3500 N Dirksen Pkwy
SpringfieldIL62702
Cheap Homes for Rent in Chestnut, IL from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Chestnut.
1363 E Johns Ave
DecaturIL62521
759 E Lawrence St
DecaturIL62521
615 Harper Ave
DecaturIL62526
1609 E Johns Ave
DecaturIL62521
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.
1274 W Green St
DecaturIL62522
815 E William St
DecaturIL62521
1010 N 12th St
SpringfieldIL62702
968 W View St
DecaturIL62522
117 S Elder Ln
DecaturIL62522
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.
111 S Elder Ln
DecaturIL62522
545 W William St
DecaturIL62522
462 W Leafland Ave
DecaturIL62522
249 N 17th St
DecaturIL62521
1612 W Hunt St
DecaturIL62526
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.
Showing Results 1-15, Page 1 of 1
Chestnut, IL Local Guide
Train and field by David Wilson is licensed under CC BY 2.0
How much does it cost to rent a home in Chestnut?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chestnut 2 Bedroom Homes for Rent | $995 | $575 | $1,400 |
| Chestnut 3 Bedroom Homes for Rent | $1,197 | $530 | $2,200 |
| Chestnut 4 Bedroom Homes for Rent | $1,350 | $1,350 | $1,350 |
| Chestnut 5 Bedroom Homes for Rent | $3,850 | $3,850 | $3,850 |
Browse Top Homes for Rent in Chestnut
Explore Chestnut
Chestnut, IL Local Guide
- Nearby Cities
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Cheapest Available Chestnut Apartments for Rent and Nearby
The cheapest available apartment rental in Chestnut, IL is a 1 Bed unit found at Lincoln Senior Flats priced from $400. RESERVE AT LAKEVIEW has the second lowest priced unit, which is a 1 Bed apartment currently listed from $421. Here is today’s list of the most affordable Chestnut apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Senior Flats | 1 Bed 1 Bath | 1BR,1BA | $400 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
Best Value Apartments for Rent in Chestnut, IL and Nearby
As of July 02, 2026 the best value apartment in the Chestnut area is the $0.75 price per square foot 2BR/ 1BA Model at East Douglas Apartments in the in the Downtown Bloomington neighborhood starting from $900. The second greatest value Chestnut apartment is the One Bedroom Model at Centre @ 501 Apartments starting at $1,200 with a $1.11 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| East Douglas Apartments | 2BR/ 1BA | 2BR,1BA | $0.75 |
| Centre @ 501 Apartments | One Bedroom | 1BR,1BA | $1.11 |
| The Grove at Main | 2/2 LTRA | 2BR,2BA | $1.09 |
| Currency Commons Apartments | 2B1B | 2BR,1BA | $1.00 |
| Safe Harbor Properties | 2 Bdr 1 Bath with Balcony. Capitol View. | 2BR,1BA | $1.08 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| Decatur Flats Apartments | 2 bed 1 bath Renovated | 2BR,1BA | $1.03 |
| 2474 N Florian | 10 | 2BR,1.5BA | $1.13 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
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.
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.
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Explore Chestnut, IL Rentals by Map
See the most popular apartments and homes in Chestnut, IL
Frequently Asked Questions about Chestnut
What type of rentals are currently available in Chestnut?
There are currently 48 Apartments for Rent in Chestnut, IL with pricing that ranges from $400 to $9,418. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chestnut ranging from $530 to $3,850.
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 $530 to $3,850 with an average monthly rent of $1,670.
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.