Cheap Apartments for Rent in Hillsboro, IL from $500 (42 Rentals)

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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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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.

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property at 205 North St

$700 - $900

1 To 3 Bedroom Rentals

Available Now

205 North St

RaymondIL62560

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.

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Pine Woods Apartments
1 to 3 Bedroom Apartments

Pine Woods Apartments

1665 Seven Pines RdSpringfield, IL 62704
  • Utilities Included

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.

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Butler Place
2 Bedroom Apartments

Butler Place

3100 Butler StSpringfield, IL 62703
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-42, Page 1 of 1

Hillsboro, IL Local Guide

Cheapest Available Hillsboro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hillsboro, IL is a 2 Beds unit found at McKay Manor priced from $548. Lotts Landing Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here is today’s list of the most affordable Hillsboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McKay Manor2 Bedroom2BR,1BA$548
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$560
Whispering Pines Apartments1 Bed, 1 Bath - Essential1BR,1BA$600
Rocwood Apartments1BR Units1BR,1BA$700
Lake Pointe ApartmentsOne Bedroom1BR,1BA$860
Pine Ridge ApartmentsOne Bedroom1BR,1BA$875
326 E Central St2 Bed, 1 Bath2BR,1BA$875
Ravenwood TownhomesTownhome2BR,1BA$895
ReNew at AltonPierson1BR,1BA$959
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$970

Best Value Apartments for Rent in Hillsboro, IL and Nearby

As of January 21, 2026 the best value apartment in the Hillsboro area is the $1.09 price per square foot 3 Bedroom Model at Ash Grove in the starting from $1,450. The second greatest value Hillsboro apartment is the 2 Bedroom 2 Bath Model at Prairie Vista starting at $1,250 with a $0.96 price per square foot . Here is today’s list of the best values for Hillsboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ash Grove3 Bedroom3BR,2BA$1.09
Prairie Vista2 Bedroom 2 Bath2BR,2BA$0.96
McKay Manor3 Bedroom3BR,2BA$0.58
Orchard Park3 Bedroom 2 Bath3BR,3BA$0.95
Parc at 720B12BR,2BA$0.72
Ravenwood TownhomesTownhome2BR,1.5BA$0.90
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.12
326 E Central St2 Bed, 1 Bath2BR,1BA$1.03
The Social EdwardsvilleThe Eddie2BR,2BA$1.13
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$0.87

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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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.

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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.

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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 Hillsboro, IL Rentals by Map

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See the most popular apartments and homes in Hillsboro, IL

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Frequently Asked Questions about Cheap Hillsboro Apartments

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

The lowest price for a Cheap One Bedroom Hillsboro Apartment is $560 at Lotts Landing Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Hillsboro is starting from $548 at McKay Manor.

What is the most affordable Hillsboro Three Bedroom Apartment?

The best deal on a cheap Hillsboro Three Bedroom Apartment rental is at McKay Manor and starts from $730.

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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!