Cheap Apartments for Rent in Jerome, IL from $500 (30 Rentals)

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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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632 S Walnut St
1 Bedroom Apartments

632 S Walnut St

632 S Walnut StSpringfield, IL 62704
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Dorset Apartments
1 Bedroom Apartments

Dorset Apartments

1017-1021 S Spring StSpringfield, IL 62704
  • Utilities Included
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Ash Street
1 to 2 Bedroom Apartments

Ash Street

1306-1312 W Ash StSpringfield, IL 62704
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Fox Run Village
1 to 2 Bedroom Apartments

Fox Run Village

2600-2721 Fox Run DrSpringfield, IL 62704
  • Utilities Included
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Park West 217-546-7575
1 to 2 Bedroom Apartments

Park West 217-546-7575

2225 Old Jacksonville RdSpringfield, IL 62704
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SHP at Governor Place
1 to 2 Bedroom Apartments

SHP at Governor Place

1021 W Governor StSpringfield, IL 62704
  • 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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Monroe Gardens
1 to 2 Bedroom Apartments

Monroe Gardens

850 S Durkin DrSpringfield, IL 62704
  • Utilities Included
property at 811 S State St

811 S State St

SpringfieldIL62704
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Pine Woods Apartments
1 to 3 Bedroom Apartments

Pine Woods Apartments

1665 Seven Pines RdSpringfield, IL 62704
  • Utilities Included
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520 Illini Ct
1 to 2 Bedroom Apartments

520 Illini Ct

520 Illini CtSpringfield, IL 62704
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Boulevard Townhomes
2 Bedroom Apartments

The Boulevard Townhomes

2715 S Macarthur BlvdSpringfield, IL 62704
  • Utilities Included

Jerome, IL Local Guide

Cheapest Available Jerome Apartments for Rent and Nearby

 

The cheapest available apartment rental in Jerome, IL is a Studio unit found at The Hickox Collection in the Downtown Springfield neighborhood priced from $628. Denison Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Jerome apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Hickox CollectionThe HickoxStudio,1BA$628
Denison PlaceOne Bedroom1BR,1BA$675
SHP at Governor Place1 BDR Model1BR,1BA$785
Ravenwood TownhomesTownhome2BR,1BA$875
Safe Harbor Properties1 Bdr 1 Bath with Balcony. WiFi Included.1BR,1BA$875
Huntington Ridge ApartmentsTwo Bedroom2BR,1BA$1,028
721 South Grand Ave WOne Bedroom1BR,1BA$1,050
Pine Ridge Apartments2 Bed2BR,1BA$1,150

Best Value Apartments for Rent in Jerome, IL and Nearby

As of September 08, 2025 the best value apartment in the Jerome area is the $0.88 price per square foot Townhome Model at Ravenwood Townhomes in the starting from $875. The second greatest value Jerome apartment is the 2 Bed Model at Pine Ridge Apartments starting at $1,150 with a $1.28 price per square foot . Here is today’s list of the best values for Jerome apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
Pine Ridge Apartments2 Bed2BR,1.5BA$1.28
Safe Harbor PropertiesDowntown1BR,1BA$1.03
SHP at Governor Place2 BDR VIRTUALLY STAGED WIFI INCLUDED2BR,1BA$0.92
2000 S Douglas Ave, Unit 32000 S Douglas Ave2BR,1BA$1.14
721 South Grand Ave WOne Bedroom1BR,1BA$1.24
Huntington Ridge ApartmentsTwo Bedroom2BR,1BA$1.22
Denison PlaceOne Bedroom1BR,1BA$0.84
The Hickox CollectionThe HickoxStudio ,1BA$1.57

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

Explore Jerome, IL Rentals by Map

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Getting Around Jerome, IL

Walk Score®

75 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

11 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Jerome Apartments

What is the Cheapest Studio apartment in Jerome?

Currently the most affordable Cheap Studio Apartment in Jerome is at The Hickox Collection listed at $628.

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

The lowest price for a Cheap One Bedroom Jerome Apartment is $675 at Denison Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Jerome is starting from $825 at SHP at Governor Place.

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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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.