
Cheap Apartments for Rent near Illinois City, IL from $400 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Illinois City.


Duplexes LLC

Century Woods Apartments

Harrison Lofts

Total Monthly Price
Welch Hotel Senior Apartments

RIVERWALK LOFTS

Jebens Court Apartments

Woodland Apartments

3240 Heatherton Dr

1616-1634 W 42nd St
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.

Eagles Crest Apartments

Total Monthly Price
305 1/2 W 3rd St, Unit 305 1/2 - 2nd Floor

Total Monthly Price
101 Neidig Ave, Unit #3

Carriage Hill

Riverbend 3306-3500 Steamboat Way

Sherwood Forest Apartments

The Hendrix

Breckenridge Davenport Apartments

307 W 3rd St

Pershing Hill Lofts
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.

Apartments on Main

Walcott Manor Apartments

Union Arcade Building

River Ridge 2301-2325 University Drive

Vue at 7th

Urbane 210

Cobblestone Apartments

Federal Point

Halligan Coffee Company Lofts

Cruys Lofts
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.

Bucktown Lofts

Mississippi Lofts

401 Brady St

The Penthouse Davenport

Spencer Towers

413 E 2nd St

Contree Manoir Apartments

Cotton Mill Apartments

604 W 3rd St

114 S Mississippi St
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.

3553 Heatherton Dr

1622 Washington St

Colorado Senior Lofts 55+

338 Cemetery Ln

Hershey Manor

Burtlen House

2323-3030 31st Ave

2218 Emerald Dr

1527 W 6th St

2325 McKinley Ave
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.
Illinois City, IL Local Guide

How much does it cost to rent an apartment in Illinois City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Illinois City Studio Apartments | $947 | $627 | $1,375 |
| Illinois City 1 Bedroom Apartments | $1,074 | $488 | $1,900 |
| Illinois City 2 Bedroom Apartments | $1,259 | $631 | $3,100 |
| Illinois City 3 Bedroom Apartments | $1,561 | $815 | $3,300 |
| Illinois City 4 Bedroom Apartments | $1,070 | $930 | $1,199 |
Browse Top Apartments in Illinois City
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Illinois City, IL Local Guide
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Cheapest Available Illinois City Apartments for Rent and Nearby
 The cheapest available apartment rental in Illinois City, IL is a 1 Bed unit found at Ecumencial New Horizons in the North Side neighborhood priced from $488. Duplexes LLC in the North Side neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $597. Here is today’s list of the most affordable Illinois City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ecumencial New Horizons | 1002 Ash #6 (Apartment) | 1BR,1BA | $488 |
| Duplexes LLC | 3 Bedroom Duplex | 3BR,1BA | $597 |
| RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $650 |
| Jebens Court Apartments | 1 bed | 1BR,1BA | $650 |
| Welch Hotel Senior Apartments | Studio | Studio,1BA | $650 |
| Woodland Apartments | 0BR/1.0BA | Studio,1BA | $695 |
| 3240 Heatherton Dr | 1 Bedroom | 1BR,1BA | $700 |
| 1616-1634 W 42nd St | 1 Bed, 1 bath | 1BR,1BA | $735 |
| Eagles Crest Apartments | 1 bed 1 bath | 1BR,1BA | $750 |
| Carriage Hill | 1BR/1.0BA | 1BR,1BA | $775 |
Best Value Apartments for Rent in Illinois City, IL and Nearby
As of July 29, 2026 the best value apartment in the Illinois City area is the $1.04 price per square foot 1bd/1ba Model at Davenport Bank Apartments in the in the Vander Veer Park neighborhood starting from $1,250. The second greatest value Illinois City apartment is the 1 BR/ 1 BA Model at Bucktown Lofts starting at $998 with a $0.84 price per square foot in the Vander Veer Park neighborhood. Here is today’s list of the best values for Illinois City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Davenport Bank Apartments | 1bd/1ba | 1BR,1BA | $1.04 |
| Bucktown Lofts | 1 BR/ 1 BA | 1BR,1BA | $0.84 |
| Halligan Coffee Company Lofts | 2x1 | 2BR,1BA | $0.93 |
| Vue at 7th | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.00 |
| Duplexes LLC | 3 Bedroom Duplex | 3BR,1BA | $0.63 |
| 3240 Heatherton Dr | 2 Bedroom | 2BR,1BA | $1.00 |
| Walcott Manor Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.03 |
| 1616-1634 W 42nd St | 1 Bed, 1 bath | 1BR,1BA | $1.06 |
| Jebens Court Apartments | 1 bed | 1BR,1BA | $0.96 |
| RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $0.99 |
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.
Read ArticleReal 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.
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 Illinois City, IL Rentals by Map
See the most popular apartments and homes in Illinois City, IL
Frequently Asked Questions about Cheap Illinois City Apartments
What is the Cheapest Studio apartment in Illinois City?
Currently the most affordable Cheap Studio Apartment in Illinois City is at Welch Hotel Senior Apartments listed at $650.
How much is rent for a Cheap One Bedroom Illinois City Apartment?
The lowest price for a Cheap One Bedroom Illinois City Apartment is $488 at Ecumencial New Horizons.
What is the lowest price for a Cheap Two Bedroom Illinois City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Illinois City is starting from $631 at Ecumencial New Horizons.
What is the most affordable Illinois City Three Bedroom Apartment?
The best deal on a cheap Illinois City Three Bedroom Apartment rental is at Duplexes LLC and starts from $597.
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

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.

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.

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.

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.