Cheap Homes for Rent in Spring Valley, IL from $600 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

property at 320 W St Paul St

320 W St Paul St

Spring ValleyIL61362

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.

property at 304 E Main St

304 E Main St

OttawaIL61350

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.

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
Willow Knolls ApartmentsStudioStudio,1BA$700
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$725
Winkler Village Apartments1BD 1BTH1BR,1BA$725

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

As of October 12, 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
504 S Sweetbriar DrModel2BR,1BA$1.11
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.12
Versailles ApartmentsJewel - 1BR / 1BA1BR,1BA$1.10
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$1.12

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

Frequently Asked Questions about Spring Valley

What type of rentals are currently available in Spring Valley?

There are currently 50 Apartments for Rent in Spring Valley, IL with pricing that ranges from $625 to $1,937. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Valley ranging from $650 to $4,500.

What is the current price range for Rental Homes in Spring Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Spring Valley ranges from $650 to $4,500 with an average monthly rent of $1,624.

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 How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.