
Cheap Homes for Rent in Spring Valley, IL from $800 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Spring Valley.


214 S Bloomington St

705 Washington St

704 1/2 6th Ave

407 6th St
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.

501 E Cleveland St

826 N Spalding St

811 S College Ave

611 W Matthews St

605 N Monroe St
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.

621 N Dixon Ave

437 E Marion St, Unit 2E

103 Hollyhock Ln

301 N 1st St

736 N Ottawa Ave
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.

222 Horseshoe Ln
Spring Valley, IL Local Guide

How much does it cost to rent a home in Spring Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spring Valley 2 Bedroom Homes for Rent | $1,192 | $850 | $1,995 |
| Spring Valley 3 Bedroom Homes for Rent | $2,148 | $1,025 | $4,000 |
| Spring Valley 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Spring Valley
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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 |
| Phoenix Apartments of Pontiac | One Bedroom Deluxe | 1BR,1BA | $795 |
| Willow Knolls Apartments | Studio / 1 Bath | Studio,1BA | $799 |
Best Value Apartments for Rent in Spring Valley, IL and Nearby
As of August 21, 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 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 starting at $1,575 with a $1.36 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 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 |
| Kellogg Place Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.23 |
| 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 |
| 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 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
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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 Spring Valley
What type of rentals are currently available in Spring Valley?
There are currently 53 Apartments for Rent in Spring Valley, IL with pricing that ranges from $625 to $2,097. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Valley ranging from $800 to $4,000.
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 $800 to $4,000 with an average monthly rent of $1,617.
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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.