Cheap Homes for Rent in Illinois City, IL from $500 (8 Rentals)

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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.

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

Cheapest Available Illinois City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Illinois City, IL is a 2 Beds unit found at Ecumenical New Horizons in the North Side neighborhood priced from $576. Carriage Hill Apartments in the Vander Veer Park neighborhood 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 Illinois City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ecumenical New Horizons2 Bed Apartment2BR,1BA$576
Carriage Hill Apartments1 Bedroom1BR,1BA$625
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$650

Best Value Apartments for Rent in Illinois City, IL and Nearby

As of September 20, 2025 the best value apartment in the Illinois City area is the $1.00 price per square foot 2bd/2ba Model at Davenport Bank Apartments in the in the Vander Veer Park neighborhood starting from $1,400. The second greatest value Illinois City apartment is the 2 Bed Apartment Model at Ecumenical New Horizons starting at $576 with a $0.46 price per square foot in the North Side neighborhood. Here is today’s list of the best values for Illinois City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Davenport Bank Apartments2bd/2ba2BR,2BA$1.00
Ecumenical New Horizons2 Bed Apartment2BR,1BA$0.46
Colorado Senior Lofts 55+Two Bedroom2BR,1BA$0.86
Walcott Manor Apartments2 BR/ 1 BA2BR,1BA$0.98
207 W 3rd St, Unit unit 3 Split Level207 W 3rd St1BR,1BA$1.06
Sherwood Forest Apartments1BR/1BA1BR,1BA$1.05
Carriage Hill Apartments1 Bedroom1BR,1BA$0.88
The Hendrix1 Bedroom 1 Bathroom1BR,1BA$1.18
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.99
119 E 8th St, Unit 1119 E 8th St1BR,1BA$1.17

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

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Frequently Asked Questions about Illinois City

What type of rentals are currently available in Illinois City?

There are currently 60 Apartments for Rent in Illinois City, IL with pricing that ranges from $488 to $2,400. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Illinois City ranging from $500 to $3,100.

What is the current price range for Rental Homes in Illinois City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Illinois City ranges from $500 to $3,100 with an average monthly rent of $1,041.

How much are larger Three and Four Bedroom Rentals in Illinois City?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Illinois City range from $631 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $690.

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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.