
Cheap Homes for Rent in Trout Valley, IL from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Trout Valley.


2313 Silverstone Dr

350 College St
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.

439 Berkshire Dr

425 Berkshire Dr

219 Uteg St
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.
Trout Valley, IL Local Guide

How much does it cost to rent a home in Trout Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Trout Valley 2 Bedroom Homes for Rent | $2,095 | $1,595 | $3,197 |
| Trout Valley 3 Bedroom Homes for Rent | $2,849 | $2,450 | $3,900 |
| Trout Valley 4 Bedroom Homes for Rent | $3,658 | $3,000 | $4,500 |
Browse Top Homes for Rent in Trout Valley
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Trout Valley, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1,235 |
| The Cornell Luxury Apartments | Studio | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Trout Valley, IL and Nearby
As of June 12, 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 Forestwood Model at Redwood Volo starting at $2,412 with a $1.86 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Crystal Lake | Willowood | 2BR,2BA | $1.95 |
| Redwood Volo | Forestwood | 2BR,2BA | $1.86 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| Stone Edge Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.36 |
| Woodcreek | Apt B | 2BR,2BA | $1.60 |
| Residence of Fairway Greens | 2.1.5B | 2BR,1.5BA | $1.95 |
| 2123 Hillside Ter, Unit 2 | 2123 Hillside Ter | 2BR,1BA | $1.89 |
| 121 Grove Ave, Unit #2 | 121 Grove Ave | 2BR,1BA | $1.72 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Trout Valley
What type of rentals are currently available in Trout Valley?
There are currently 63 Apartments for Rent in Trout Valley, IL with pricing that ranges from $1,200 to $4,237. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Trout Valley ranging from $1,210 to $4,500.
What is the current price range for Rental Homes in Trout Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Trout Valley ranges from $1,210 to $4,500 with an average monthly rent of $2,498.
How much are larger Three and Four Bedroom Rentals in Trout Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Trout Valley range from $1,500 to $3,662, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $3,900. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $3,400.
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

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.

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.

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.