759 E Lawrence St
DecaturIL62521
Cheap Homes for Rent in Jerome, IL from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Jerome.
3500 N Dirksen Pkwy
SpringfieldIL62702
830 E Rogers Ave
DecaturIL62521
1710 S Henry St
SpringfieldIL62704
1363 E Johns Ave
DecaturIL62521
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
18 East Dr
DecaturIL62526
619 S 5th St
SpringfieldIL62703
1274 W Green St
DecaturIL62522
1913 S 7th St
SpringfieldIL62703
229 W Allen St
SpringfieldIL62704
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.
2451 S 11th St
SpringfieldIL62703
Showing Results 1-11, 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 | $1,188 | $800 | $2,100 |
| Jerome 3 Bedroom Homes for Rent | $1,377 | $695 | $2,800 |
| Jerome 4 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
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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. The Boulevard Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. 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 |
| The Boulevard Townhomes | Apartment | 2BR,1BA | $900 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $925 |
| Safe Harbor Properties | 2 Bdr 1 Bath with Balcony. Capitol View. | 2BR,1BA | $935 |
| SHP at Governor Place | 2 BDR/ 1 BATH BALCONY | 2BR,1BA | $975 |
Best Value Apartments for Rent in Jerome, IL and Nearby
As of June 13, 2026 the best value apartment in the Jerome area is the $1.25 price per square foot Three Bedroom Model at Huntington Ridge Apartments in the starting from $1,373. The second greatest value Jerome apartment is the 2 BDR/ 1 BATH BALCONY Model at SHP at Governor Place starting at $975 with a $0.98 price per square foot in the Downtown Springfield neighborhood. 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. |
|---|---|---|---|
| Huntington Ridge Apartments | Three Bedroom | 3BR,2BA | $1.25 |
| SHP at Governor Place | 2 BDR/ 1 BATH BALCONY | 2BR,1BA | $0.98 |
| Candles | B1 | 2BR,1.5BA | $1.10 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| Safe Harbor Properties | 2 Bdr 1 Bath with Balcony. Capitol View. | 2BR,1BA | $1.01 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| 1219 W Lawrence Ave, Unit CJ Suite | 1219 W Lawrence Ave | 1BR,1BA | $2.25 |
| 731 South Grand Ave W | 1/1 | 1BR,1BA | $1.39 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
| 331 W Cedar St, Unit Apt#3 | 331 W Cedar St | 1BR,1BA | $1.33 |
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.
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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.
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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 86 Apartments for Rent in Jerome, IL with pricing that ranges from $600 to $3,400. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Jerome ranging from $695 to $2,900.
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 $695 to $2,900 with an average monthly rent of $1,591.
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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.