
Cheap Homes for Rent near Anchor, IL from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Anchor.


705 E Timber St

31453 Burt Ct
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

809 Kingsley St

31497 Burt St

31451 Burt Ct
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1404 S Center St
Anchor, IL Local Guide

How much does it cost to rent a home in Anchor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Anchor 2 Bedroom Homes for Rent | $1,683 | $975 | $3,000 |
| Anchor 3 Bedroom Homes for Rent | $1,841 | $1,575 | $2,200 |
| Anchor 4 Bedroom Homes for Rent | $2,360 | $1,995 | $2,950 |
| Anchor 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Anchor
Explore Anchor
Anchor, IL Local Guide
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Cheapest Available Anchor Apartments for Rent and Nearby
 The cheapest available apartment rental in Anchor, IL is a Studio unit found at Bradlee Park Apartments priced from $650. Phoenix Apartments of Pontiac has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Anchor apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bradlee Park Apartments | Studio | Studio,1BA | $650 |
| Phoenix Apartments of Pontiac | One Bedroom Deluxe | 1BR,1BA | $795 |
| Broadmoor Park | Cortez 1 Bedroom 1 Bath | 1BR,1BA | $795 |
Best Value Apartments for Rent in Anchor, IL and Nearby
As of August 05, 2026 the best value apartment in the Anchor area is the $1.23 price per square foot Three Bedroom/Two Bath Model at Wingover Luxury Apartments and Townhomes in the starting from $1,600. The second greatest value Anchor apartment is the The Reggie Renovated Model at The Social Normal starting at $679 with a $0.54 price per square foot . Here is today’s list of the best values for Anchor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wingover Luxury Apartments and Townhomes | Three Bedroom/Two Bath | 3BR,2BA | $1.23 |
| The Social Normal | The Reggie Renovated | 4BR,4BA | $0.54 |
| 3 Stortz Drive | All units | 2BR,2BA | $1.08 |
| 701 Franklin | Apt 5 | 4BR,1BA | $0.45 |
| Ekstam Apartments | 2 Beds 2 Bath | 2BR,2BA | $1.14 |
| The Apartments on Christopher Way | 2 Bed / 2 Bath (1st and 2nd Floor) | 2BR,2BA | $1.27 |
| Rainbow Circle Apartments | 2 Bed / 2 Bath | 2BR,2BA | $1.24 |
| 700 N Adelaide St | Rent Per Student for 2 | 2BR,1.5BA | $0.79 |
| Arbors at Eastland | The Cypress | 2BR,1BA | $1.09 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
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 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Anchor, IL
Frequently Asked Questions about Anchor
What type of rentals are currently available in Anchor?
There are currently 48 Apartments for Rent in Anchor, IL with pricing that ranges from $650 to $10,674. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Anchor ranging from $595 to $3,000.
What is the current price range for Rental Homes in Anchor?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Anchor ranges from $595 to $3,000 with an average monthly rent of $1,847.
How much are larger Three and Four Bedroom Rentals in Anchor?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Anchor range from $798 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $659.
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.