Cheap Apartments for Rent in Trout Valley, IL from $1,200 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Trout Valley.

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.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Trout Valley, IL Local Guide

Cheapest Available Trout Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Trout Valley, IL is a 1 Bed unit found at 200 S Lincoln in the Waterford of Algonquin neighborhood priced from $1,400. Meadowdale Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,450. Here is today’s list of the most affordable Trout Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
200 S Lincoln1BD/1BA1BR,1BA$1,400
Meadowdale Apartments2 Bedroom 1 Bath 810 sq ft2BR,1BA$1,450
Darlington Court ApartmentsOne Bedroom/ One Bath1BR,1BA$1,477
Eden Prairie Apartments2 Bed 1 Bath A Level 32BR,1BA$1,545
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1,550
Springs at Three OaksSGO | Studio Grand OverlookStudio,1BA$1,557
Crystal Lake Apartments1 Bedroom1BR,1BA$1,635
Skyridge Club ApartmentsMeadowlark1BR,1BA$1,660
WoodcreekApt B2BR,2BA$1,680
Randall VillageThe Monet1BR,1BA$1,695

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

As of April 29, 2026 the best value apartment in the Trout Valley area is the $1.67 price per square foot 3 Bedroom Model at The Schoolhouse Apartments in the in the Arrowhead neighborhood starting from $2,500. The second greatest value Trout Valley apartment is the One bedroom/long den Model at The Villas At Patriot Estates starting at $1,972 with a $1.47 price per square foot in the Lincoln Hills neighborhood. Here is today’s list of the best values for Trout Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Schoolhouse Apartments3 Bedroom3BR,2BA$1.67
The Villas At Patriot EstatesOne bedroom/long den1BR,2.5BA$1.47
Redwood Fox River GroveForestwood2BR,2BA$2.03
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
WoodcreekApt B2BR,2BA$1.60
Eastbanks of Lake Zurich1/11BR,1BA$2.08
The Landings of Lake Zurich1 Bdrm/1 Bath1BR,1BA$2.07
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Eden Prairie Apartments2 Bed 1 Bath A Renovated Level 22BR,1BA$2.02
Meadowdale Apartments2 Bedroom 1 Bath 810 sq ft2BR,1BA$1.79

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

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 Trout Valley, IL Rentals by Map

View Map
Trout Valley, IL Apartments Map
View Map
Trout Valley, IL Rental Homes Map

Frequently Asked Questions about Cheap Trout Valley Apartments

What is the Cheapest Studio apartment in Trout Valley?

Currently the most affordable Cheap Studio Apartment in Trout Valley is at Springs at Three Oaks listed at $1,557.

How much is rent for a Cheap One Bedroom Trout Valley Apartment?

The lowest price for a Cheap One Bedroom Trout Valley Apartment is $1,300 at The Cornell Luxury Apartments.

What is the lowest price for a Cheap Two Bedroom Trout Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Trout Valley is starting from $1,450 at Meadowdale Apartments.

What is the most affordable Trout Valley Three Bedroom Apartment?

The best deal on a cheap Trout Valley Three Bedroom Apartment rental is at Oakbrook Estates- Senior 55+ Community and starts from $1,700.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.