Cheap Homes for Rent in Bunker Hill, IL from $700 (12 Rentals)

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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.

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.

Bunker Hill, IL Local Guide

Cheapest Available Bunker Hill Apartments for Rent and Nearby

 

The cheapest available apartment rental in Bunker Hill, IL is a 1 Bed unit found at Trinity Park in the North Riverfront neighborhood priced from $525. Lotts Landing Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here is today’s list of the most affordable Bunker Hill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Trinity Park1 bedroom, 1 bathroom1BR,1BA$525
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$560
Bilava Village1BD/1BA1BR,1BA$650
Rocwood Apartments1BR Units1BR,1BA$700
The Residences at Bella VistaClassic1BR,1BA$700

Best Value Apartments for Rent in Bunker Hill, IL and Nearby

As of May 07, 2026 the best value apartment in the Bunker Hill area is the $0.88 price per square foot 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes in the in the North Riverfront neighborhood starting from $1,255. The second greatest value Bunker Hill apartment is the B1 Model at Parc at 720 starting at $960 with a $0.77 price per square foot in the Fruit Maple Carpenter neighborhood. Here is today’s list of the best values for Bunker Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$0.88
Parc at 720B12BR,2BA$0.77
Parkview2x1.52BR,1.5BA$1.05
Victorian Village2 Bed 1.5 Bath2BR,1.5BA$1.08
Paddock Village Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.05
Flax Meadow TownhomesTwo Bed2BR,1.5BA$0.81
326 E Central St2 Bed, 1 Bath2BR,1BA$1.03
The Residences at Bella VistaClassic1BR,1BA$1.09
Trinity Park1 bedroom, 1 bathroom1BR,1BA$1.09
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$0.87

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.

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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.

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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.

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

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Frequently Asked Questions about Bunker Hill

What type of rentals are currently available in Bunker Hill?

There are currently 44 Apartments for Rent in Bunker Hill, IL with pricing that ranges from $525 to $3,010. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bunker Hill ranging from $700 to $3,000.

What is the current price range for Rental Homes in Bunker Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bunker Hill ranges from $700 to $3,000 with an average monthly rent of $1,273.

How much are larger Three and Four Bedroom Rentals in Bunker Hill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Bunker Hill range from $859 to $2,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $714.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.