
Cheap Homes for Rent in Dwight, IL from $900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Dwight.


407 E Seminole St

465-479 N School St

802 Deleon St

206 N Water St
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.

31373 Burt Ct

101 Bannon Dr

1802 Church St

2304 Ashland Dr

111 W Moore St
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.
Dwight, IL Local Guide

How much does it cost to rent a home in Dwight?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Dwight 2 Bedroom Homes for Rent | $1,750 | $900 | $3,200 |
| Dwight 3 Bedroom Homes for Rent | $2,377 | $1,500 | $3,500 |
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Dwight, IL Local Guide
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Cheapest Available Dwight Apartments for Rent and Nearby
 The cheapest available apartment rental in Dwight, IL is a 1 Bed unit found at Phoenix Apartments of Pontiac priced from $795. Stone Falls in the Sunset Point neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here is today’s list of the most affordable Dwight apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Phoenix Apartments of Pontiac | One Bedroom Deluxe | 1BR,1BA | $795 |
| Stone Falls | One Bedroom, Base Package | 1BR,1BA | $949 |
| 811 Covey Ln | 1x1 | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Dwight, IL and Nearby
As of May 03, 2026 the best value apartment in the Dwight area is the $2.24 price per square foot Douglas BF Model at Home at Ashcroft in the in the Ashcroft Place neighborhood starting from $3,600. The second greatest value Dwight apartment is the Two Bedroom B1 Model at Reserve at Fox River Apartments starting at $1,765 with a $1.63 price per square foot in the Whispering Meadows neighborhood. Here is today’s list of the best values for Dwight apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Home at Ashcroft | Douglas BF | 3BR,2BA | $2.24 |
| Reserve at Fox River Apartments | Two Bedroom B1 | 2BR,2BA | $1.63 |
| Monroe Street Apartments | 2BD/1BA - 955 Sq Ft | 2BR,1BA | $2.07 |
| Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
| Ravine Woods Apartments | 2 Bedroom - North | 2BR,1BA | $1.58 |
| 811 Covey Ln | 1x1 | 1BR,1BA | $1.33 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
| Timber Pointe Apartments | Cypress | 1BR,1BA | $2.27 |
| Tudor Park Apartments | Three Bedroom One Bathroom | 3BR,1BA | $1.64 |
| Willow Run of Crest Hill | 1 bedroom | 1BR,1BA | $2.27 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Dwight
What type of rentals are currently available in Dwight?
There are currently 54 Apartments for Rent in Dwight, IL with pricing that ranges from $656 to $4,461. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dwight ranging from $900 to $3,500.
What is the current price range for Rental Homes in Dwight?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Dwight ranges from $900 to $3,500 with an average monthly rent of $2,020.
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.