Cheap Homes for Rent in Cherry Valley, IL from $900 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in Cherry Valley.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-15, Page 1 of 1

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 Great Oaks Apartments in the Camp Grant neighborhood priced from $865. Terra Creek Apartments in the East Rockford neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,525. Here is today’s list of the most affordable Cherry Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Great Oaks ApartmentsPrimrose at Great Oaks1BR,1BA$865
Terra Creek ApartmentsSequoia1BR,1BA$1,525
Beacon Hill ApartmentsDahlia Deluxe2BR,1BA$1,545
Pembrook Place ApartmentsLinden | Apartment2BR,1BA$1,624

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

As of July 12, 2025 the best value apartment in the Cherry Valley area is the $1.42 price per square foot Sequoia Model at Terra Creek Apartments in the in the East Rockford neighborhood starting from $1,525. The second greatest value Cherry Valley apartment is the Linden | Apartment Model at Pembrook Place Apartments starting at $1,624 with a $1.62 price per square foot in the Rolling Green 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 ApartmentsSequoia1BR,1BA$1.42
Pembrook Place ApartmentsLinden | Apartment2BR,1BA$1.62
Beacon Hill ApartmentsDahlia Deluxe2BR,1BA$1.86
Great Oaks ApartmentsPrimrose at Great Oaks1BR,1BA$1.57
Furnished Studio-Rockford - I-90Furnished Studio-Rockford - I-90Studio ,1BA$5.20
Furnished Studio-Rockford - State StreetFurnished Studio-Rockford - State StreetStudio ,1BA$5.00

Quick 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.

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Frequently Asked Questions about Cherry Valley

What type of rentals are currently available in Cherry Valley?

There are currently 54 Apartments for Rent in Cherry Valley, IL with pricing that ranges from $491 to $3,150. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherry Valley ranging from $900 to $4,000.

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 $900 to $4,000 with an average monthly rent of $2,139.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.