
Cheap Homes for Rent in Essex, IL from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Essex.


101 Bannon Dr

115 N Hickory St

25709 W Bridge St

29837 IL-50

602 Meadowood Ln
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.

318 Liberty St

138 S 1st St

1704 Belleview Ave

144 1st

204 E Washington St

11050 S Lasalle Rd
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.
Essex, IL Local Guide

How much does it cost to rent a home in Essex?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Essex 2 Bedroom Homes for Rent | $1,814 | $1,000 | $3,200 |
| Essex 3 Bedroom Homes for Rent | $2,117 | $1,500 | $2,600 |
| Essex 4 Bedroom Homes for Rent | $3,362 | $2,575 | $4,000 |
Browse Top Homes for Rent in Essex
Explore Essex
Essex, IL Local Guide
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Cheapest Available Essex Apartments for Rent and Nearby
 The cheapest available apartment rental in Essex, IL is a 1 Bed unit found at Stone Falls in the Sunset Point neighborhood priced from $949. Pontiac Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $990. Here is today’s list of the most affordable Essex apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stone Falls | One Bedroom, Base Package | 1BR,1BA | $949 |
| Pontiac Towers | 1 Bedroom | 1BR,1BA | $990 |
| 1304 E North St | 2 Bedroom, 1 Bath | 2BR,1BA | $1,100 |
| The Woodlands of Crest Hill | Studio Classic | Studio,1BA | $1,179 |
| Tudor Park Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,209 |
Best Value Apartments for Rent in Essex, IL and Nearby
As of July 06, 2026 the best value apartment in the Essex area is the $1.86 price per square foot 3 Bedroom UNIV Model at Dynasty House Apartments in the in the University Park neighborhood starting from $1,905. The second greatest value Essex apartment is the sc3s1.5 Model at Pheasant Run Apartments starting at $1,735 with a $1.77 price per square foot in the Sunset Point neighborhood. Here is today’s list of the best values for Essex apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Dynasty House Apartments | 3 Bedroom UNIV | 3BR,2BA | $1.86 |
| Pheasant Run Apartments | sc3s1.5 | 3BR,1.5BA | $1.77 |
| Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
| Maple Leaf Apartments | Garden | 1BR,1BA | $1.66 |
| Sixteen30 | A1 | 1BR,1BA | $2.31 |
| Tudor Park Apartments | Three Bedroom One Bathroom | 3BR,1BA | $1.64 |
| Carriage Creek Apartments | 1 Bed 1 Bath Mid-Rise B (Heat Included) | 1BR,1BA | $1.84 |
| Willow Run of Crest Hill | 1 bedroom | 1BR,1BA | $2.27 |
| The Woodlands of Crest Hill | Cypress Renovated | 1BR,1BA | $2.27 |
| Pontiac Towers | 1 Bedroom | 1BR,1BA | $1.87 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Essex, IL Rentals by Map
See the most popular apartments and homes in Essex, IL
Frequently Asked Questions about Essex
What type of rentals are currently available in Essex?
There are currently 48 Apartments for Rent in Essex, IL with pricing that ranges from $895 to $4,829. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Essex ranging from $1,000 to $4,000.
What is the current price range for Rental Homes in Essex?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Essex ranges from $1,000 to $4,000 with an average monthly rent of $2,208.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.