

Westridge Apartments
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.

Tiffany Pointe

15226 Creek Rd

Rock Falls Apartments

205 Sandra Ave

1512 E Gardner Ln

The Grove Apartments

The Hillsides
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.
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 | $734 | $625 | $850 |
| Spring Valley 1 Bedroom Apartments | $1,001 | $656 | $1,580 |
| Spring Valley 2 Bedroom Apartments | $1,296 | $775 | $1,731 |
| Spring Valley 3 Bedroom Apartments | $1,349 | $910 | $1,907 |
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. MEADOWS OF LUKE RIDGE has the second lowest priced unit, which is a 2 Beds apartment currently listed from $670. 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 |
| MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $670 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $675 |
| Willow Knolls Apartments | Studio | Studio,1BA | $700 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
Best Value Apartments for Rent in Spring Valley, IL and Nearby
As of January 28, 2026 the best value apartment in the Spring Valley area is the $1.08 price per square foot Three Bedrooms, Two Bathrooms Model at Flats at Dunlap in the in the Northmoor Knolls neighborhood starting from $1,350. The second greatest value Spring Valley apartment is the 2 Beds, 1 Baths Model at 504 S Sweetbriar Dr starting at $900 with a $0.95 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. |
|---|---|---|---|
| Flats at Dunlap | Three Bedrooms, Two Bathrooms | 3BR,2BA | $1.08 |
| 504 S Sweetbriar Dr | 2 Beds, 1 Baths | 2BR,1BA | $0.95 |
| MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $0.71 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.12 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $1.18 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $1.03 |
| Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio ,1BA | $1.12 |
| Versailles Apartments | Monarch - 1BR / 1BA | 1BR,1BA | $1.17 |
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 ArticleThe 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.
Read ArticleCash 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.
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
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 $670 at MEADOWS OF LUKE RIDGE.
What is the most affordable Spring Valley Three Bedroom Apartment?
The best deal on a cheap Spring Valley Three Bedroom Apartment rental is at MEADOWS OF LUKE RIDGE and starts from $757.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.