
Cheap Apartments for Rent near Joy, IL from $615 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Joy.


Harrison Lofts

RIVERWALK LOFTS

Total Monthly Price
Welch Hotel Senior Apartments

Jebens Court Apartments

Eagles Crest Apartments

Carriage Hill

Riverbend 3306-3500 Steamboat Way

Sherwood Forest Apartments

Pine Ridge
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Pershing Hill Lofts

Timber Ridge Apartments

Walcott Manor Apartments

Apartments on Main

Westwood Terrace Senior Housing

Union Arcade Building

River Ridge 2301-2325 University Drive

Vue at 7th

Cobblestone Apartments

The Roosevelt
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Federal Point

Urbane 210

Halligan Coffee Company Lofts

Cruys Lofts

Garfield School

Marquee Apartments

Bucktown Lofts

Mississippi Lofts

401 Brady St

The Penthouse Davenport
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Spencer Towers

435 S Broadway St

608 W 3rd St

3240 Heatherton Dr

Cotton Mill Apartments

1218 Cedar St

3553 Heatherton Dr

Butterworth Apartments

Colorado Senior Lofts 55+

323 S Broadway St
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.

1736 Davie St

1014 1st Ave

2323-3030 31st Ave

Mediapolis Village

605 W 3rd St

1607 W 2nd St

2218 Emerald Dr

1326 38th St

3032 Indian Rd

4931 Abrams Dr
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.
Joy, IL Local Guide

How much does it cost to rent an apartment in Joy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Joy Studio Apartments | $942 | $627 | $1,315 |
| Joy 1 Bedroom Apartments | $1,061 | $615 | $1,900 |
| Joy 2 Bedroom Apartments | $1,254 | $710 | $2,790 |
| Joy 3 Bedroom Apartments | $1,555 | $781 | $3,300 |
| Joy 4 Bedroom Apartments | $967 | $930 | $1,005 |
Browse Top Apartments in Joy
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Joy, IL Local Guide
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Cheapest Available Joy Apartments for Rent and Nearby
 The cheapest available apartment rental in Joy, IL is a 1 Bed unit found at Jebens Court Apartments in the Riverview Terrace neighborhood priced from $650. Welch Hotel Senior Apartments in the Oak Ridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Joy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jebens Court Apartments | 1 bed | 1BR, 1BA | $650 |
| Welch Hotel Senior Apartments | Studio | Studio, 1BA | $650 |
| Eagles Crest Apartments | 1 bed 1 bath | 1BR, 1BA | $750 |
| Crescent Lofts | Seig Iron - Baxter | 2BR, 1BA | $752 |
| Carriage Hill | 1BR/1.0BA | 1BR, 1BA | $775 |
| Harrison Lofts | Studio | Studio, 1BA | $786 |
| Riverbend 3306-3500 Steamboat Way | 1 Bedroom | 1BR, 1BA | $790 |
| Pine Ridge | 1-sycam | 1BR, 1BA | $810 |
| Pershing Hill Lofts | Studio | Studio, 1BA | $818 |
| Timber Ridge Apartments | 1BR/1.0BA | 1BR, 1BA | $825 |
Best Value Apartments for Rent in Joy, IL and Nearby
As of September 21, 2026 the best value apartment in the Joy area is the $1.17 price per square foot 5th Street - Bridge Model at Crescent Lofts in the Vander Veer Park neighborhood starting from $1,515. The second greatest value Joy apartment is the The Riverside Model at Parkway Commons in the Saukie neighborhood starting at $1,350 with a $1.09 price per square foot. Here is today’s list of the best values for Joy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crescent Lofts | 5th Street - Bridge | 2BR, 2BA | $1.17 |
| Parkway Commons | The Riverside | 2BR, 2BA | $1.09 |
| Davenport Bank Apartments | 1bd/1ba | 1BR, 1BA | $1.04 |
| Vue at 7th | 2 Bedroom 1 Bathroom | 2BR, 1BA | $0.97 |
| Walcott Manor Apartments | 2 BR/ 1 BA | 2BR, 1BA | $1.03 |
| Carriage Hill | 1BR/1.0BA | 1BR, 1BA | $1.09 |
| Eagles Crest Apartments | 1 bed 1 bath | 1BR, 1BA | $1.07 |
| Timber Ridge Apartments | 1BR/1.0BA | 1BR, 1BA | $1.19 |
| Jebens Court Apartments | 1 bed | 1BR, 1BA | $0.96 |
| Pine Ridge | 1-norwa | 1BR, 1BA | $1.21 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Joy, IL Rentals by Map
See the most popular apartments and homes in Joy, IL
Frequently Asked Questions about Cheap Joy Apartments
What is the Cheapest Studio apartment in Joy?
Currently the most affordable Cheap Studio Apartment in Joy is at Welch Hotel Senior Apartments listed at $650.
How much is rent for a Cheap One Bedroom Joy Apartment?
The lowest price for a Cheap One Bedroom Joy Apartment is $650 at Jebens Court Apartments.
What is the lowest price for a Cheap Two Bedroom Joy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Joy is starting from $725 at Jebens Court Apartments.
What is the most affordable Joy Three Bedroom Apartment?
The best deal on a cheap Joy Three Bedroom Apartment rental is at Eagles Crest Apartments and starts from $1,095.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.