Cheap Apartments for Rent in Janesville, IL from $300 (20 Rentals)

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

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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920
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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 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
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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. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Janesville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Walnut SquareTwo Bedroom2BR,1BA$417
Rider Place1 Bedroom1BR,1BA$500
Union Pointe1 Bedroom1BR,2BA$550
Arbors at Honey Creek2x22BR,2BA$610
Arthur Ave Apartments1x11BR,1BA$610

Best Value Apartments for Rent in Janesville, IL and Nearby

As of June 27, 2025 the best value apartment in the Janesville area is the $1.00 price per square foot 2 Bed/ 2 Bath 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 Villas2 Bed/ 2 Bath2BR,2BA$1.00
The Millennium Apartments3 Bedroom3BR,1BA$0.41
Arbors at Honey Creek2x22BR,2BA$0.57
Royal Heights3 Person Occupancy3BR,1.5BA$1.11
Harrison West2 Bedroom2BR,1BA$0.93
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
Arthur Ave Apartments1x11BR,1BA$0.97
Union Pointe1 Bedroom1BR,2BA$0.92
Rider Place1 Bedroom1BR,1BA$0.92

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Frequently Asked Questions about Cheap Janesville Apartments

What is the Cheapest Studio apartment in Janesville?

Currently the most affordable Cheap Studio Apartment in Janesville is at The Annex of Terre Haute listed at $750.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.