
Cheap Homes for Rent in Herod, IL from $300 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Herod.


510 Ellen Dr

205 N Mill St

413 3rd St

308 S Bentley St

500 E College St

105 E Poplar 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.

50 Orchard Dr

510 W 5th St

501 E Reeves St

1009 Briarwood Rd

907 W Cherry St

103 N Russell St

402 S Bentley St
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.

1500 E Parham St

301 E Olive St

1004 N Radcliffe St

1217 N 9th St

3 Briarwood Rd

1305 W Copeland St

1005 E Carter 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.
Herod, IL Local Guide

How much does it cost to rent a home in Herod?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Herod 2 Bedroom Homes for Rent | $974 | $675 | $1,375 |
| Herod 3 Bedroom Homes for Rent | $1,527 | $399 | $2,500 |
| Herod 4 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
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Herod, IL Local Guide
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Cheapest Available Herod Apartments for Rent and Nearby
 The cheapest available apartment rental in Herod, IL is a Studio unit found at ASHBURN COURT APARTMENTS priced from $450. Saluki Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $460. Here is today’s list of the most affordable Herod apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| ASHBURN COURT APARTMENTS | 0BR/1.0BA | Studio,1BA | $450 |
| Saluki Apartments | Studio | Studio,1BA | $460 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $495 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $625 |
Best Value Apartments for Rent in Herod, IL and Nearby
As of June 14, 2026 the best value apartment in the Herod area is the $0.89 price per square foot 1X1 Model at 2600 Fairway Dr in the starting from $1,600. The second greatest value Herod apartment is the 2 Bedroom | 2 Bath Model at The Lory of Greenway Village starting at $1,325 with a $1.06 price per square foot . Here is today’s list of the best values for Herod apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2600 Fairway Dr | 1X1 | 3BR,2.5BA | $0.89 |
| The Lory of Greenway Village | 2 Bedroom | 2 Bath | 2BR,2BA | $1.06 |
| Westcreek Villas | Hadley | 2BR,2BA | $1.24 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| Cedar Creek Rentals | Cedar Creek 1 | 2BR,1BA | $1.25 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Chesapeake | B1 | 2BR,1BA | $1.01 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $1.20 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Herod
What type of rentals are currently available in Herod?
There are currently 46 Apartments for Rent in Herod, IL with pricing that ranges from $295 to $3,600. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Herod ranging from $399 to $2,500.
What is the current price range for Rental Homes in Herod?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Herod ranges from $399 to $2,500 with an average monthly rent of $1,475.
How much are larger Three and Four Bedroom Rentals in Herod?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Herod range from $650 to $1,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $399 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $295.
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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.