Cheap Homes for Rent in Elk Grove Village, IL from $1,300 (13 Rentals)

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Elk Grove Village, IL Local Guide

Cheapest Available Elk Grove Village Apartments for Rent

 

The cheapest available apartment rental in Elk Grove Village, IL is a 1 Bed unit found at ReNew Des Plaines South in the Lions Park neighborhood priced from $1,295. Colonial Village in the Far Northwest Suburban Cook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,355. Here is today’s list of the most affordable Elk Grove Village apartments for rent:

Apartment ListingModel NameBed/BathPriced From
ReNew Des Plaines SouthDes Plaines South - Efficiency 1 Bedroom1BR,1BA$1,295
Colonial VillageOne Bedroom, Standard1BR,1BA$1,355
Cypress PlaceA11BR,1BA$1,379
Terraces of Elk Grove1 Bedroom, 1 Bath (600 sq ft)1BR,1BA$1,430
Orion Elk GroveThe Eagle1BR,1BA$1,433

Best Value Apartments for Rent in Elk Grove Village, IL

As of April 25, 2025 the best value apartment in the Elk Grove Village area is the $1.84 price per square foot 2BR/2.0BA Model at Roselle Station Apartments in the starting from $2,443. The second greatest value Elk Grove Village apartment is the Sheridan Model at Orion Arlington Lakes starting at $2,148 with a $1.81 price per square foot in the Downtown Mount Prospect neighborhood. Here is today’s list of the best values for Elk Grove Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Roselle Station Apartments2BR/2.0BA2BR,2BA$1.84
Orion Arlington LakesSheridan2BR,2BA$1.81
A&K Luxury Apartments1B/1B w/Dining or Home Office1BR,1BA$1.86
The Eagles1x1 deluxe1BR,1BA$1.92
Orion ParkViewWells - Renovated2BR,2BA$2.17
Colonial VillageOne Bedroom, Standard1BR,1BA$1.72
Ashton Arlington Heights1 Bed/1 Bath1BR,1BA$1.83
Cypress PlaceA31BR,1BA$2.17
ReNew Des Plaines NorthDes Plaines North - 1x11BR,1BA$2.13
The Eclipse at 1450Willow1BR,1BA$2.01

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Frequently Asked Questions about Elk Grove Village

What type of rentals are currently available in Elk Grove Village?

There are currently 221 Apartments for Rent in Elk Grove Village, IL with pricing that ranges from $1,170 to $6,500. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk Grove Village ranging from $1,300 to $3,995.

What is the current price range for Rental Homes in Elk Grove Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elk Grove Village ranges from $1,300 to $3,995 with an average monthly rent of $2,644.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.