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Elk Grove Village, IL Condos for Rent

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  • 650 Carroll Square, Elk Grove Village, IL 60007
    650 Carroll Square, Elk Grove Village, IL 60007
    /2

    $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
  • 101 Boardwalk St Unit 2W, Elk Grove Village, IL 60007
    101 Boardwalk St Unit 2W, Elk Grove Village, IL 60007
    101 Boardwalk St Unit 2W, Elk Grove Village, IL 60007
    /14

    $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
  • 908 Knottingham Dr Unit 1A, Schaumburg, IL 60193
    908 Knottingham Dr Unit 1A, Schaumburg, IL 60193
    908 Knottingham Dr Unit 1A, Schaumburg, IL 60193
    /7

    $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
Illinois Cook County

Condos for Rent in Elk Grove Village, IL

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 $90,000 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 $2,250 per month in Elk Grove Village, IL, renters typically need to show $6,750 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 14.1, 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, Arlington Heights Central Business District and South Hoffman Estates, each with its own character and price range.

Condo Rental Trends in Elk Grove Village, IL

There are currently 3 condos available for rent in Elk Grove Village, IL. The median rent is $2,250 per month, with 1-bedroom condos renting at $1,513, 2-bedroom condos at $2,250 and 3-bedroom condos at $2,725.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$2,250
Median 1 Bedroom Condo Rent
$1,513
Median 2 Bedroom Condo Rent
$2,250
Median 3 Bedroom Condo Rent
$2,725
How to Rent a Home

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