Cheap Apartments for Rent near Herscher, IL from $700 (49 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Pine Ridge
1 to 2 Bedroom Apartments

Pine Ridge

1112 Parkwood DrJoliet, IL 60432
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420
property at 29837 IL-50

$1,000 - $1,600

1 To 3 Bedroom Rentals

Available Now

29837 IL-50

PeotoneIL60468
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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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1304 E North St
1 to 2 Bedroom Apartments

1304 E North St

1304 E North StBradley, IL 60915
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811 Covey Ln
1 Bedroom Apartments

811 Covey Ln

811 Covey LnCoal City, IL 60416

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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Central Park
1 to 3 Bedroom Apartments

Central Park

11 Fir StPark Forest, IL 60466
property at 318 Liberty St

$1,450 - $1,550

1 To 2 Bedroom Rentals

Available Now

318 Liberty St

MorrisIL60450

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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Showing Results 1-49, Page 1 of 1

Herscher, IL Local Guide

Cheapest Available Herscher Apartments for Rent and Nearby

 

The cheapest available apartment rental in Herscher, IL is a 1 Bed unit found at Phoenix Apartments of Pontiac priced from $795. Crest Apartments in the University Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Herscher apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
Crest ApartmentsStudioStudio,1BA$800
Stone FallsOne Bedroom, Base Package1BR,1BA$949
Pontiac Towers1 Bedroom1BR,1BA$990
Linden Park ApartmentsStudio AStudio,1BA$1,050
Carriage Creek ApartmentsStudio Mid-RiseStudio,1BA$1,135
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
Bays Tower ApartmentsStudio1BR,1BA$1,250
The Woodlands of Crest HillStudio RenovatedStudio,1BA$1,289
Dynasty House Apartments1 Bedroom UNIV1BR,1BA$1,305

Best Value Apartments for Rent in Herscher, IL and Nearby

As of July 23, 2026 the best value apartment in the Herscher area is the $0.91 price per square foot 3BR/1.5BA Model at Bellarmine Estates in the in the Sunset Point neighborhood starting from $2,195. The second greatest value Herscher apartment is the sc3s1.5 Model at Pheasant Run Apartments starting at $1,785 with a $1.82 price per square foot in the Sunset Point neighborhood. Here is today’s list of the best values for Herscher apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bellarmine Estates3BR/1.5BA3BR,1.5BA$0.91
Pheasant Run Apartmentssc3s1.53BR,1.5BA$1.82
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1.72
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
Maple Leaf ApartmentsGarden1BR,1BA$1.66
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Ravine Woods Apartments2 Bedroom2BR,1BA$1.72
Westbridge Apartments1 Bed 1 Bath B Renovated1BR,1BA$1.77
Crest ApartmentsStudioStudio ,1BA$1.78

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 Herscher, IL Rentals by Map

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See the most popular apartments and homes in Herscher, IL

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Frequently Asked Questions about Cheap Herscher Apartments

What is the Cheapest Studio apartment in Herscher?

Currently the most affordable Cheap Studio Apartment in Herscher is at Crest Apartments listed at $800.

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

The lowest price for a Cheap One Bedroom Herscher Apartment is $795 at Phoenix Apartments of Pontiac.

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

Today's best deal for a Cheap Two Bedroom Apartment in Herscher is starting from $895 at Phoenix Apartments of Pontiac.

What is the most affordable Herscher Three Bedroom Apartment?

The best deal on a cheap Herscher 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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.