Cheap Apartments for Rent in Hamel, IL from $500 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
119 Wolf
2 Bedroom Apartments

119 Wolf

119 Wolf AveHamel, IL 62046

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.

Read Article

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.

Read Article

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.

Read Article

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-41, Page 1 of 1

Hamel, IL Local Guide

Cheapest Available Hamel Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hamel, IL is a 1 Bed unit found at Trinity Park in the North Riverfront neighborhood priced from $525. The Residences at Bella Vista in the North Riverfront neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Hamel apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Trinity Park1 bedroom, 1 bathroom1BR,1BA$525
The Residences at Bella VistaClassic1BR,1BA$700
Rocwood Apartments1BR Units1BR,1BA$700
Flax Meadow TownhomesTwo Bed2BR,1BA$715
Cedar Point ApartmentsEfficiencyStudio,1BA$775
The Georgetown Apartments1 Bed, 1 bath1BR,1BA$775
Bilava Village1BD/1BA1BR,1BA$795
326 E Central St2 Bed, 1 Bath2BR,1BA$875
Spanish Lake TownhomesLuna1BR,1BA$900
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$970

Best Value Apartments for Rent in Hamel, IL and Nearby

As of April 29, 2026 the best value apartment in the Hamel area is the $0.88 price per square foot 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes in the in the North Riverfront neighborhood starting from $1,255. The second greatest value Hamel apartment is the B1 Model at Parc at 720 starting at $935 with a $0.75 price per square foot in the Fruit Maple Carpenter neighborhood. Here is today’s list of the best values for Hamel apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$0.88
Parc at 720B12BR,2BA$0.75
The Residences at Bella VistaClassic3BR,2BA$0.97
Victorian Village2 Bed 1.5 Bath2BR,1.5BA$1.08
Paddock Village Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.05
Flax Meadow TownhomesTwo Bed2BR,1.5BA$0.81
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.12
326 E Central St2 Bed, 1 Bath2BR,1BA$1.03
Trinity Park1 bedroom, 1 bathroom1BR,1BA$1.09
Rocwood Apartments1BR Units1BR,1BA$1.13

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 Article
Decorative image

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
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Hamel, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Hamel, IL

View Map
Hamel, IL Apartments Map
View Map
Hamel, IL Rental Homes Map

Frequently Asked Questions about Cheap Hamel Apartments

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

The lowest price for a Cheap One Bedroom Hamel Apartment is $525 at Trinity Park.

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

Today's best deal for a Cheap Two Bedroom Apartment in Hamel is starting from $625 at Trinity Park.

What is the most affordable Hamel Three Bedroom Apartment?

The best deal on a cheap Hamel Three Bedroom Apartment rental is at Flax Meadow Townhomes and starts from $883.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.