Cheap Homes for Rent in Chillicothe, IL from $700 (18 Rentals)

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

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.

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property at 1313 W Chestnut St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

1313 W Chestnut St, Unit A

1313 W Chestnut St
ChillicotheIL61523

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.

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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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Chillicothe, IL Local Guide

Cheapest Available Chillicothe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Chillicothe, IL is a Studio unit found at Hollow Hills in the Windchime neighborhood priced from $700. Winkler Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Chillicothe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hollow HillsStudioStudio,1BA$700
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Willow Knolls ApartmentsStudioStudio,1BA$750
Hollybrook Apartments1 bedroom1BR,1BA$825
Nordic Villa ApartmentsLoft1BR,1BA$875

Best Value Apartments for Rent in Chillicothe, IL and Nearby

As of May 31, 2026 the best value apartment in the Chillicothe area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Chillicothe apartment is the HCIV2S1FP Model at Hollow Creek IV Apartments starting at $1,400 with a $1.22 price per square foot in the Windchime neighborhood. Here is today’s list of the best values for Chillicothe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Point Apartments3 Bedroom 2 Bath2BR,2BA$1.18
Hollow Creek IV ApartmentsHCIV2S1FP2BR,2BA$1.22
Camden Hills Apartments2 Bedroom, 2 Bath2BR,2BA$1.23
Covington Court ApartmentsCC2BR2BR,2BA$1.26
Glen Willows2 Bedroom 1 Bathroom2BR,1BA$1.06
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.15
Forest Hills Apartments1x11BR,1BA$1.12
Hollybrook Apartments1 bedroom1BR,1BA$1.06
The Village on UniversityCollins at Village South1BR,1BA$1.24
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06

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.

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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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Quick Rent Budget Calculator

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Chillicothe

What type of rentals are currently available in Chillicothe?

There are currently 46 Apartments for Rent in Chillicothe, IL with pricing that ranges from $700 to $2,675. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chillicothe ranging from $758 to $3,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chillicothe ranges from $758 to $3,500 with an average monthly rent of $1,494.

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.

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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.