
Cheap Apartments for Rent in Hennepin, IL from $400 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Hennepin.


Knoxville Manor Apartments

Willow Knolls Apartments

Hollow Hills

Woods + Meadow Apartments
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.

The Village on University

Winkler Village Apartments

Glenbrook Apartments

Willow Way
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.

Cedar Crossing Apartments

512 Powell St

214 S Bloomington St
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.
Hennepin, IL Local Guide

How much does it cost to rent an apartment in Hennepin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hennepin Studio Apartments | $727 | $650 | $800 |
| Hennepin 1 Bedroom Apartments | $1,072 | $675 | $1,800 |
| Hennepin 2 Bedroom Apartments | $1,343 | $805 | $2,675 |
| Hennepin 3 Bedroom Apartments | $1,337 | $795 | $1,892 |
Browse Top Apartments in Hennepin
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Hennepin, IL Local Guide
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Cheapest Available Hennepin Apartments for Rent and Nearby
 The cheapest available apartment rental in Hennepin, IL is a 1 Bed unit found at Knoxville Manor Apartments in the Northmoor Knolls neighborhood priced from $675. Hollow Hills in the Windchime neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Hennepin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Knoxville Manor Apartments | Garden Level | 1BR,1BA | $675 |
| Hollow Hills | Studio | Studio,1BA | $700 |
| Willow Knolls Apartments | Studio | Studio,1BA | $700 |
| Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio,1BA | $725 |
| The Village on University | King at Village North | Studio,1BA | $725 |
Best Value Apartments for Rent in Hennepin, IL and Nearby
As of November 01, 2025 the best value apartment in the Hennepin 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 Hennepin apartment is the 3 Bed 1 Bath Model at 1512 E Gardner Ln starting at $795 with a $0.66 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Hennepin 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 |
| 1512 E Gardner Ln | 3 Bed 1 Bath | 3BR,1BA | $0.66 |
| Brighton Woods | 2Bed2Bath | 2BR,2BA | $0.95 |
| 504 S Sweetbriar Dr | Model | 2BR,1BA | $1.11 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.12 |
| Versailles Apartments | Jewel - 1BR / 1BA | 1BR,1BA | $1.10 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $1.18 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Hollow Hills | Studio | Studio ,1BA | $1.08 |
| Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio ,1BA | $1.12 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hennepin, IL Rentals by Map
See the most popular apartments and homes in Hennepin, IL
Getting Around Hennepin, IL
Walk Score®
22 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Hennepin Apartments
What is the Cheapest Studio apartment in Hennepin?
Currently the most affordable Cheap Studio Apartment in Hennepin is at Willow Knolls Apartments listed at $700.
How much is rent for a Cheap One Bedroom Hennepin Apartment?
The lowest price for a Cheap One Bedroom Hennepin Apartment is $675 at Knoxville Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Hennepin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hennepin is starting from $895 at Willow Knolls Apartments.
What is the most affordable Hennepin Three Bedroom Apartment?
The best deal on a cheap Hennepin Three Bedroom Apartment rental is at 1512 E Gardner Ln and starts from $795.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.



