1806 N Peoria Ave
PeoriaIL61603
Cheap Homes for Rent near Farmington, IL from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Farmington.
505 E Virginia Ave
PeoriaIL61603
824 W Mac Queen Ave
PeoriaIL61604
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.
119 Vanburen Ct
CantonIL61520
412 E Arcadia Ave
PeoriaIL61603
5917 W Plank Rd
BellevueIL61604
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.
5812 W Farmington Rd
PeoriaIL61604
Showing Results 1-7, Page 1 of 1
Farmington, IL Local Guide
Route 66 by russellstreet is licensed under CC BY 2.0
How much does it cost to rent a home in Farmington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Farmington 2 Bedroom Homes for Rent | $1,261 | $575 | $3,000 |
| Farmington 3 Bedroom Homes for Rent | $1,244 | $680 | $1,750 |
| Farmington 4 Bedroom Homes for Rent | $1,591 | $528 | $2,800 |
| Farmington 5 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
| Farmington 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Farmington
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Farmington, IL Local Guide
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Cheapest Available Farmington Apartments for Rent and Nearby
The cheapest available apartment rental in Farmington, IL is a 1 Bed unit found at The Avenue Apartments in the Averyville neighborhood priced from $795. Hollybrook Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Farmington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenue Apartments | 1B/ 1BA | 1BR,1BA | $795 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $825 |
| ASPEN BLUFF APARTMENTS | One Bedroom One Bathroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Farmington, IL and Nearby
As of July 09, 2026 the best value apartment in the Farmington 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 Farmington apartment is the 2 Bedroom, 2 Bath Model at Camden Hills Apartments starting at $1,300 with a $1.23 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Farmington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Point Apartments | 3 Bedroom 2 Bath | 2BR,2BA | $1.18 |
| Camden Hills Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.23 |
| Covington Court Apartments | CC2BR | 2BR,2BA | $1.26 |
| Covington Place | 2BR/1.5BA Signature In Unit Wash/Dryer | 2BR,1.5BA | $1.15 |
| Brandywine Crossing Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.14 |
| Haymeadow Apartments | Country Seat | 2BR,2BA | $1.25 |
| Glen Willows | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
| Forest Hills Apartments | 1x1 | 1BR,1BA | $1.12 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.15 |
| Hollybrook Apartments | 1 bedroom | 1BR,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.
Read Article
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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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.
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See the most popular apartments and homes in Farmington, IL
Frequently Asked Questions about Farmington
What type of rentals are currently available in Farmington?
There are currently 41 Apartments for Rent in Farmington, IL with pricing that ranges from $547 to $2,092. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmington ranging from $528 to $4,500.
What is the current price range for Rental Homes in Farmington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Farmington ranges from $528 to $4,500 with an average monthly rent of $1,853.
How much are larger Three and Four Bedroom Rentals in Farmington?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Farmington range from $620 to $2,092, while Three Bedroom Homes, Condos, and Townhomes for rent range from $680 to $1,750. Four Bedroom Single-Family rentals are also available starting from $528 and Four Bedroom Apartments start at $630.
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.