Cheap Homes for Rent in Forest Ridge Neighborhood of Streamwood, IL from $800 (21 Rentals)

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Search the lowest-cost Homes available for rent right now in the Forest Ridge area of Streamwood.

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 320 Newport Ln

320 Newport Ln

BartlettIL60103

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.

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.

Forest Ridge, Streamwood, IL Local Guide

Cheapest Available Forest Ridge Apartments for Rent

 

The cheapest available apartment rental in the Forest Ridge area of Chicago, IL is a 1 Bed unit found at Bartlett Lakes priced from $1,370. Blackhawk Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,405. Here are the most affordable Forest Ridge apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Bartlett Lakes1 Bedroom 1 Bath (B)1BR,1BA$1,370
Blackhawk Apartment HomesOne Bedroom - 711 sqft1BR,1BA$1,405
Hanover Park Blu ApartmentsThe Buckingham2BR,1BA$1,550
Bartlett Court ApartmentsUpgraded Meridian2BR,1BA$1,900

Best Value Apartments for Rent in Forest Ridge, IL

As of October 13, 2025 the best value apartment in the Forest Ridge area is the $2.11 price per square foot 438 Villa St Model at 438 Villa St, Unit 1 in the in the Beacon Pointe neighborhood starting from $2,325. The second greatest value Forest Ridge apartment is the The Buckingham Model at Hanover Park Blu Apartments starting at $1,550 with a $1.50 price per square foot in the East Streamwood neighborhood. Here is today’s list of the best values for Forest Ridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
438 Villa St, Unit 1438 Villa St4BR,2BA$2.11
Hanover Park Blu ApartmentsThe Buckingham2BR,1BA$1.50
Bartlett Lakes2 Bedroom 1 Bath (B)2BR,1BA$1.86
Bartlett Court ApartmentsUpgraded Meridian2BR,1BA$2.23
Blackhawk Apartment HomesOne Bedroom - 700 sqft1BR,1BA$2.08

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.

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Pet Friendly Lifestyle
Forest Ridge, Streamwood, IL

Ranked #4

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Forest Ridge

What type of rentals are currently available in Forest Ridge?

There are currently 56 Apartments for Rent in Forest Ridge, IL with pricing that ranges from $1,141 to $7,532. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Ridge ranging from $800 to $3,700.

What is the current price range for Rental Homes in Forest Ridge?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Ridge ranges from $800 to $3,700 with an average monthly rent of $2,338.

How much are larger Three and Four Bedroom Rentals in Forest Ridge?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Ridge range from $1,600 to $1,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $2,275.

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.