Cheap Homes for Rent in Blackstone, IL from $500 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Blackstone.

property at 1321 Maple Dr

$800

1 Bedroom, 1 Bath Home for Rent

Available Now

1321 Maple Dr

PeruIL61354
property at 809 Calhoun St

$875

1 Bedroom, 1 Bath Home for Rent

Available Now

809 Calhoun St

PeruIL61354

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.

property at 1320 Maple Dr

$900

2 Bedroom, 1 Bath Home for Rent

Available Now

1320 Maple Dr

PeruIL61354

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.

Blackstone, IL Local Guide

Cheapest Available Blackstone Apartments for Rent and Nearby

 

The cheapest available apartment rental in Blackstone, IL is a 1 Bed unit found at Phoenix Apartments of Pontiac priced from $795. Ironwood Gardens Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $897. Here is today’s list of the most affordable Blackstone apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
Ironwood Gardens ApartmentsStudioStudio,1BA$897
300 Shelbourne1/11BR,1BA$905

Best Value Apartments for Rent in Blackstone, IL and Nearby

As of June 17, 2026 the best value apartment in the Blackstone area is the $0.95 price per square foot Oakbrook Model at BayOak in the starting from $1,113. The second greatest value Blackstone apartment is the 2 Bedroom 1.5 Bath Townhouse. Model at Lincoln Square Apartments starting at $1,030 with a $1.07 price per square foot . Here is today’s list of the best values for Blackstone apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
BayOakOakbrook2BR,2BA$0.95
Lincoln Square Apartments2 Bedroom 1.5 Bath Townhouse.2BR,1.5BA$1.07
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
811 Covey Ln1x11BR,1BA$1.33
Pheasant Run Apartmentssc2s2BR,1BA$1.49
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
Briarwood II2BR Bay Window with Updated Cabinets and Luxury...2BR,1BA$1.31
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Pinecrest ApartmentsAscent - 2 BD W/ Den / 1BA2BR,1BA$1.64
300 Shelbourne1/11BR,1BA$1.57

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Blackstone, IL Rentals by Map

View Map
Blackstone, IL Apartments Map
View Map
Blackstone, IL Rental Homes Map

Frequently Asked Questions about Blackstone

What type of rentals are currently available in Blackstone?

There are currently 46 Apartments for Rent in Blackstone, IL with pricing that ranges from $656 to $6,707. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Blackstone ranging from $550 to $3,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Blackstone ranges from $550 to $3,200 with an average monthly rent of $1,703.

How much are larger Three and Four Bedroom Rentals in Blackstone?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Blackstone range from $798 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,000. Four Bedroom Single-Family rentals are also available starting from $2,575 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

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.