
Cheap Homes for Rent in Rainbow Hills Neighborhood of St. Charles, IL from $1,500 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Rainbow Hills area of St. Charles.

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.

314 W Main St
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.
Rainbow Hills, St. Charles, IL Local Guide

How much does it cost to rent a home in Rainbow Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rainbow Hills 2 Bedroom Homes for Rent | $3,447 | $1,895 | $5,000 |
| Rainbow Hills 3 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the Rainbow Hills Neighborhood of St. Charles, IL.
Explore St. Charles
Best Value Apartments for Rent in Rainbow Hills, IL
As of January 23, 2026 the best value apartment in the Rainbow Hills area is the $2.44 price per square foot 1 Bedroom Floor Plan A1 Model at Prairie Winds Apartments in the in the Riverfront neighborhood starting from $2,382. The second greatest value Rainbow Hills apartment is the 2bedroom Model at Prairie Pointe starting at $1,725 with a $2.03 price per square foot in the Riverfront neighborhood. Here is today’s list of the best values for Rainbow Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Prairie Winds Apartments | 1 Bedroom Floor Plan A1 | 1BR,1BA | $2.44 |
| Prairie Pointe | 2bedroom | 2BR,1BA | $2.03 |
| The Crossings at St. Charles | I Bedroom | 1BR,1BA | $2.21 |
| Fox Run Apartments | Franklin | 1BR,1.5BA | $2.19 |
| Reserve at Prairie Centre | Buttercup | 1BR,1BA | $2.57 |
| Haven St. Charles | A2.R - 1 Bedroom Renovated | 1BR,1BA | $2.00 |
Frequently Asked Questions about Rainbow Hills
What type of rentals are currently available in Rainbow Hills?
There are currently 40 Apartments for Rent in Rainbow Hills, IL with pricing that ranges from $1,087 to $15,616. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainbow Hills ranging from $1,550 to $5,000.
What is the current price range for Rental Homes in Rainbow Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rainbow Hills ranges from $1,550 to $5,000 with an average monthly rent of $2,497.
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.