
Cheap Apartments for Rent in Henry, IL from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Henry.


Colonial Village

Knoxville Manor Apartments

Forest Park Apartments

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Hollow Hills

Winkler Village Apartments

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Willow Knolls Apartments

Glenbrook Apartments

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Timberlane 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.

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Nordic Villa Apartments

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The Village on University

Glen Willows

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Versailles Apartments

504 S Sweetbriar Dr

Forest Hill Apartments

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Flats at Dunlap

Hillcrest Apartments

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The Grove Apartments
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.

The Mallard Way Rental Community

Dunlap Lakeside

Tiffany Pointe

Woods + Meadow Apartments

200 W St Paul St

134-136 Fauber Ln

1512 E Gardner Ln

Willow Way

The Hillsides
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.

415-421 W Forrest Lawn Ave

214 S Church St

537 1/2 Bucklin St

526 Fairholm Ave

2408 W Reservoir Blvd

826 N Spalding St

128 N Beech St

3207 W Willow Knolls Dr

1101 Cambridge Dr
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.

3912 N Atlantic Ave
Henry, IL Local Guide

How much does it cost to rent an apartment in Henry?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Henry Studio Apartments | $817 | $700 | $1,102 |
| Henry 1 Bedroom Apartments | $1,113 | $675 | $1,900 |
| Henry 2 Bedroom Apartments | $1,354 | $855 | $2,675 |
| Henry 3 Bedroom Apartments | $1,624 | $1,200 | $2,227 |
Browse Top Apartments in Henry
See all Apartments in HenryExplore Henry
Henry, IL Local Guide
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Cheapest Available Henry Apartments for Rent and Nearby
 The cheapest available apartment rental in Henry, IL is a 1 Bed unit found at Colonial Village priced from $625. Knoxville Manor Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Henry apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colonial Village | 1 Bedroom | 1BR,1BA | $625 |
| Knoxville Manor Apartments | Garden Level | 1BR,1BA | $675 |
| Hollow Hills | Studio | Studio,1BA | $700 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
| Willow Knolls Apartments | Studio | Studio,1BA | $750 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $825 |
| The Village on University | Collins at Village South | 1BR,1BA | $895 |
| 504 S Sweetbriar Dr | 2 Beds, 1 Baths | 2BR,1BA | $900 |
| Timberlane Apartments | Primrose | 1BR,1BA | $906 |
| Forest Hill Apartments | 1x1 | 1BR,1BA | $950 |
Best Value Apartments for Rent in Henry, IL and Nearby
As of April 07, 2026 the best value apartment in the Henry 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 Henry apartment is the 2 Bedroom, 2 Bath Model at Camden Hills Apartments starting at $1,300 with a $1.23 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Henry 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 |
| Camden Hills Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.23 |
| 504 S Sweetbriar Dr | 2 Beds, 1 Baths | 2BR,1BA | $0.95 |
| Glen Willows | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.08 |
| The Mallard Way Rental Community | 1 bed 1 bath | 1BR,1BA | $1.22 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.15 |
| Forest Hill Apartments | 1x1 | 1BR,1BA | $1.12 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $1.18 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Colonial Village | 1 Bedroom | 1BR,1BA | $1.14 |
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
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Henry, IL Rentals by Map
See the most popular apartments and homes in Henry, IL
Frequently Asked Questions about Cheap Henry Apartments
How much is rent for a Cheap One Bedroom Henry Apartment?
The lowest price for a Cheap One Bedroom Henry Apartment is $625 at Colonial Village.
What is the lowest price for a Cheap Two Bedroom Henry Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Henry is starting from $895 at Nordic Villa Apartments.
What is the most affordable Henry Three Bedroom Apartment?
The best deal on a cheap Henry Three Bedroom Apartment rental is at The Mallard Way Rental Community and starts from $1,200.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.