Cheap Apartments for Rent in Cherry Valley, IL from $400 (21 Rentals)

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Millbrook Townhomes
2 to 3 Bedroom Apartments

Millbrook Townhomes

1754 Millbrook LaneCherry Valley, IL 61016
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Cherryvale Apartments
1 to 2 Bedroom Apartments

Cherryvale Apartments

7620-7640 N Cherryvale BlvdCherry Valley, IL 61016

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.

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Walden Woods
2 to 3 Bedroom Apartments

Walden Woods

5523 Sandhutton CtRockford, IL 61108
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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.

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4469 Trevor Cir
1 to 3 Bedroom Apartments

4469 Trevor Cir

4469 Trevor CirRockford, IL 61109
  • Utilities Included
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4520 Governors Dr
2 Bedroom Apartments

4520 Governors Dr

4520 Governors DrRockford, IL 61109
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4581 Trevor Cir
Studio to 3 Bedroom Apartments

4581 Trevor Cir

4581 Trevor CirRockford, IL 61109
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4604 Governors Dr
1 to 2 Bedroom Apartments

4604 Governors Dr

4604 Governors DrRockford, IL 61109
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Midvale Apartments
1 to 2 Bedroom Apartments

Midvale Apartments

5410 Midvale DrRockford, IL 61108
Senior Living
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4504-4520 Trevor Cir
Studio to 2 Bedroom Apartments

4504-4520 Trevor Cir

4504-4520 Trevor CirRockford, IL 61109
  • Utilities Included
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4609 Trevor Cir
1 to 2 Bedroom Apartments

4609 Trevor Cir

4609 Trevor CirRockford, IL 61109
  • Utilities Included

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.

Cherry Valley, IL Local Guide

Cheapest Available Cherry Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cherry Valley, IL is a 1 Bed unit found at Beacon Hill Apartments in the Camp Grant neighborhood priced from $879. Great Oaks Apartments in the Camp Grant neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,178. Here is today’s list of the most affordable Cherry Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beacon Hill ApartmentsPrimrose - Beacon Hill1BR,1BA$879
Great Oaks ApartmentsMarigold at Great Oaks2BR,1BA$1,178
The MeadowsTwo Bedroom Two Bath2BR,2BA$1,500
Terra Creek ApartmentsYellowstone2BR,1BA$1,565

Best Value Apartments for Rent in Cherry Valley, IL and Nearby

As of May 28, 2026 the best value apartment in the Cherry Valley area is the $1.61 price per square foot Yellowstone Model at Terra Creek Apartments in the in the East Rockford neighborhood starting from $1,565. The second greatest value Cherry Valley apartment is the Dahlia Deluxe Model at Beacon Hill Apartments starting at $1,399 with a $1.69 price per square foot in the Camp Grant neighborhood. Here is today’s list of the best values for Cherry Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terra Creek ApartmentsYellowstone2BR,1BA$1.61
Beacon Hill ApartmentsDahlia Deluxe2BR,1BA$1.69
The MeadowsCrossing One Bedroom One Bath1BR,1BA$1.88
Great Oaks ApartmentsMarigold at Great Oaks2BR,1BA$1.73

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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Frequently Asked Questions about Cheap Cherry Valley Apartments

What is the lowest price for a Cheap Two Bedroom Cherry Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cherry Valley is starting from $1,178 at Great Oaks Apartments.

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

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.