Cheap Apartments for Rent in Janesville, IL from $300 (34 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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Historic Walnut Square
1 to 3 Bedroom Apartments

Historic Walnut Square

200 S 6th StTerre Haute, IN 47807
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Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

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

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
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Elmdale Apartments
1 to 2 Bedroom Apartments

Elmdale Apartments

3924 N Elmdale RdOlney, IL 62450
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Showing Results 1-34, 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 1 Bed unit found at Rider Place priced from $500. The Millennium Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $505. Here is today’s list of the most affordable Janesville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
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
OldeTowne Apartments1 Bed/1 Bath1BR,1BA$629
1905 12th St1BDR1BR,1BA$650
Highland Terrace1 Bed 1 Bath1BR,1BA$675
Willow CrossingsPhase I - Executive 1 Bed 1 Bath1BR,1BA$699
Winston Terrace2BR/1BA1BR,2BA$725

Best Value Apartments for Rent in Janesville, IL and Nearby

As of November 16, 2025 the best value apartment in the Janesville area is the $0.91 price per square foot 4x2 Model at Arbors at Honey Creek in the in the Downtown Terre Haute neighborhood starting from $1,322. 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.
Arbors at Honey Creek4x24BR,2BA$0.91
The Millennium Apartments3 Bedroom3BR,1BA$0.41
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR,1.5BA$0.95
509 Charleston Ave2 Bed 1 Bath2BR,1BA$0.91
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$0.94
Riverside Apartments2 Bedroom2BR,1BA$1.07
Sycamore Place Apartments2.1 C2BR,1BA$0.80
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

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 $585 at Melrose and Brooklyn Heights Apartments.

What is the most affordable Janesville Three Bedroom Apartment?

The best deal on a cheap Janesville Three Bedroom Apartment rental is at The Millennium Apartments and starts from $505.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.