2441 Holmes St
RockfordIL61108
Cheap Homes for Rent near Cherry Valley, IL from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Cherry Valley.
5260 Silver Dawn Ln
RockfordIL61109
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.
4860 Creek View Rd
RockfordIL61108
314 N Longwood St
RockfordIL61107
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.
2809 Bildahl St
RockfordIL61109
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Cherry Valley, IL Local Guide
Maple's during fall by Amanda Landers is licensed under CC BY 2.0
How much does it cost to rent a home in Cherry Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cherry Valley 2 Bedroom Homes for Rent | $1,623 | $1,000 | $2,300 |
| Cherry Valley 3 Bedroom Homes for Rent | $1,787 | $1,400 | $2,400 |
| Cherry Valley 4 Bedroom Homes for Rent | $1,645 | $850 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Cherry Valley
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Cherry Valley, IL Local Guide
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Cheapest Available Cherry Valley Apartments for Rent and Nearby
The cheapest available apartment rental in Cherry Valley, IL is a 2 Beds unit found at Great Oaks Apartments in the Camp Grant neighborhood priced from $1,132. Beacon Hill Apartments in the Camp Grant neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,234. Here is today’s list of the most affordable Cherry Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Great Oaks Apartments | Marigold at Great Oaks | 2BR,1BA | $1,132 |
| Beacon Hill Apartments | Iris | 2BR,1BA | $1,234 |
| Terra Creek Apartments | Yellowstone | 2BR,1BA | $1,565 |
Best Value Apartments for Rent in Cherry Valley, IL and Nearby
As of July 16, 2026 the best value apartment in the Cherry Valley area is the $1.62 price per square foot Chestnut Model at Pembrook Place in the in the Rolling Green neighborhood starting from $1,735. The second greatest value Cherry Valley apartment is the Yellowstone Model at Terra Creek Apartments starting at $1,565 with a $1.61 price per square foot in the East Rockford neighborhood. Here is today’s list of the best values for Cherry Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pembrook Place | Chestnut | 1BR,1BA | $1.62 |
| Terra Creek Apartments | Yellowstone | 2BR,1BA | $1.61 |
| 6840 Harrison Ave, Unit 6840 harrison avenue | 6840 Harrison Ave | 2BR,1BA | $1.13 |
| Beacon Hill Apartments | Iris | 2BR,1BA | $1.76 |
| Great Oaks Apartments | Marigold at Great Oaks | 2BR,1BA | $1.66 |
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 Article
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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See the most popular apartments and homes in Cherry Valley, IL
Frequently Asked Questions about Cherry Valley
What type of rentals are currently available in Cherry Valley?
There are currently 55 Apartments for Rent in Cherry Valley, IL with pricing that ranges from $865 to $2,500. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherry Valley ranging from $695 to $2,500.
What is the current price range for Rental Homes in Cherry Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cherry Valley ranges from $695 to $2,500 with an average monthly rent of $1,490.
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
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.
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.