
Cheap Apartments for Rent in the Downtown Joliet Neighborhood of Joliet, IL from $800 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Joliet area of Joliet.


Stone Falls

Larkin Village

811 N Center St, Unit 1
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.

115 N Hickory St

Historic Louis Joliet Apartments

Riverwest Apartments

River Walk Homes, LLC
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.

Senior Suites of Joliet
Downtown Joliet, Joliet, IL Local Guide

How much does it cost to rent an apartment in Downtown Joliet?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Joliet Studio Apartments | $967 | $895 | $1,085 |
| Downtown Joliet 1 Bedroom Apartments | $1,172 | $949 | $1,450 |
| Downtown Joliet 2 Bedroom Apartments | $1,311 | $1,145 | $1,650 |
| Downtown Joliet 3 Bedroom Apartments | $1,500 | $1,295 | $1,800 |
| Downtown Joliet 4 Bedroom Apartments | $2,185 | $2,185 | $2,185 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Joliet Neighborhood of Joliet, IL.
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Cheapest Available Downtown Joliet Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stone Falls | One Bedroom, Base Package | 1BR,1BA | $949 |
| Bays Tower Apartments | Studio | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 511 W Jefferson St, Unit 3 | 511 W Jefferson St | 3BR,1BA | $0.91 |
| 409 Plainfield Rd, Unit 409 Plainfield Rd. #2 | 409 Plainfield Rd | 2BR,1BA | $1.43 |
| 207 Bridge St, Unit 2 | 207 Bridge St | 2BR,1BA | $1.24 |
| Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
| 7 S Broadway St, Unit 2 | 7 S Broadway St | 2BR,1BA | $1.64 |
| 811 N Center St, Unit 1 | 811 N Center St | 1BR,1BA | $1.51 |
| Bays Tower Apartments | Studio | 1BR,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

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.

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!