Cheap Apartments for Rent near Ashkum, IL from $500 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ashkum.

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420
property at 29837 IL-50

$1,000 - $1,600

1 To 3 Bedroom Rentals

Available Now

29837 IL-50

PeotoneIL60468
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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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1304 E North St
1 to 2 Bedroom Apartments

1304 E North St

1304 E North StBradley, IL 60915
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Ashkum, IL Local Guide

Cheapest Available Ashkum Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ashkum, IL is a 1 Bed unit found at West Liberty Point 1BR priced from $725. 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 Ashkum apartments for rent:

Apartment ListingModel NameBed/BathPriced From
West Liberty Point 1BRWest Liberty Point 1BR - West...1BR,1BA$725
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
Crest ApartmentsStudioStudio,1BA$800
Falcon Way TownhomesTwo Bedroom Townhome2BR,1BA$821
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1BA$931

Best Value Apartments for Rent in Ashkum, IL and Nearby

As of July 29, 2026 the best value apartment in the Ashkum area is the $0.91 price per square foot 3BR/1.5BA Model at Bellarmine Estates in the in the Sunset Point neighborhood starting from $2,195. The second greatest value Ashkum apartment is the South Pointe 3bd/1.5ba Townhouse Model at South Pointe Commons starting at $931 with a $0.89 price per square foot . Here is today’s list of the best values for Ashkum apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bellarmine Estates3BR/1.5BA3BR,1.5BA$0.91
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1.5BA$0.89
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
Olympic Village ApartmentsThe Maple2BR,1BA$1.60
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
Madison Cottage of Rensselaer1x11BR,1BA$1.14
Maple Leaf ApartmentsGarden1BR,1BA$1.66
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Falcon Way TownhomesTwo Bedroom Townhome2BR,1BA$1.03

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.

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Real 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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ashkum, IL Rentals by Map

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See the most popular apartments and homes in Ashkum, IL

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Frequently Asked Questions about Cheap Ashkum Apartments

What is the Cheapest Studio apartment in Ashkum?

Currently the most affordable Cheap Studio Apartment in Ashkum is at Crest Apartments listed at $800.

How much is rent for a Cheap One Bedroom Ashkum Apartment?

The lowest price for a Cheap One Bedroom Ashkum Apartment is $725 at West Liberty Point 1BR.

What is the lowest price for a Cheap Two Bedroom Ashkum Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ashkum is starting from $821 at Falcon Way Townhomes.

What is the most affordable Ashkum Three Bedroom Apartment?

The best deal on a cheap Ashkum Three Bedroom Apartment rental is at South Pointe Commons and starts from $931.

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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.