16 E Old Willow Rd
Prospect HeightsIL60070
Cheap Homes for Rent in Wheeling, IL from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Wheeling.
870 E Old Willow Rd, Unit 262
870 E Old Willow Rd
Prospect HeightsIL60070
923 Jonathon Ct, Unit 304
923 Jonathon Ct
Prospect HeightsIL60070
1080 N Wheeling Rd, Unit B4
1080 N Wheeling Rd
Mount ProspectIL60056
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.
6 Villa Verde Dr, Unit 207
6 Villa Verde Dr
Buffalo GroveIL60089
922 E Old Willow Rd
Prospect HeightsIL60070
1519 N Windsor Dr, Unit #210
1519 N Windsor Dr
Arlington HeightsIL60004
841 Blossom Ln
Prospect HeightsIL60070
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.
932 E Old Willow Rd
Prospect HeightsIL60070
Showing Results 1-9, Page 1 of 1
Wheeling, IL Local Guide
How much does it cost to rent a home in Wheeling?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wheeling 2 Bedroom Homes for Rent | $2,323 | $1,700 | $2,900 |
| Wheeling 3 Bedroom Homes for Rent | $3,195 | $2,100 | $5,850 |
| Wheeling 4 Bedroom Homes for Rent | $3,412 | $3,100 | $4,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Wheeling
Explore Wheeling
Wheeling, IL Local Guide
- Wheeling Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Wheeling Apartments for Rent and Nearby
The cheapest available apartment rental in Wheeling, IL is a 1 Bed unit found at Foxboro Apartments in the Dundee Road neighborhood priced from $1,535. Mallard Lake in the McHenry Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,570. Here is today’s list of the most affordable Wheeling apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Foxboro Apartments | Astor | 1BR,1BA | $1,535 |
| Mallard Lake | Geneva | 1BR,1BA | $1,570 |
| Circle Hill Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1,600 |
Best Value Apartments for Rent in Wheeling, IL and Nearby
As of June 08, 2026 the best value apartment in the Wheeling area is the $1.56 price per square foot 2 BR/ 2 BA Model at Piper Lane in the in the North Northfield neighborhood starting from $1,950. The second greatest value Wheeling apartment is the Northpoint 2 Split Model at Briarwood Terrace Apartments starting at $1,795 with a $1.76 price per square foot in the North Northfield neighborhood. Here is today’s list of the best values for Wheeling apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Piper Lane | 2 BR/ 2 BA | 2BR,2BA | $1.56 |
| Briarwood Terrace Apartments | Northpoint 2 Split | 2BR,2BA | $1.76 |
| 931 Jonathon Ct, Unit River Trails | 931 Jonathon Ct | 2BR,2BA | $1.84 |
| 301 Riverwalk Place | The Elm | 1BR,1BA | $2.38 |
| Foxboro Apartments | Fairfield | 2BR,1.25BA | $2.32 |
| Circle Hill Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.84 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $2.03 |
| Mallard Lake | Geneva | 1BR,1BA | $1.96 |
| ReNew Lake Arlington | 1x1A | 1BR,1BA | $2.17 |
| Park Meadows LLC | 1BR/1.0BA | 1BR,1BA | $2.24 |
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
Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
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.
Let everyone know!
Do you know the Wheeling area?
If you’re an expert on all things Wheeling, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Wheeling, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wheeling, IL Rentals by Map
See the most popular apartments and homes in Wheeling, IL
Frequently Asked Questions about Wheeling
What type of rentals are currently available in Wheeling?
There are currently 235 Apartments for Rent in Wheeling, IL with pricing that ranges from $1,350 to $17,583. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wheeling ranging from $1,250 to $5,850.
What is the current price range for Rental Homes in Wheeling?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wheeling ranges from $1,250 to $5,850 with an average monthly rent of $2,352.
How much are larger Three and Four Bedroom Rentals in Wheeling?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wheeling range from $2,110 to $17,583, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $5,850. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $10,000.
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
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.