
Cheap Homes for Rent in Chapin, IL from $700 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Chapin.


619 S 5th St

502 E Hargrave St

1304 S Walnut St

21 Amos Valley Dr
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.

47 Imperial Valley Dr

2523 W Monroe St

2535 W Monroe St

2831 S 12th St

25 Amos Valley Dr
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.

4 Amos Valley Dr

1 Amos Valley Dr

31 Imperial Valley Dr

3 Amos Valley Dr

19 Sonoma Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

23 Imperial Valley Dr
Chapin, IL Local Guide

How much does it cost to rent a home in Chapin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chapin 2 Bedroom Homes for Rent | $1,106 | $750 | $1,500 |
| Chapin 3 Bedroom Homes for Rent | $1,510 | $1,000 | $2,800 |
| Chapin 4 Bedroom Homes for Rent | $2,100 | $1,300 | $2,950 |
Browse Top Homes for Rent in Chapin
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Chapin, IL Local Guide
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Cheapest Available Chapin Apartments for Rent and Nearby
 The cheapest available apartment rental in Chapin, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $485. 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 Chapin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $485 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $560 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
| Safe Harbor Properties | Studio | Studio,1BA | $730 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
Best Value Apartments for Rent in Chapin, IL and Nearby
As of May 14, 2026 the best value apartment in the Chapin area is the $1.09 price per square foot 3 Bedroom Model at Ash Grove in the starting from $1,450. The second greatest value Chapin apartment is the 2 Bedroom 1 Bath South Model at Orchard Park starting at $1,050 with a $1.06 price per square foot . Here is today’s list of the best values for Chapin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ash Grove | 3 Bedroom | 3BR,2BA | $1.09 |
| Orchard Park | 2 Bedroom 1 Bath South | 2BR,1BA | $1.06 |
| Candles | B1 | 2BR,1.5BA | $1.09 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $1.03 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Safe Harbor Properties | 1st Floor Level | 1BR,1BA | $1.21 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.87 |
| Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.88 |
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 Chapin, IL Rentals by Map
See the most popular apartments and homes in Chapin, IL
Frequently Asked Questions about Chapin
What type of rentals are currently available in Chapin?
There are currently 43 Apartments for Rent in Chapin, IL with pricing that ranges from $347 to $3,400. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapin ranging from $750 to $2,950.
What is the current price range for Rental Homes in Chapin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chapin ranges from $750 to $2,950 with an average monthly rent of $1,404.
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

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.

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.

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.

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.