
Cheap Apartments for Rent in Georgetown, IL from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Georgetown.


Total Monthly Price
Sycamore Estates

Townhomes on Main

Brook Haven Apartments

Waterview Estates

The Verander

Urbana Estates

Townway Place
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2008 S Vawter St

1602 W Main St

1124 N Walnut St

1307 Lape St

1112 N Gilbert St

130 N Franklin St

630 South St

1206.5 Robinson St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

104 E Center St

210 E Walnut St

1005 Oak St

2403 E Main St

705 W Elm St

302 W Locust St

Wabash Shore Apartments

2204 Alpha Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

625.5 Commercial St

Michigan East - Campus Property Management

1135 N Jackson St

1224 E Williams St

619 Harmon St

1206 Robinson St

21 S Beard St

708 Harmon 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.

218 Tennessee Ave

18 Indiana 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 | $997 | $525 | $1,359 |
| Georgetown 1 Bedroom Apartments | $1,109 | $717 | $1,624 |
| Georgetown 2 Bedroom Apartments | $1,232 | $225 | $2,326 |
| Georgetown 3 Bedroom Apartments | $1,244 | $486 | $2,350 |
| Georgetown 4 Bedroom Apartments | $1,209 | $785 | $2,080 |
Browse Top Apartments in Georgetown
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Georgetown, IL Local Guide
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Cheapest Available Georgetown Apartments for Rent and Nearby
 The cheapest available apartment rental in Georgetown, IL is a 2 Beds unit found at Sycamore Estates priced from $225. Wabash Shore Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Georgetown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sycamore Estates | Mobile Home Lot | 2BR,2BA | $225 |
| Wabash Shore Apartments | 1BR/1.0BA | 1BR,1BA | $699 |
| Brookhaven | 1 Bed/ 1 Bath | 1BR,1BA | $717 |
| Waterview Estates | 1x1Waterview Estates | 1BR,1BA | $730 |
| The Verander | 1Br | 1BR,1BA | $732 |
| 2008 S Vawter St | 4 Beds | 4BR,2BA | $800 |
| Townway Place | 1 Beds, 1 Baths | 1BR,1BA | $800 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $800 |
| The Grove | 1BR | 1BR,1BA | $816 |
| Prairie Green Apartment Homes | 2 x 1 | 2BR,1BA | $850 |
Best Value Apartments for Rent in Georgetown, IL and Nearby
As of August 01, 2026 the best value apartment in the Georgetown area is the $0.81 price per square foot 3x2-80% Model at Townhomes on Main in the starting from $1,205. The second greatest value Georgetown apartment is the 2 Bed 2 Bath Sm Apt Model at Devonshire Village starting at $1,206 with a $1.09 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. |
|---|---|---|---|
| Townhomes on Main | 3x2-80% | 3BR,2BA | $0.81 |
| Devonshire Village | 2 Bed 2 Bath Sm Apt | 2BR,2BA | $1.09 |
| 2008 S Vawter St | 3 Beds | 3BR,1BA | $0.97 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| Sycamore Estates | Mobile Home Rental | 3BR,1BA | $0.67 |
| Prairie Green Apartment Homes | 2 x 1 | 2BR,1BA | $1.02 |
| The Grove | 2BR | 2BR,1BA | $1.35 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $1.22 |
| Townway Place | 1 Beds, 1 Baths | 1BR,1BA | $1.33 |
| The Atrium | Single (shared common area) | 1BR,1BA | $1.33 |
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.
Best Local Schools in Georgetown, IL
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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 $699 at Wabash Shore Apartments.
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 $225 at Sycamore Estates.
What is the most affordable Georgetown Three Bedroom Apartment?
The best deal on a cheap Georgetown Three Bedroom Apartment rental is at Sycamore Estates and starts from $600.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.