
Cheap Homes for Rent in the Forest Ridge Neighborhood of Streamwood, IL from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Forest Ridge area of Streamwood.


2500 Mark Thomas Ln

418 St Charles St

265 Percy St, Unit 2N

653 Jay St

1493 Keystone Ct
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

485 Nicole Dr

557 E Shag Bark Ln

800 Brook Dr

1506 McKool Ave

1060 Stillwater Rd

106 Gant Cir
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.

167 Peter Ct
Forest Ridge, Streamwood, IL Local Guide

How much does it cost to rent a home in Forest Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forest Ridge 2 Bedroom Homes for Rent | $2,234 | $1,600 | $3,400 |
| Forest Ridge 3 Bedroom Homes for Rent | $2,882 | $2,200 | $5,670 |
| Forest Ridge 4 Bedroom Homes for Rent | $3,262 | $2,300 | $3,700 |
| Forest Ridge 5 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 3 mile radius of the Forest Ridge Neighborhood of Streamwood, IL.
Explore Streamwood
Forest Ridge, Streamwood, IL Local Guide
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Cheapest Available Forest Ridge Apartments for Rent
 The cheapest available apartment rental in the Forest Ridge area of Chicago, IL is a 2 Beds unit found at Squire Village Apartments priced from $1,156. Hanover Park Blu Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Forest Ridge apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Squire Village Apartments | 2BR/1.5BA | 2BR,1BA | $1,156 |
| Hanover Park Blu Apartments | The Lincoln | 1BR,1BA | $1,295 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $1,430 |
| Bartlett Lakes Apartments | 2 Bedroom 1 Bath (A) | 2BR,1BA | $1,510 |
Best Value Apartments for Rent in Forest Ridge, IL
As of July 16, 2026 the best value apartment in the Forest Ridge area is the $0.88 price per square foot 4BR/1.5BA Model at Squire Village Apartments in the in the Beacon Pointe neighborhood starting from $1,482. The second greatest value Forest Ridge apartment is the 2 Bedroom 1 Bath (A) Model at Bartlett Lakes Apartments starting at $1,510 with a $1.99 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Squire Village Apartments | 4BR/1.5BA | 4BR,1.5BA | $0.88 |
| Bartlett Lakes Apartments | 2 Bedroom 1 Bath (A) | 2BR,1BA | $1.99 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $1.99 |
| Hanover Park Blu Apartments | The Lincoln | 1BR,1BA | $1.92 |
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
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.
Pet Friendly LifestyleForest Ridge, Streamwood, IL
Ranked #4
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Forest Ridge, Streamwood, IL
School data provided by Great Schools
Frequently Asked Questions about Forest Ridge
What type of rentals are currently available in Forest Ridge?
There are currently 54 Apartments for Rent in Forest Ridge, IL with pricing that ranges from $1,100 to $21,258. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Ridge ranging from $1,450 to $6,500.
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 $1,450 to $6,500 with an average monthly rent of $3,265.
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 $1,650 to $1,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $5,670. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,482.
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.
Helpful Local Expert Guides

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.