
Cheap Homes for Rent in Jerome, IL from $700 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Jerome.


201 W Allen St

2156 S Martin Luther King Jr Dr

1224 W Monroe St

1616 S 7th St

2200 S 13th St
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.

616 New St

206 N State St

1212 S 7th St

1601 S Grand Ave E

525 E Pine St

831 S 14th St
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.

151 S Durkin Dr

2831 S 12th St

619 S 5th St

525 W Cook St

1731 Melrose St

222 E Lawrence Ave
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.
Jerome, IL Local Guide

How much does it cost to rent a home in Jerome?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Jerome 2 Bedroom Homes for Rent | $1,120 | $775 | $1,800 |
| Jerome 3 Bedroom Homes for Rent | $1,490 | $1,150 | $2,700 |
| Jerome 4 Bedroom Homes for Rent | $2,215 | $1,550 | $3,495 |
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Jerome, IL Local Guide
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Cheapest Available Jerome Apartments for Rent and Nearby
 The cheapest available apartment rental in Jerome, IL is a 1 Bed unit found at Pine Ridge Apartments priced from $875. Safe Harbor Properties in the Downtown Springfield neighborhood 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 |
|---|---|---|---|
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $875 |
| Safe Harbor Properties | 1 Bdr/ 1 Bath Private Balcony Capitol Views | 1BR,1BA | $875 |
| Huntington Ridge Apartments | Two Bedroom | 2BR,1BA | $995 |
| 721 South Grand Ave W | One Bedroom | 1BR,1BA | $1,050 |
| Candles | B1 | 2BR,1BA | $1,059 |
Best Value Apartments for Rent in Jerome, IL and Nearby
As of December 12, 2025 the best value apartment in the Jerome area is the $0.86 price per square foot 1419 S Lowell Ave Model at 1419 S Lowell Ave, Unit Upstairs in the in the Downtown Springfield neighborhood starting from $1,200. The second greatest value Jerome apartment is the B1 Model at Candles starting at $1,055 with a $1.10 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. |
|---|---|---|---|
| 1419 S Lowell Ave, Unit Upstairs | 1419 S Lowell Ave | 3BR,1BA | $0.86 |
| Candles | B1 | 2BR,1.5BA | $1.10 |
| Safe Harbor Properties | Walk to work. Capitol View. WIFI Included. | 2BR,1BA | $1.03 |
| 3TEN | B1 | 2BR,1BA | $1.02 |
| 115 W Lawrence Ave, Unit C | 115 W Lawrence Ave | 1BR,1BA | $1.06 |
| 721 South Grand Ave W | One Bedroom | 1BR,1BA | $1.24 |
| Orchard Park | 2 Bedroom 1 Bath Standard | 2BR,1BA | $1.32 |
| Huntington Ridge Apartments | Two Bedroom | 2BR,1BA | $1.18 |
| 545 S Douglas Ave, Unit #3 | 545 S Douglas Ave | 1BR,1BA | $0.99 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
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 ArticleThe 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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Jerome
What type of rentals are currently available in Jerome?
There are currently 85 Apartments for Rent in Jerome, IL with pricing that ranges from $650 to $3,000. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Jerome ranging from $725 to $3,495.
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 $725 to $3,495 with an average monthly rent of $1,433.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.