Cheap Homes for Rent near Hopedale, IL from $500 (14 Rentals)

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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.

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.

Hopedale, IL Local Guide

Cheapest Available Hopedale Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hopedale, IL is a 1 Bed unit found at Lincoln Senior Flats priced from $400. Colonial Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Hopedale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lincoln Senior Flats1 Bed 1 Bath1BR,1BA$400
Colonial Village1 Bedroom1BR,1BA$625
Cityscape2 Bedroom2BR,2BA$711
Willow Oaks ApartmentsOne Bedroom1BR,1BA$760
Williamsburg TownhousesOne Bedroom1BR,1BA$795

Best Value Apartments for Rent in Hopedale, IL and Nearby

As of July 10, 2026 the best value apartment in the Hopedale area is the $0.71 price per square foot Sunset Hills Model at Sunset Hills Apartments in the starting from $925. The second greatest value Hopedale apartment is the 2x2 Model at Cedar Creek Apartments starting at $1,395 with a $1.16 price per square foot . Here is today’s list of the best values for Hopedale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Hills ApartmentsSunset Hills3BR,2BA$0.71
Cedar Creek Apartments2x22BR,2BA$1.16
Cypress Ridge Apartments2BR/2.0BA2BR,2BA$1.23
Traditions BloomingtonTwo Bedroom - Market2BR,2BA$1.18
Cityscape2 Bedroom2BR,2BA$0.70
Woodfield Queenwood ApartmentsTwo Bedrooms- Woodfield2BR,1BA$1.08
The Mallard Way Rental Community1 bed 1 bath1BR,1BA$1.22
Lincoln Senior Flats2 Bed 1 Bath2BR,1BA$0.97
Willow Oaks ApartmentsOne Bedroom1BR,1BA$1.04
Colonial Village1 Bedroom1BR,1BA$1.14

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!

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Frequently Asked Questions about Hopedale

What type of rentals are currently available in Hopedale?

There are currently 54 Apartments for Rent in Hopedale, IL with pricing that ranges from $400 to $2,300. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hopedale ranging from $528 to $4,500.

What is the current price range for Rental Homes in Hopedale?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hopedale ranges from $528 to $4,500 with an average monthly rent of $2,167.

How much are larger Three and Four Bedroom Rentals in Hopedale?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hopedale range from $925 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $680 to $2,750. Four Bedroom Single-Family rentals are also available starting from $528 and Four Bedroom Apartments start at $1,000.

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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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.

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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.

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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.