
Cheap Apartments for Rent in Diamond, IL from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Diamond.


Pine Meadows Apartments

Larkin Village

The Woodlands of Crest Hill
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.

Mallard Point Apartments

Winchester Manor

311 N Ottawa St
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.

Sutton Place Apartments

Twin Oaks West Apartments

251 Wilcox St
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.
Diamond, IL Local Guide

How much does it cost to rent an apartment in Diamond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Diamond Studio Apartments | $1,803 | $850 | $3,930 |
Diamond 1 Bedroom Apartments | $1,879 | $949 | $4,836 |
Diamond 2 Bedroom Apartments | $2,246 | $643 | $4,827 |
Diamond 3 Bedroom Apartments | $2,834 | $753 | $4,001 |
Browse Top Apartments in Diamond
See all Apartments in DiamondExplore Diamond
Diamond, IL Local Guide
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Cheapest Available Diamond Apartments for Rent and Nearby
 The cheapest available apartment rental in Diamond, IL is a 1 Bed unit found at Stone Falls in the Sunset Point neighborhood priced from $949. Tudor Park Apartments in the Downtown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,209. Here is today’s list of the most affordable Diamond apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stone Falls | One Bedroom, Base Package | 1BR,1BA | $949 |
Tudor Park Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,209 |
311 N Ottawa St | Studio | 1BR,1BA | $1,250 |
The Woodlands of Crest Hill | Cypress | 1BR,1BA | $1,338 |
Ravine Woods Apartments | 2 Bedroom - North | 2BR,1BA | $1,425 |
Best Value Apartments for Rent in Diamond, IL and Nearby
As of July 14, 2025 the best value apartment in the Diamond area is the $1.99 price per square foot Birch Model at Home at Ashcroft in the in the Ashcroft Place neighborhood starting from $3,100. The second greatest value Diamond apartment is the Two Bedroom, Luxury Package Model at Stone Falls starting at $1,259 with a $1.38 price per square foot in the Sunset Point neighborhood. Here is today’s list of the best values for Diamond apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Home at Ashcroft | Birch | 3BR,2.5BA | $1.99 |
Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
Ravine Woods Apartments | 2 Bedroom - North | 2BR,1BA | $1.58 |
Enclave at 127th Apartments | Aria | 1BR,1BA | $2.18 |
Timber Pointe Apartments | Elm | 1BR,1BA | $2.30 |
Willow Run of Crest Hill | 1 bedroom with Den | 1BR,1.5BA | $1.85 |
Sixteen30 | A1 | 1BR,1BA | $2.21 |
Tudor Park Apartments | Three Bedroom One Bathroom | 3BR,1BA | $1.64 |
HighPoint Community Apartments | Maple 2 | 1BR,1BA | $2.24 |
The Woodlands of Crest Hill | Cypress | 1BR,1BA | $2.24 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Diamond, IL Rentals by Map
See the most popular apartments and homes in Diamond, IL
Getting Around Diamond, IL
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Diamond Apartments
How much is rent for a Cheap One Bedroom Diamond Apartment?
The lowest price for a Cheap One Bedroom Diamond Apartment is $949 at Stone Falls.
What is the lowest price for a Cheap Two Bedroom Diamond Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Diamond is starting from $1,209 at Tudor Park Apartments.
What is the most affordable Diamond Three Bedroom Apartment?
The best deal on a cheap Diamond Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.
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.

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.

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.

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.

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.