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Elk Grove Village, IL Condos for Rent

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    $1,440 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    650 Carroll Square, Elk Grove Village, IL 60007

    Property Id: 1146016 Carroll Square Apartments is located in Elk Grove Village. Three blocks from Busse Woods (fishing, hiking, biking trails & boating) and Five minutes from Woodfield Mall. Apartment are updated, spacious and well maintained. INCLUDES HEAT, WATER, COOKING GAS & TRASH. NO FEES.

    650 Carroll Square, Elk Grove Village, IL 60007
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    $1,800 Per Month

    • 2 Beds
    • 1.5 Baths
    • Condo for Rent

    101 Boardwalk St Unit 2W, Elk Grove Village, IL 60007

    Spacious 2-bedroom, 1.1-bath condo featuring a functional layout with generous living and dining areas, a private balcony, and access to community amenities including an outdoor pool. The living room offers comfortable space for seating and entertaining, with sliding door access to the balcony overlooking the landscaped courtyard. The kitchen includes wood cabinetry, black appliances, tile

    Dessi Yordanova Berkshire Hathaway HomeServices Starck Real Estate

    101 Boardwalk St Unit 2W, Elk Grove Village, IL 60007
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    $1,400 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    700 Perrie Dr Unit 416, Elk Grove Village, IL 60007

    THIS TOP FLOOR WELL MAINTAINED 1 BED UNIT IN AN ELEVATOR BUILDING FEATURES A LARGE LAUNDRY AREA, STORAGE UNIT AND EXERCISE AREA WITH BATHROOM ALL WITHIN THE CONFINES OF THE BUILDING!!! PERFECT FOR TODAY'S BUSY LIFE STYLES!!! THERE IS ALSO A GARBAGE SHOOT SO DO NOT HAVE TO LUG GARBAGE UP AND DOWN STAIRS OR THE ELEVATOR!!! GOOD SIZED LIVING & DINING ROOM COMBO HAS SLIDERS TO A PRIVATE BALCONY .

    Marek Prus RE/MAX City

    700 Perrie Dr Unit 416, Elk Grove Village, IL 60007
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    $1,850 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    520 Biesterfield Rd Unit B117, Elk Grove Village, IL 60007

    1 BEDROOM GROUND LEVEL BEAUTIFUL UNIT WITH CENTRAL AIR*LAUNDRY IN UNIT*BIG PRIVATE BALCONY*GARAGE. LARGE BEDROOM W/ WALK-IN CLOSET. REMODELED KITCHEN W/ TABLE SPACE AND NEWER APPLICANCES. UNIT COMES WITH 1 INTERIOR PARKING INSIDE HEATED GARAGE. QUIET WELL MAINTAINED COMPLEX HAS A POOL, LOTS OF OPEN LANDSCAPED PATHS, & LOTS OF VISITOR PARKING. ONE OF THE MOST CONVENIENT LOCATIONS, NEAR I-90, RT

    TADEUSZ DOLECKI RE/MAX Properties Northwest

    520 Biesterfield Rd Unit B117, Elk Grove Village, IL 60007
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    $2,300 Per Month

    • 2 Beds
    • 2 Baths
    • 1,250 Sq Ft
    • Condo for Rent

    908 Knottingham Dr Unit 1A, Schaumburg, IL 60193

    Available September 1st! Beautifully maintained first-floor 2 bed 2 bath condo located in a quiet, highly desirable Schaumburg neighborhood served by excellent schools. This spacious unit offers a functional layout featuring a separate living room and dining room, plus an additional eat-in kitchen area. The updated kitchen is equipped with stainless steel appliances, ample cabinetry, and generous

    Gizem Oztas Baird & Warner

    908 Knottingham Dr Unit 1A, Schaumburg, IL 60193

Frequently Asked Questions

How much does it cost to rent a condo in Elk Grove Village, IL?
The median rent for a condo in Elk Grove Village, IL is $2,250 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Elk Grove Village, IL?
To comfortably afford the median rent in Elk Grove Village, IL, a household needs to earn roughly $108,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,700 per month in Elk Grove Village, IL, renters typically need to show $8,100 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Elk Grove Village, IL?
In Elk Grove Village, IL, the price-to-rent ratio is 11.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Elk Grove Village, IL are best for renting a condo?
The best neighborhood for renting in Elk Grove Village, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include East Schaumburg, Busse Woods, South Schaumburg, Creekside and Arlington Heights Central Business District, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
5
Median Condo Rent
$2,250
Median 1 Bedroom Condo Rent
$1,450
Median 2 Bedroom Condo Rent
$2,250
Median 3 Bedroom Condo Rent
$2,725
How to Rent a Home