Cheap Apartments for Rent in the Downtown Joliet Neighborhood of Joliet, IL from $300 (19 Rentals)

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

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406 Buell Ave
1 to 2 Bedroom Apartments

406 Buell Ave

406 Buell AveJoliet, IL 60435

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.

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5 N Broadway St
2 Bedroom Apartments

5 N Broadway St

5 N Broadway StJoliet, IL 60435
  • Utilities Included
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255 S Center St
1 to 2 Bedroom Apartments

255 S Center St

255 S Center StJoliet, IL 60436
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216-220 Cass St
Studio Apartments

216-220 Cass St

216-220 Cass StJoliet, IL 60432
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301 South Ottawa
Studio to 3 Bedroom Apartments

301 South Ottawa

301 S Ottawa StJoliet, IL 60436
  • Smoke Free
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Relyea Bldg
2 Bedroom Apartments

Relyea Bldg

20 E Cass StJoliet, IL 60432

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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408 Western Ave
1 Bedroom Apartments

408 Western Ave

408 Western AveJoliet, IL 60435
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222-224 Ohio St
1 to 3 Bedroom Apartments

222-224 Ohio St

222-224 Ohio StJoliet, IL 60432
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113 N Center St
1 Bedroom Apartments

113 N Center St

113 N Center StJoliet, IL 60435
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404-406 Oneida St
3 Bedroom Apartments

404-406 Oneida St

404-406 Oneida StJoliet, IL 60435
  • Utilities Included
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Water's Edge
1 to 3 Bedroom Apartments

Water's Edge

367 S Desplaines StJoliet, IL 60436
  • Utilities Included

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.

Cheapest Available Downtown Joliet Apartments for Rent

 

The cheapest available apartment rental in the Downtown Joliet area of Joliet, IL is a 1 Bed unit found at Stone Falls priced from $949. The Woodlands of Crest Hill has the second lowest priced unit, which is a Studio apartment currently listed from $1,219. Here are the most affordable Downtown Joliet apartments for rent in Joliet, IL:

Apartment ListingModel NameBed/BathPriced From
Stone FallsOne Bedroom, Base Package1BR,1BA$949
The Woodlands of Crest HillStudio CStudio,1BA$1,219
Bays Tower ApartmentsStudio1BR,1BA$1,250
Pheasant Run Apartmentssc3s1.53BR,1BA$1,735

Best Value Apartments for Rent in Downtown Joliet, IL

As of June 12, 2026 the best value apartment in the Downtown Joliet area is the $1.77 price per square foot sc3s1.5 Model at Pheasant Run Apartments in the in the Sunset Point neighborhood starting from $1,735. The second greatest value Downtown Joliet apartment is the Two Bedroom, Luxury Package Model at Stone Falls starting at $1,259 with a $1.38 price per square foot in the Sunset Point 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.
Pheasant Run Apartmentssc3s1.53BR,1.5BA$1.77
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
801 N Bluff St, Unit 801 Bluff #2801 N Bluff St2BR,1BA$1.35
121 Comstock St, Unit 1E121 Comstock St2BR,1BA$1.50
1002 Belleview Ave, Unit #11002 Belleview Ave2BR,1BA$2.03
Bays Tower ApartmentsStudio1BR,1BA$3.25
The Woodlands of Crest HillStudio 2Studio ,1BA$3.45

Frequently Asked Questions about Cheap Downtown Joliet Apartments

What is the Cheapest Studio apartment in Downtown Joliet?

Currently the most affordable Cheap Studio Apartment in Downtown Joliet is at The Woodlands of Crest Hill listed at $1,219.

How much is rent for a Cheap One Bedroom Downtown Joliet Apartment?

The lowest price for a Cheap One Bedroom Downtown Joliet Apartment is $949 at Stone Falls.

What is the lowest price for a Cheap Two Bedroom Downtown Joliet Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Joliet is starting from $1,219 at Stone Falls.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.