Cheap Apartments for Rent in Trout Valley, IL from $1,200 (44 Rentals)

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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.

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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.

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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.

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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.

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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.

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Showing Results 1-44, Page 1 of 1

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 Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood priced from $1,200. Meadowdale Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,235. Here is today’s list of the most affordable Trout Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wauconda Park Apartments1 Bed / 1 Bath1BR,1BA$1,200
Meadowdale Apartments1 Bedroom - 1 Bath 667 sq ft1BR,1BA$1,235
The Cornell Luxury ApartmentsStudio1BR,1BA$1,300
200 S Lincoln1BD/1BA1BR,1BA$1,400
The Church Street Apartments1 Bedroom1BR,1BA$1,400
Eden Prairie Apartments1 Bed 1 Bath Ground Level1BR,1BA$1,450
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1,500
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1,550
Springs at Three OaksSGO | Studio Grand OverlookStudio,1BA$1,552

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

As of June 14, 2026 the best value apartment in the Trout Valley area is the $1.95 price per square foot Willowood Model at Redwood Crystal Lake in the in the Arrowhead neighborhood starting from $2,699. The second greatest value Trout Valley apartment is the Meadowood Model at Redwood Volo starting at $2,571 with a $1.94 price per square foot in the Liberty Lakes - Freedom Series 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.
Redwood Crystal LakeWillowood2BR,2BA$1.95
Redwood VoloMeadowood2BR,2BA$1.94
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
1900 at Canterfield Apartment HomesB4- Upper2BR,2BA$1.94
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1.36
WoodcreekApt B2BR,2BA$1.60
2123 Hillside Ter, Unit 22123 Hillside Ter2BR,1BA$1.89
121 Grove Ave, Unit #2121 Grove Ave2BR,1BA$1.72
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Meadowdale Apartments1 Bedroom - 1 Bath 667 sq ft1BR,1BA$1.85

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.

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Real 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,552.

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

The lowest price for a Cheap One Bedroom Trout Valley Apartment is $1,200 at Wauconda Park 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

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.