Cheap Homes for Rent in Hoffman Estates, IL from $1,500 (28 Rentals)

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

Search the lowest-cost Homes available for rent right now in Hoffman Estates.

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

Read Article
Showing Results 1-28, Page 1 of 1

Hoffman Estates, IL Local Guide

Cheapest Neighborhoods for Apartments in Hoffman Estates, IL

Pricing Updated: 03/24/2025

Current apartment rentals in the Hoffman Estates, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Hoffman Estates Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Bell Works$2,675$1,145751

Cheapest Available Hoffman Estates Apartments for Rent

 

The cheapest available apartment rental in Hoffman Estates, IL is a Studio unit found at Hoffman Hills Apartments in the East Streamwood neighborhood priced from $1,145. Enclave Apartments of Hoffman Estates in the East Streamwood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Hoffman Estates apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hoffman Hills ApartmentsStudioStudio,1BA$1,145
Enclave Apartments of Hoffman EstatesStudioStudio,1BA$1,150
Blackhawk Apartment HomesOne Bedroom - 598 sqft1BR,1BA$1,350
21 Kristin1Ax1R1BR,1BA$1,439
Barrington Lakes ApartmentsOne Bedroom1BR,1BA$1,465
Village in the Park ApartmentsForrester1BR,1BA$1,470
The Grove at Schaumburg ApartmentsPoppy1BR,1BA$1,594
ReNew Poplar CreekAstor1BR,1BA$1,613
Schaumburg- International Village1 Bedroom 1 Bath1BR,1BA$1,671
Versailles on the Lakes SchaumburgToulon - West1BR,1BA$1,699

Best Value Apartments for Rent in Hoffman Estates, IL

As of March 24, 2025 the best value apartment in the Hoffman Estates area is the $2.15 price per square foot Iris Plus Model at Remington Place Apartments in the in the Far Northwest Suburban Cook neighborhood starting from $2,188. The second greatest value Hoffman Estates apartment is the 2 Bedroom Floor Plan B1 Model at Woodbury Place Apartments starting at $1,767 with a $1.84 price per square foot in the West Streamwood neighborhood. Here is today’s list of the best values for Hoffman Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Remington Place ApartmentsIris Plus2BR,2BA$2.15
Woodbury Place Apartments2 Bedroom Floor Plan B12BR,1BA$1.84
ReNew Poplar CreekBishop2BR,1BA$2.09
Village Green of SchaumburgA21BR,1BA$2.34
Barrington Lakes ApartmentsOne Bedroom1BR,1BA$1.80
Schaumburg- International Village1 Bedroom 1 Bath1BR,1BA$2.20
The Grove at Schaumburg ApartmentsPoppy1BR,1BA$2.20
Hoffman Hills Apartments1 Bed 1 Bath Renovated1BR,1BA$2.26
Village in the Park ApartmentsHawthorne Plus1BR,1BA$2.42
Blackhawk Apartment HomesOne Bedroom - 598 sqft1BR,1BA$2.24

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

Frequently Asked Questions about Hoffman Estates

What type of rentals are currently available in Hoffman Estates?

There are currently 118 Apartments for Rent in Hoffman Estates, IL with pricing that ranges from $1,141 to $7,354. There are also 114 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hoffman Estates ranging from $1,550 to $5,800.

What is the current price range for Rental Homes in Hoffman Estates?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hoffman Estates ranges from $1,550 to $5,800 with an average monthly rent of $3,326.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.