Cheap Homes for Rent in Banner, IL from $600 (15 Rentals)

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Banner, IL Local Guide

Cheapest Available Banner Apartments for Rent and Nearby

 

The cheapest available apartment rental in Banner, IL is a 1 Bed unit found at Linn St Commons in the Averyville neighborhood priced from $600. 8710 W Main St has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Banner apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Linn St Commons1BR/1BA1BR,1BA$600
8710 W Main StStudioStudio,1BA$600
The Avenue Apartments1B/ 1BA1BR,1BA$650
Hollow HillsStudioStudio,1BA$700
Williamsburg TownhousesTwo Bedroom2BR,1BA$785

Best Value Apartments for Rent in Banner, IL and Nearby

As of May 30, 2025 the best value apartment in the Banner area is the $1.45 price per square foot 2 Bed 2 Bath Model at Summer Shade BRAND NEW! in the in the Windchime neighborhood starting from $1,600. The second greatest value Banner apartment is the Farmstead Model at Haymeadow Apartments starting at $949 with a $1.16 price per square foot in the Windchime neighborhood. Here is today’s list of the best values for Banner apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summer Shade BRAND NEW!2 Bed 2 Bath2BR,2BA$1.45
Haymeadow ApartmentsFarmstead2BR,1BA$1.16
Williamsburg TownhousesTwo Bedroom2BR,1BA$0.98
Elm Haven Place$250 MOVE IN SPECIAL1BR,1BA$1.28
Linn St Commons1BR/1BA1BR,1BA$0.87
Hollow HillsStudioStudio ,1BA$1.08
Brandywine Crossing Apartments1 Bedroom G1BR,1BA$1.31
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.34
ASPEN BLUFF APARTMENTSOne Bedroom One Bathroom1BR,1BA$1.34

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Frequently Asked Questions about Banner

What type of rentals are currently available in Banner?

There are currently 46 Apartments for Rent in Banner, IL with pricing that ranges from $575 to $2,450. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banner ranging from $623 to $1,799.

What is the current price range for Rental Homes in Banner?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Banner ranges from $623 to $1,799 with an average monthly rent of $903.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.