Cheap Homes for Rent in Diamond, IL from $1,200 (10 Rentals)

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

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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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.

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Diamond, IL Local Guide

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 ListingModel NameBed/BathPriced From
Stone FallsOne Bedroom, Base Package1BR,1BA$949
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
311 N Ottawa StStudio1BR,1BA$1,250

Best Value Apartments for Rent in Diamond, IL and Nearby

As of May 29, 2025 the best value apartment in the Diamond area is the $2.86 price per square foot Douglas BF Model at Home at Ashcroft in the in the Blackberry Crossing West neighborhood starting from $4,601. The second greatest value Diamond apartment is the Attraction Model at Remington Apartment Homes starting at $1,930 with a $1.72 price per square foot in the International Center neighborhood. Here is today’s list of the best values for Diamond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Home at AshcroftDouglas BF3BR,2BA$2.86
Remington Apartment HomesAttraction2BR,2BA$1.72
Enclave at 127th ApartmentsBurnham w/ Garage2BR,2BA$2.28
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
The Bluffs1E1BR,1BA$2.44
Village Place ApartmentsOak1BR,1BA$2.29
Timber Pointe ApartmentsElm1BR,1BA$2.42
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
HighPoint Community ApartmentsOak 11BR,1BA$2.36
Sixteen30S1Studio ,1BA$2.81

Quick Rent Budget Calculator

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Frequently Asked Questions about Diamond

What type of rentals are currently available in Diamond?

There are currently 53 Apartments for Rent in Diamond, IL with pricing that ranges from $643 to $5,345. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Diamond ranging from $1,250 to $4,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Diamond ranges from $1,250 to $4,200 with an average monthly rent of $2,221.

How much are larger Three and Four Bedroom Rentals in Diamond?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Diamond range from $753 to $4,601, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,970.

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 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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.