759 E Lawrence St
DecaturIL62521
Cheap Homes for Rent in Chestnut, IL from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Chestnut.
821 N Oakland Ave
DecaturIL62522
1729 N Woodford St
DecaturIL62526
830 E Rogers Ave
DecaturIL62521
1311 E Garfield Ave
DecaturIL62526
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.
615 Harper Ave
DecaturIL62526
1363 E Johns Ave
DecaturIL62521
3500 N Dirksen Pkwy
SpringfieldIL62702
347 N Stone St
DecaturIL62521
801 Cantrell Heights St
DecaturIL62521
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.
117 S Elder Ln
DecaturIL62522
111 S Elder Ln
DecaturIL62522
1091 N Oakcrest Ave.
DecaturIL62522
502 E Hargrave St
AthensIL62613
249 N 17th St
DecaturIL62521
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 | $1,025 | $745 | $1,495 |
| Chestnut 3 Bedroom Homes for Rent | $1,348 | $695 | $2,500 |
| Chestnut 4 Bedroom Homes for Rent | $1,550 | $1,550 | $1,550 |
| 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. Roosevelt School Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $502. 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 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $507 |
| Washington Senior Apartments | Studio | Studio,1BA | $546 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
Best Value Apartments for Rent in Chestnut, IL and Nearby
As of May 18, 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 2/1 Vaulted Ceilings LVP Flooring Model at Oak Creek Plaza starting at $1,199 with a $1.04 price per square foot in the Downtown Bloomington 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 |
| Oak Creek Plaza | 2/1 Vaulted Ceilings LVP Flooring | 2BR,1BA | $1.04 |
| Traditions Bloomington | Two Bedroom - Income Restricted | 2BR,2BA | $1.13 |
| Currency Commons Apartments | 2B1B | 2BR,1BA | $1.00 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $0.60 |
| 2474 N Florian | 10 | 2BR,1.5BA | $1.13 |
| Timber Cove | The Yawl | 1BR,1BA | $1.11 |
| Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
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 47 Apartments for Rent in Chestnut, IL with pricing that ranges from $400 to $10,012. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chestnut ranging from $695 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 $695 to $3,850 with an average monthly rent of $1,943.
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
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.
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.
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.
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.