Cheap Apartments for Rent in the Downtown Joliet Neighborhood of Joliet, IL from $800 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Joliet area of Joliet.

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.

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Riverwest Apartments
Studio to 2 Bedroom Apartments

Riverwest Apartments

337-339 N Center StJoliet, IL 60435
  • Utilities Included

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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Senior Suites of Joliet
Studio to 1 Bedroom Apartments

Senior Suites of Joliet

215 N Ottawa StJoliet, IL 60432
Senior Living
  • Utilities Included

Cheapest Available Downtown Joliet Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Stone FallsOne Bedroom, Base Package1BR,1BA$949
Bays Tower ApartmentsStudio1BR,1BA$1,250

Best Value Apartments for Rent in Downtown Joliet, IL

As of January 18, 2026 the best value apartment in the Downtown Joliet area is the $0.91 price per square foot 511 W Jefferson St Model at 511 W Jefferson St, Unit 3 in the in the Sunset Point neighborhood starting from $1,295. The second greatest value Downtown Joliet apartment is the 409 Plainfield Rd Model at 409 Plainfield Rd, Unit 409 Plainfield Rd. #2 starting at $1,500 with a $1.43 price per square foot in the Rockdale Junction neighborhood. Here is today’s list of the best values for Downtown Joliet apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
511 W Jefferson St, Unit 3511 W Jefferson St3BR,1BA$0.91
409 Plainfield Rd, Unit 409 Plainfield Rd. #2409 Plainfield Rd2BR,1BA$1.43
207 Bridge St, Unit 2207 Bridge St2BR,1BA$1.24
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
7 S Broadway St, Unit 27 S Broadway St2BR,1BA$1.64
811 N Center St, Unit 1811 N Center St1BR,1BA$1.51
Bays Tower ApartmentsStudio1BR,1BA$3.25

Frequently Asked Questions about Cheap Downtown Joliet Apartments

What is the price of a cheap apartment in Downtown Joliet?

The cheapest apartment in Downtown Joliet is Stone Falls which is listed at $949, while the average apartment in Downtown Joliet costs $2,185.

What types of apartments are the cheapest in Downtown Joliet?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Downtown Joliet that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.

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!