
Cheap Homes for Rent in Baldwin, IL from $300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Baldwin.


2609 Sierra Dr

18 N 44th St
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.

129 Sugar Pine Ln

1806 Jamestown Rd

104 N 27th 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.

223 N Virginia Ave
Baldwin, IL Local Guide

How much does it cost to rent a home in Baldwin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Baldwin 2 Bedroom Homes for Rent | $1,172 | $390 | $2,350 |
| Baldwin 3 Bedroom Homes for Rent | $2,070 | $1,450 | $2,975 |
| Baldwin 4 Bedroom Homes for Rent | $2,630 | $2,395 | $2,995 |
| Baldwin 5 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Baldwin 6 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Browse Top Homes for Rent in Baldwin
Explore Baldwin
Baldwin, IL Local Guide
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Cheapest Available Baldwin Apartments for Rent and Nearby
 The cheapest available apartment rental in Baldwin, IL is a Studio unit found at Perryville Senior Apartments priced from $575. Brookside Apartments in the Sullivan Manors neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here is today’s list of the most affordable Baldwin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Perryville Senior Apartments | Efficiency | Studio,1BA | $575 |
| Brookside Apartments | 1 Bedroom Main Street | 1BR,1BA | $730 |
| Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $845 |
Best Value Apartments for Rent in Baldwin, IL and Nearby
As of June 20, 2026 the best value apartment in the Baldwin area is the $1.37 price per square foot Shan B2 Model at Storyboard on Shan in the in the Metro East neighborhood starting from $1,544. The second greatest value Baldwin apartment is the 3 Bd Townhouse w/ Garage Model at BSB Apartments starting at $1,150 with a $1.04 price per square foot in the Metro East neighborhood. Here is today’s list of the best values for Baldwin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Storyboard on Shan | Shan B2 | 2BR,2BA | $1.37 |
| BSB Apartments | 3 Bd Townhouse w/ Garage | 3BR,2BA | $1.04 |
| Reside Here Apartments & Rentals | 2BR/1.5BA | 2BR,1.5BA | $1.09 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Storyboard on Rockwood | Rockwood B2 | 2BR,1.5BA | $1.34 |
| 1400 Sangamon Dr | 2 Beds, 2 baths | 2BR,2BA | $1.15 |
| 54 Ben Louis Dr | 2 Beds, 1 bath | 2BR,1BA | $1.22 |
| Ben Louis Apartments | 2 Bedrooms 1 Bathroom | 2BR,1BA | $1.12 |
| Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $1.36 |
| Brookside Apartments | 1 Bedroom Updated Main Street | 1BR,1BA | $1.30 |
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!
Explore Baldwin, IL Rentals by Map
See the most popular apartments and homes in Baldwin, IL
Frequently Asked Questions about Baldwin
What type of rentals are currently available in Baldwin?
There are currently 51 Apartments for Rent in Baldwin, IL with pricing that ranges from $200 to $2,605. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Baldwin ranging from $390 to $2,995.
What is the current price range for Rental Homes in Baldwin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Baldwin ranges from $390 to $2,995 with an average monthly rent of $1,959.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.