759 E Lawrence St
DecaturIL62521
Cheap Homes for Rent near Jerome, IL from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Jerome.
1616 S 7th St
SpringfieldIL62703
2525 W Monroe St
SpringfieldIL62704
2160 S Martin Luther King Jr Dr
SpringfieldIL62703
229 W Allen St
SpringfieldIL62704
2136 S 9th St
SpringfieldIL62703
2155 S 13th St
SpringfieldIL62703
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1509 W Monroe St
SpringfieldIL62704
1805 E Morgan Ave
SpringfieldIL62703
222 E Lawrence Ave
SpringfieldIL62704
1137 N 4th St
SpringfieldIL62702
525 W Cook St
SpringfieldIL62704
31 Imperial Valley Dr
SpringfieldIL62702
1028 W Iles Ave
SpringfieldIL62704
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-14, Page 1 of 1
Jerome, IL Local Guide
Pizza, midwest style by David Woo is licensed under CC BY 2.0
How much does it cost to rent a home in Jerome?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Jerome 2 Bedroom Homes for Rent | $1,138 | $750 | $1,850 |
| Jerome 3 Bedroom Homes for Rent | $1,568 | $595 | $2,950 |
| Jerome 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Jerome
Explore Jerome
Jerome, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $718. Pine Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Jerome apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Hickox Collection | The Abe Lincoln | Studio,1BA | $718 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $875 |
| Ravenwood Townhomes | Townhome | 2BR,1BA | $895 |
| The Boulevard Townhomes | Apartment | 2BR,1BA | $900 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $925 |
Best Value Apartments for Rent in Jerome, IL and Nearby
As of July 29, 2026 the best value apartment in the Jerome area is the $0.90 price per square foot Townhome Model at Ravenwood Townhomes in the starting from $895. The second greatest value Jerome apartment is the B1 Model at Candles starting at $956 with a $1.00 price per square foot . Here is today’s list of the best values for Jerome apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.90 |
| Candles | B1 | 2BR,1.5BA | $1.00 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| Orchard Park | 2 Bedroom 1 Bath Standard | 2BR,1BA | $1.24 |
| 731 South Grand Ave W | 1/1 | 1BR,1BA | $1.31 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Huntington Ridge Apartments | One Bedroom | 1BR,1BA | $1.37 |
| The Hickox Collection | The Abe Lincoln | Studio ,1BA | $1.60 |
| 803 W Edwards St, Unit C | 803 W Edwards St | Studio ,1BA | $1.51 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read Article
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Jerome area?
If you’re an expert on all things Jerome, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Jerome, IL Rentals by Map
See the most popular apartments and homes in Jerome, IL
Frequently Asked Questions about Jerome
What type of rentals are currently available in Jerome?
There are currently 81 Apartments for Rent in Jerome, IL with pricing that ranges from $700 to $4,296. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Jerome ranging from $595 to $3,500.
What is the current price range for Rental Homes in Jerome?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Jerome ranges from $595 to $3,500 with an average monthly rent of $1,814.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.