
Cheap Homes for Rent in Cherry, IL from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Cherry.


9 1/2 N Randolph St

220 7th St

725 Joliet St
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.

1016 N Maple St

106 S 3rd Ave

809 Calhoun St

9 N Randolph St
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.

1320 Maple Dr
Cherry, IL Local Guide

How much does it cost to rent a home in Cherry?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cherry 2 Bedroom Homes for Rent | $1,420 | $900 | $2,500 |
| Cherry 3 Bedroom Homes for Rent | $2,055 | $1,500 | $3,500 |
| Cherry 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Cherry
Explore 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. Dixon River Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. 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 |
| Dixon River Apartments | 2BD/2BA | 2BR,1BA | $775 |
| University Heights Apartments | St | Studio,1BA | $780 |
Best Value Apartments for Rent in Cherry, IL and Nearby
As of June 24, 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 Devonaire Farms neighborhood starting from $2,050. The second greatest value Cherry apartment is the 3 Model at Eco Park starting at $1,290 with a $1.32 price per square foot in the Devonaire Farms neighborhood. 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 |
| Eco Park | 3 | 3BR,2BA | $1.32 |
| 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 |
| Ravine Woods Apartments | 2 Bedroom | 2BR,1BA | $1.72 |
| University Heights Apartments | St | Studio ,1BA | $1.80 |
| Northland Park Apartments | Studio | Studio ,1BA | $1.51 |
| The Terraces at Dekalb on Hillcrest Drive | Hillcrest Drive 1 Bed | 1BR,1BA | $2.06 |
| University Plaza Apartments | A1 Floor Plan | 1BR,1BA | $3.15 |
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 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 Cherry
What type of rentals are currently available in Cherry?
There are currently 43 Apartments for Rent in Cherry, IL with pricing that ranges from $450 to $2,500. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherry ranging from $550 to $3,500.
What is the current price range for Rental Homes in Cherry?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cherry ranges from $550 to $3,500 with an average monthly rent of $1,549.
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

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.

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.

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.