
Cheap Apartments for Rent near Cherry, IL from $400 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Cherry.


Northland Park Apartments

Amber Manor

MEADOWS OF LUKE RIDGE

Dixon River Apartments

University Village Apartments

Hunter Star Properties

University Heights Apartments

New Suburban Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Ashbury Court

Cedar Crossing Apartments

The Terraces at Dekalb on Hillcrest Drive

Willis Senior Lofts

Colonial Townhouses

103 W Railroad St

Varsity Square Apartments

504 S Sweetbriar Dr

Sterling Towers
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Terraces at Dekalb

Lucinda Oaks Apartments

Westridge Apartments

Blackhawk Apartments

Fox Hill Senior Living

220 7th St

Rock Falls Apartments

1016 N Maple St

The Grove Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

214 S Bloomington St

9 N Randolph St

407 6th St

118 E Canal St

826 N Spalding St

611 W Matthews St

441 E Marion St, Unit 2E

437 E Marion St, Unit 2E

509 7th Ave
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.

611 W 15th St
Cherry, IL Local Guide

How much does it cost to rent an apartment in Cherry?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cherry Studio Apartments | $745 | $600 | $896 |
| Cherry 1 Bedroom Apartments | $926 | $675 | $1,450 |
| Cherry 2 Bedroom Apartments | $1,122 | $485 | $1,900 |
| Cherry 3 Bedroom Apartments | $1,285 | $910 | $1,680 |
| Cherry 4 Bedroom Apartments | $1,570 | $1,295 | $2,050 |
Browse Top Apartments in Cherry
See all Apartments in CherryExplore Cherry
Cherry, IL Local Guide
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Cheapest Available Cherry Apartments for Rent and Nearby
 The cheapest available apartment rental in Cherry, IL is a Studio unit found at Northland Park Apartments priced from $625. Amber Manor in the Dekalb neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $629. Here is today’s list of the most affordable Cherry apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northland Park Apartments | Studio | Studio,1BA | $625 |
| Amber Manor | Studio A 60% | Studio,1BA | $629 |
| MEADOWS OF LUKE RIDGE | 3 BED 1 BATH | 3BR,1BA | $757 |
| Dixon River Apartments | 2BD/2BA | 2BR,1BA | $775 |
| The Terraces at Dekalb on Hillcrest Drive | Hillcrest Drive 1 Bed | 1BR,1BA | $825 |
| Varsity Square Apartments | Small Corner 1 Bedroom | 1BR,1BA | $928 |
| Ashbury Court | 2B | 2BR,1BA | $1,075 |
| The Terraces at Dekalb | Lincoln Hwy 2 Bed | 2BR,1BA | $1,075 |
| Tudor Park Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,209 |
| Eco Park | 3 | 3BR,2BA | $1,355 |
Best Value Apartments for Rent in Cherry, IL and Nearby
As of July 27, 2026 the best value apartment in the Cherry area is the $0.93 price per square foot 4 TH Model at Mason Townhouse Suites in the in the Dekalb neighborhood starting from $2,050. The second greatest value Cherry apartment is the 3 BED 1 BATH Model at MEADOWS OF LUKE RIDGE starting at $757 with a $0.67 price per square foot . Here is today’s list of the best values for Cherry apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mason Townhouse Suites | 4 TH | 4BR,3BA | $0.93 |
| MEADOWS OF LUKE RIDGE | 3 BED 1 BATH | 3BR,1BA | $0.67 |
| Eco Park | 3 | 3BR,2BA | $1.39 |
| Dixon River Apartments | 2BD/2BA | 2BR,1BA | $0.92 |
| Ashbury Court | 2B | 2BR,1BA | $1.30 |
| Tudor Park Apartments | Three Bedroom One Bathroom | 3BR,1BA | $1.64 |
| The Terraces at Dekalb | Lincoln Hwy 2 Bed | 2BR,1BA | $1.43 |
| Varsity Square Apartments | Small Corner 1 Bedroom | 1BR,1BA | $1.75 |
| Northland Park Apartments | Studio | Studio ,1BA | $1.51 |
| The Terraces at Dekalb on Hillcrest Drive | Hillcrest Drive 1 Bed | 1BR,1BA | $2.06 |
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 Cherry, IL Rentals by Map
See the most popular apartments and homes in Cherry, IL
Frequently Asked Questions about Cheap Cherry Apartments
What is the Cheapest Studio apartment in Cherry?
Currently the most affordable Cheap Studio Apartment in Cherry is at Northland Park Apartments listed at $625.
How much is rent for a Cheap One Bedroom Cherry Apartment?
The lowest price for a Cheap One Bedroom Cherry Apartment is $750 at Northland Park Apartments.
What is the lowest price for a Cheap Two Bedroom Cherry Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Cherry is starting from $775 at Dixon River Apartments.
What is the most affordable Cherry Three Bedroom Apartment?
The best deal on a cheap Cherry Three Bedroom Apartment rental is at MEADOWS OF LUKE RIDGE and starts from $757.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.

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.