Cheap Apartments for Rent near Godley, IL from $500 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Godley.

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.

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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.

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Pine Ridge
1 to 2 Bedroom Apartments

Pine Ridge

1112 Parkwood DrJoliet, IL 60432
  • Utilities Included
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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420
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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901
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811 Covey Ln
1 Bedroom Apartments

811 Covey Ln

811 Covey LnCoal City, IL 60416

Cash 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.

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property at 318 Liberty St

$1,450 - $1,550

1 To 2 Bedroom Rentals

Available Now

318 Liberty St

MorrisIL60450

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.

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Showing Results 1-38, Page 1 of 1

Godley, IL Local Guide

Cheapest Available Godley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Godley, IL is a 1 Bed unit found at Stone Falls in the Sunset Point neighborhood priced from $949. Reserve at Fox River in the Whispering Meadows neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,140. Here is today’s list of the most affordable Godley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone FallsOne Bedroom, Base Package1BR,1BA$949
Reserve at Fox River2BR2BR,2BA$1,140
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
Ravine Woods Apartments1 Bedroom1BR,1BA$1,250
Bays Tower ApartmentsStudio1BR,1BA$1,250
The Woodlands of Crest HillCypress1BR,1BA$1,349
Willow Run of Crest Hill1 bedroom1BR,1BA$1,359
24138 - 24158 W Main St24138 W Main St Unit 1022BR,1BA$1,650
The Port1E1BR,1BA$1,675
HighPoint Community ApartmentsMaple 11BR,1BA$1,683

Best Value Apartments for Rent in Godley, IL and Nearby

As of July 11, 2026 the best value apartment in the Godley 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 Godley apartment is the Forestwood Model at Redwood Lockport starting at $2,837 with a $2.19 price per square foot in the Maple Hill neighborhood. Here is today’s list of the best values for Godley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Home at AshcroftDouglas BF3BR,2BA$2.24
Redwood LockportForestwood2BR,2BA$2.19
Reserve at Fox River3BR3BR,2BA$1.78
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
Sixteen30A11BR,1BA$2.31
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Ravine Woods Apartments1 Bedroom1BR,1BA$1.67
The Port1E1BR,1BA$2.31
Willow Run of Crest Hill1 bedroom1BR,1BA$2.27
The Woodlands of Crest HillCypress Renovated1BR,1BA$2.27

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.

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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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Godley, IL Rentals by Map

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See the most popular apartments and homes in Godley, IL

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Frequently Asked Questions about Cheap Godley Apartments

What is the Cheapest Studio apartment in Godley?

Currently the most affordable Cheap Studio Apartment in Godley is at Springs at Lockport listed at $1,763.

How much is rent for a Cheap One Bedroom Godley Apartment?

The lowest price for a Cheap One Bedroom Godley Apartment is $949 at Stone Falls.

What is the lowest price for a Cheap Two Bedroom Godley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Godley is starting from $1,140 at Reserve at Fox River.

What is the most affordable Godley Three Bedroom Apartment?

The best deal on a cheap Godley Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.

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

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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.

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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.

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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.

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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.