Cheap Homes for Rent in Chestnut, IL from $600 (19 Rentals)

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

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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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.

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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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Chestnut, IL Local Guide

Cheapest Available Chestnut Apartments for Rent and Nearby

 

The cheapest available apartment rental in Chestnut, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Washington Senior Apartments in the Downtown Bloomington neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $548. Here is today’s list of the most affordable Chestnut apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$421
Washington Senior ApartmentsStudioStudio,1BA$548
Bradlee Park ApartmentsStudioStudio,1BA$595
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$625
The Hickox CollectionThe HickoxStudio,1BA$628

Best Value Apartments for Rent in Chestnut, IL and Nearby

As of July 30, 2025 the best value apartment in the Chestnut area is the $1.11 price per square foot Two Bedroom, Two Bath (market) Model at Danbury Court Apartments in the in the Downtown Bloomington neighborhood starting from $1,250. The second greatest value Chestnut apartment is the LOFT Model at Chatterton Place Apartments starting at $1,250 with a $1.19 price per square foot in the Downtown Springfield neighborhood. Here is today’s list of the best values for Chestnut apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Danbury Court ApartmentsTwo Bedroom, Two Bath (market)2BR,2BA$1.11
Chatterton Place ApartmentsLOFTStudio ,1BA$1.19
Lincoln Lofts2 Bedroom2BR,2BA$1.03
2474 N Florian1st Floor2BR,1.5BA$0.94
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
Timber CoveThe Yawl1BR,1BA$1.06
106 S 4th St2 bedroom2BR,1BA$1.21
Safe Harbor PropertiesStudioStudio ,1BA$1.08
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69
Stones Crossing ApartmentsVery nice and updated one bedroom for rent!!!!!1BR,1BA$1.16

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Frequently Asked Questions about Chestnut

What type of rentals are currently available in Chestnut?

There are currently 41 Apartments for Rent in Chestnut, IL with pricing that ranges from $548 to $10,000. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chestnut ranging from $695 to $4,500.

What is the current price range for Rental Homes in Chestnut?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chestnut ranges from $695 to $4,500 with an average monthly rent of $1,799.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.

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

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.