
Cheap Apartments for Rent in Georgetown, IL from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Georgetown.


Brookhaven

Waterview Estates

The Verander

Bailey Student Apartments Available 2026!

The Grove

Townway Place
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.

Urbana Estates

Philo Estates Apartments

30-103 Illinois St

425 N Vermilion St

2 S Walnut St

408 W Main St

1903 N Lincoln Ave
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.

Wabash Shore Apartments

705 W Elm St

302 W Locust St

2204 Alpha Dr

Michigan East - Campus Property Management

610 Harmon St

1011 Giddings St
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.

913 Maple St

1050 Walnut St
Georgetown, IL Local Guide

How much does it cost to rent an apartment in Georgetown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Georgetown Studio Apartments | $1,078 | $525 | $1,399 |
| Georgetown 1 Bedroom Apartments | $1,066 | $650 | $1,769 |
| Georgetown 2 Bedroom Apartments | $1,166 | $800 | $1,845 |
| Georgetown 3 Bedroom Apartments | $1,276 | $486 | $2,000 |
| Georgetown 4 Bedroom Apartments | $1,313 | $785 | $2,080 |
Browse Top Apartments in Georgetown
See all Apartments in GeorgetownExplore Georgetown
Georgetown, IL Local Guide
- Nearby Cities
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Cheapest Available Georgetown Apartments for Rent and Nearby
 The cheapest available apartment rental in Georgetown, IL is a 1 Bed unit found at Brookhaven priced from $717. Waterview Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here is today’s list of the most affordable Georgetown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookhaven | 1 Bed/ 1 Bath | 1BR,1BA | $717 |
| Waterview Estates | 1x1Waterview Estates | 1BR,1BA | $730 |
| The Verander | 1Br | 1BR,1BA | $732 |
| Bailey Student Apartments Available 2026! | 901 W Springfield | 1BR,1BA | $750 |
| The Grove | 1BR | 1BR,1BA | $783 |
Best Value Apartments for Rent in Georgetown, IL and Nearby
As of April 26, 2026 the best value apartment in the Georgetown area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Georgetown apartment is the 3x2-80% Model at Townhomes on Main starting at $1,205 with a $0.81 price per square foot . Here is today’s list of the best values for Georgetown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Townhomes on Main | 3x2-80% | 3BR,2BA | $0.81 |
| Devonshire Village | 2 Bed 2 Bath Private Entry | 2BR,2BA | $1.21 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| 808 N Lincoln Ave. Urbana, IL | 2 Bed / 1 Bath | 2BR,1BA | $1.24 |
| Prairie Green Apartment Homes | 2 Bed 1 Bath | 2BR,1BA | $1.19 |
| The Grove | 2BR | 2BR,1BA | $1.30 |
| Waterview Estates | 1x1Waterview Estates | 1BR,1BA | $1.09 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $1.22 |
10 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.
Best Local Schools in Georgetown, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Georgetown, IL Rentals by Map
See the most popular apartments and homes in Georgetown, IL
Frequently Asked Questions about Cheap Georgetown Apartments
How much is rent for a Cheap One Bedroom Georgetown Apartment?
The lowest price for a Cheap One Bedroom Georgetown Apartment is $717 at Brookhaven.
What is the lowest price for a Cheap Two Bedroom Georgetown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Georgetown is starting from $830 at Waterview Estates.
What is the most affordable Georgetown Three Bedroom Apartment?
The best deal on a cheap Georgetown Three Bedroom Apartment rental is at Townhomes on Main and starts from $927.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.