Cheap Apartments for Rent in Janesville, IL from $300 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Janesville.

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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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.

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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920

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.

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Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

211 Joanie LnRobinson, IL 62454
Senior Living
  • Utilities Included
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Newton Senior Housing
1 to 2 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Included

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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Showing Results 1-27, Page 1 of 1

Janesville, IL Local Guide

Cheapest Available Janesville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Janesville, IL is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. River Valley Apartments in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $460. Here is today’s list of the most affordable Janesville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Walnut SquareTwo Bedroom2BR,1BA$417
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$460
Rider Place1 Bedroom1BR,1BA$500
The Millennium Apartments3 Bedroom3BR,1BA$505
Union Pointe1 Bedroom1BR,2BA$550
Melrose and Brooklyn Heights Apartments2 Bed 1 Bath2BR,1BA$585
Arthur Ave Apartments1x11BR,1BA$610
Highland Terrace1 Bed 1 Bath1BR,1BA$675
Winston Terrace1BR/1BA1BR,1BA$725
Riverside Apartments2 Bedroom2BR,1BA$750

Best Value Apartments for Rent in Janesville, IL and Nearby

As of September 20, 2025 the best value apartment in the Janesville area is the $1.00 price per square foot 2Bed/2Bth Model at Parkstone Villas in the starting from $1,250. The second greatest value Janesville apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 price per square foot . Here is today’s list of the best values for Janesville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkstone Villas2Bed/2Bth2BR,2BA$1.00
The Millennium Apartments3 Bedroom3BR,1BA$0.41
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$0.50
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR,1.5BA$0.95
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
Riverside Apartments2 Bedroom2BR,1BA$1.07
Arthur Ave Apartments1x11BR,1BA$0.97
Union Pointe1 Bedroom1BR,2BA$0.92
Rider Place1 Bedroom1BR,1BA$0.92

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

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Frequently Asked Questions about Cheap Janesville Apartments

How much is rent for a Cheap One Bedroom Janesville Apartment?

The lowest price for a Cheap One Bedroom Janesville Apartment is $500 at Rider Place.

What is the lowest price for a Cheap Two Bedroom Janesville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Janesville is starting from $417 at Historic Walnut Square.

What is the most affordable Janesville Three Bedroom Apartment?

The best deal on a cheap Janesville Three Bedroom Apartment rental is at Historic Walnut Square and starts from $479.

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.