
Cheap Apartments for Rent in Hinckley, IL from $400 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Hinckley.


Amber Manor

Fox Hill Senior Living

The Terraces at Dekalb on Ridge Drive

University Village Apartments

Hunter Star Properties

University Heights Apartments

Ashbury Court
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.

Colonial Townhouses

Varsity Square Apartments

Lincolnshire West

The Terraces at Dekalb

Lucinda Oaks Apartments

Colony West Apartments

Eco Park

Prairie Creek Townhomes
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.

Cortland Estates

Isaac Executive Suites

City Hall Suites

Agora Tower

Yorkville Apartments

Cornerstone Dekalb Apartments

ReNew Aurora

Old Orchard Townhouses
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.

Countryside Village Apartments

Seasons at North Aurora

Reserve at Fox River Apartments

Mason Townhouse Suites

York Meadow

The Terraces at Dekalb on Normal Road

The Terraces at Dekalb on Greenbrier Road

325 W 5th St
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.

Barrington Plaza Realty

311 W Roosevelt St

811 Ellwood Ave

708 S 1st St

2154 Cypress Ct

2817 Hoffman St

1325 Chestnut Ln

1455 Reserve Ln
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.

1535 Reserve Ln

1123 Gillespie Ln

41W655 Main Street Rd
Hinckley, IL Local Guide

How much does it cost to rent an apartment in Hinckley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hinckley Studio Apartments | $913 | $600 | $2,475 |
| Hinckley 1 Bedroom Apartments | $1,220 | $656 | $3,725 |
| Hinckley 2 Bedroom Apartments | $1,450 | $450 | $4,025 |
| Hinckley 3 Bedroom Apartments | $1,597 | $789 | $4,585 |
| Hinckley 4 Bedroom Apartments | $1,528 | $1,295 | $2,150 |
Browse Top Apartments in Hinckley
See all Apartments in HinckleyExplore Hinckley
Hinckley, IL Local Guide
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Cheapest Available Hinckley Apartments for Rent and Nearby
 The cheapest available apartment rental in Hinckley, IL is a 1 Bed unit found at Fox Hill Senior Living in the Raintree Village Duplexes neighborhood priced from $656. The Terraces at Dekalb on Ridge Drive in the Devonaire Farms neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Hinckley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fox Hill Senior Living | 1x1-H-SS | 1BR,1BA | $656 |
| The Terraces at Dekalb on Ridge Drive | Ridge Drive Studio | Studio,1BA | $725 |
| Ashbury Court | ST | Studio,1BA | $815 |
| University Heights Apartments | 1B | 1BR,1BA | $895 |
| The Terraces at Dekalb on Normal Road | Normal Road 1 Bed | 1BR,1BA | $895 |
| The Terraces at Dekalb | Lincoln Hwy 2 Bed | 2BR,1BA | $1,050 |
| Eco Park | 3 | 3BR,2BA | $1,290 |
| Isaac Executive Suites | Junior One Bedroom | Studio,1BA | $1,400 |
| City Hall Suites | 1 BD | 1 BA | 1BR,1BA | $1,400 |
| ReNew Aurora | Ashford | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Hinckley, IL and Nearby
As of April 16, 2026 the best value apartment in the Hinckley area is the $0.98 price per square foot 4 TH Model at Mason Townhouse Suites in the in the Devonaire Farms neighborhood starting from $2,150. The second greatest value Hinckley apartment is the Accera Model at Bristol Bay of Yorkville starting at $2,595 with a $1.74 price per square foot in the Blackberry Crossing West neighborhood. Here is today’s list of the best values for Hinckley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mason Townhouse Suites | 4 TH | 4BR,3BA | $0.98 |
| Bristol Bay of Yorkville | Accera | 2BR,2.5BA | $1.74 |
| Reserve at Fox River Apartments | Two Bedroom B1 | 2BR,2BA | $1.63 |
| Eco Park | 3 | 3BR,2BA | $1.32 |
| Seasons at North Aurora | 1D | 1BR,1BA | $2.24 |
| The Terraces at Dekalb | Lincoln Hwy 2 Bed | 2BR,1BA | $1.39 |
| Fox Hill Senior Living | 1x1-H-SS | 1BR,1BA | $0.91 |
| University Heights Apartments | 1B | 1BR,1BA | $1.58 |
| Countryside Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.86 |
| Ashbury Court | ST | Studio ,1BA | $1.98 |
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
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 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 Hinckley, IL Rentals by Map
See the most popular apartments and homes in Hinckley, IL
Frequently Asked Questions about Cheap Hinckley Apartments
What is the Cheapest Studio apartment in Hinckley?
Currently the most affordable Cheap Studio Apartment in Hinckley is at The Terraces at Dekalb on Ridge Drive listed at $725.
How much is rent for a Cheap One Bedroom Hinckley Apartment?
The lowest price for a Cheap One Bedroom Hinckley Apartment is $656 at Fox Hill Senior Living.
What is the lowest price for a Cheap Two Bedroom Hinckley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hinckley is starting from $925 at The Terraces at Dekalb on Ridge Drive.
What is the most affordable Hinckley Three Bedroom Apartment?
The best deal on a cheap Hinckley Three Bedroom Apartment rental is at The Terraces at Dekalb on Ridge Drive and starts from $1,250.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.