Cheap Apartments for Rent in Hinckley, IL from $400 (14 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.

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.

Hinckley, IL Local Guide

Cheapest Available Hinckley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hinckley, IL is a Studio unit found at The Terraces at Dekalb in the Devonaire Farms neighborhood priced from $725. University Heights Apartments in the Devonaire Farms neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $780. Here is today’s list of the most affordable Hinckley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Terraces at DekalbRussell Road StudioStudio,1BA$725
University Heights ApartmentsStStudio,1BA$780
The Terraces at Dekalb on Ridge DriveRidge Drive 1 Bed1BR,1BA$825
Varsity Square ApartmentsStudio1BR,1BA$896
Ashbury Court2B2BR,1BA$1,025

Best Value Apartments for Rent in Hinckley, IL and Nearby

As of December 04, 2025 the best value apartment in the Hinckley area is the $1.18 price per square foot 2E Model at York Meadow in the in the Whispering Meadows neighborhood starting from $2,200. The second greatest value Hinckley apartment is the Barrington Plaza Realty.. Model at Barrington Plaza Realty starting at $1,650 with a $0.98 price per square foot in the Devonaire Farms neighborhood. Here is today’s list of the best values for Hinckley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
York Meadow2E3BR,2BA$1.18
Barrington Plaza RealtyBarrington Plaza Realty..5BR,2BA$0.98
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Amber Manor3 Bedroom Two Bathroom3BR,2BA$1.11
Fox Hill Senior Living2x22BR,2BA$1.28
Cortland EstatesThree Bedroom3BR,2BA$1.33
Reserve at Fox River ApartmentsTwo Bedroom B12BR,2BA$1.63
Lincolnshire West2gu2BR,1.5BA$1.65
Eco Park22BR,2BA$1.46
Ashbury Court2B2BR,1BA$1.24

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Hinckley, IL

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 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 $825 at The Terraces at Dekalb on Ridge Drive.

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 and starts from $1,025.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.