
Cheap Homes for Rent in Ashmore, IL from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Ashmore.


1130 Florida Ave

1268 E Dawn Dr

57 S 19th St

2034 N 21st St

676 Delaware Ave
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.

1436 Sycamore St

2403 Locust St

567 Farrington St

702 N 8th St

1416 8th Ave

3148 N 21st St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1400 Wabash Ave

430 2nd Ave

2118 2nd Ave

1659 2nd Ave

1419 S 11th 1/2 St

220 S 14th St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Ashmore, IL Local Guide

How much does it cost to rent a home in Ashmore?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ashmore 2 Bedroom Homes for Rent | $1,068 | $800 | $1,800 |
| Ashmore 3 Bedroom Homes for Rent | $1,401 | $890 | $2,550 |
| Ashmore 5 Bedroom Homes for Rent | $1,536 | $1,300 | $1,750 |
Browse Top Homes for Rent in Ashmore
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Ashmore, IL Local Guide
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Cheapest Available Ashmore Apartments for Rent and Nearby
 The cheapest available apartment rental in Ashmore, IL is a 1 Bed unit found at Westport Apartments priced from $484. Anthony Square Senior Apartments in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Ashmore apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| Anthony Square Senior Apartments | 1 BR, 1 BA | 1BR,1BA | $525 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $610 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
Best Value Apartments for Rent in Ashmore, IL and Nearby
As of June 28, 2026 the best value apartment in the Ashmore area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights in the starting from $1,380. The second greatest value Ashmore apartment is the 2x2 Model at Arbors at Honey Creek starting at $610 with a $0.57 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Ashmore apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Panther Heights | 3 Bed 2.5 Bath | 3BR,2.5BA | $0.99 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.38 |
| Winston Terrace | 2BR/1BA | 2BR,1BA | $0.94 |
| THE GROVE AT FARRINGTON | 2 Bed 1 Bath | 2BR,1BA | $0.90 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| Harrison West | 1 Bedroom | 1BR,1BA | $1.08 |
| Sycamore Place | 2.1 C | 2BR,1BA | $0.80 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Ashmore
What type of rentals are currently available in Ashmore?
There are currently 49 Apartments for Rent in Ashmore, IL with pricing that ranges from $413 to $2,646. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ashmore ranging from $700 to $2,550.
What is the current price range for Rental Homes in Ashmore?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ashmore ranges from $700 to $2,550 with an average monthly rent of $1,199.
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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.