Cheap Apartments for Rent in the Sherman Street Neighborhood of Joliet, IL from $300 (29 Rentals)

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

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406 Buell Ave
1 to 2 Bedroom Apartments

406 Buell Ave

406 Buell AveJoliet, IL 60435
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4-6 Irving St
Studio Apartments

4-6 Irving St

4-6 Irving StJoliet, IL 60432
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330 Willow Ave
2 Bedroom Apartments

330 Willow Ave

330 Willow AveJoliet, IL 60436
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131 Hobbs Ave
5 Bedroom Apartments

131 Hobbs Ave

131 Hobbs AveJoliet, IL 60433
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5 N Broadway St
2 Bedroom Apartments

5 N Broadway St

5 N Broadway StJoliet, IL 60435
  • Utilities Included

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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250 Marble St
Studio Apartments

250 Marble St

250 Marble StJoliet, IL 60435
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401 N Raynor Ave
1 to 3 Bedroom Apartments

401 N Raynor Ave

401 N Raynor AveJoliet, IL 60435
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205 N Raynor Ave
1 to 3 Bedroom Apartments

205 N Raynor Ave

205 N Raynor AveJoliet, IL 60435
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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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221 Comstock St
1 to 2 Bedroom Apartments

221 Comstock St

221 Comstock StJoliet, IL 60436

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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203 Union St
3 Bedroom Apartments

203 Union St

203 Union StJoliet, IL 60433
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410 Raynor Ave
Studio Apartments

410 Raynor Ave

410 Raynor AveJoliet, IL 60435
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408 Western Ave
1 Bedroom Apartments

408 Western Ave

408 Western AveJoliet, IL 60435
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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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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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Relyea Bldg
2 Bedroom Apartments

Relyea Bldg

20 E Cass StJoliet, IL 60432

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.

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216-220 Cass St
Studio Apartments

216-220 Cass St

216-220 Cass StJoliet, IL 60432
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310 Hunter Ave
1 to 2 Bedroom Apartments

310 Hunter Ave

310 Hunter AveJoliet, IL 60436
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Hope Manor Joliet
1 to 3 Bedroom Apartments

Hope Manor Joliet

1300 Copperfield AveJoliet, IL 60432
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Joshua Arms
1 Bedroom Apartments

Joshua Arms

1315 Rowell AveJoliet, IL 60433
Senior Living
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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

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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808-816 2nd Ave
1 Bedroom Apartments

808-816 2nd Ave

808-816 2nd AveJoliet, IL 60433

Sherman Street, Joliet, IL Local Guide

Cheapest Available Sherman Street Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Bays Tower ApartmentsStudio1BR,1BA$1,250
Pheasant Runsc3s1.53BR,1BA$1,735

Best Value Apartments for Rent in Sherman Street, IL

As of June 08, 2026 the best value apartment in the Sherman Street area is the $1.77 price per square foot sc3s1.5 Model at Pheasant Run in the in the Sunset Point neighborhood starting from $1,735. The second greatest value Sherman Street apartment is the 801 N Bluff St Model at 801 N Bluff St, Unit 801 Bluff #2 starting at $1,195 with a $1.35 price per square foot in the Rockdale Junction neighborhood. Here is today’s list of the best values for Sherman Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pheasant Runsc3s1.53BR,1.5BA$1.77
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

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.

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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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Quick Rent Budget Calculator

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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Pet Friendly Lifestyle
Sherman Street, Joliet, IL

Ranked #41

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Sherman Street Apartments

What is the lowest price for a Cheap Two Bedroom Sherman Street Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sherman Street is starting from $1,550 at Bays Tower Apartments.

What is the most affordable Sherman Street Three Bedroom Apartment?

The best deal on a cheap Sherman Street Three Bedroom Apartment rental is at Pheasant Run and starts from $1,735.

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.

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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Articles, How-To's, and Tips

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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.

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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.

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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.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.