Cheap Homes for Rent near Bourbonnais, IL from $900 (9 Rentals)

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

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

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 29837 IL-50

$1,400 - $1,600

2 To 3 Bedroom Rentals

Available Now

29837 IL-50

PeotoneIL60468

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.

Bourbonnais, IL Local Guide

Cheapest Neighborhoods for Apartments in Bourbonnais, IL

Pricing Updated: 07/09/2026

Current apartment rentals in the Bourbonnais, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Bourbonnais Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Summerfield of Bradley$1,900$1,9001
Water Tower Plaza$1,900$1,9001

Cheapest Available Bourbonnais Apartments for Rent and Nearby

 
Apartment ListingModel NameBed/BathPriced From
1304 E North St2 Bedroom, 1 Bath2BR,1BA$1,100

Best Value Apartments for Rent in Bourbonnais, IL and Nearby

As of July 10, 2026 the best value apartment in the Bourbonnais area is the $1.52 price per square foot 1209 Winans Ave Model at 1209 Winans Ave, Unit 3 in the in the Northfield Square Mall neighborhood starting from $1,900. The second greatest value Bourbonnais apartment is the 221 S Cannon Ave Model at 221 S Cannon Ave, Unit 1S starting at $980 with a $1.15 price per square foot in the Northfield Square Mall neighborhood. Here is today’s list of the best values for Bourbonnais apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1209 Winans Ave, Unit 31209 Winans Ave2BR,2BA$1.52
221 S Cannon Ave, Unit 1S221 S Cannon Ave2BR,1BA$1.15

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 Bourbonnais, IL Rentals by Map

View Map
Bourbonnais, IL Apartments Map
View Map
Bourbonnais, IL Rental Homes Map

Frequently Asked Questions about Bourbonnais

What type of rentals are currently available in Bourbonnais?

There are currently 91 Apartments for Rent in Bourbonnais, IL with pricing that ranges from $980 to $1,900. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bourbonnais ranging from $995 to $5,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bourbonnais ranges from $995 to $5,000 with an average monthly rent of $1,958.

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 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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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.