
Cheap Apartments for Rent in Junction, IL from $500 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in Junction.


Graystone Henderson

Anchor Court

Fairway Plaza

Embassy Apartments

Valoré at Hidden Hills

Bradford Pointe Apartments

Foxfire West Apartments

The Manning

Lakewood Flats and Townhomes
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.

Addison Place

Market Street Apartments

Parkside Apartments

North Park

Shawnee Village

Century Estates

Chesapeake

Hornbrook Estates Apartments

Woodbridge Place

Canoe Creek Apartments
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.

Mission Viejo Villas

Copper Creek Townhomes

Central Lofts

Ross Center Village

Saddlebrook

Colonial Manor Apartments

Leisure Living Lakeside

The Brickyard Apartments

The Evansville Lofts

Liv at Locust Creek
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.

218 Illinois St

6515 Uebelhack Rd

10455 Old Hwy 62 E

1900 N Willow Rd

Maple Valley Townhomes

1207 Tree Top Ln

896 Claymark Way

510 Ellen Dr

205 N Mill St

Donaldson Arms
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.

408 S Bosse Ave

426 S Bosse Ave

437 S Bosse Ave

Valore at Pine Hills

The Rathbone Apartments

605 W Michigan St

640 Jefferson Ave

413 3rd St

308 S Bentley St

500 E College St
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.
Junction, IL Local Guide

How much does it cost to rent an apartment in Junction?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Junction Studio Apartments | $1,550 | $600 | $2,350 |
| Junction 1 Bedroom Apartments | $1,241 | $625 | $3,420 |
| Junction 2 Bedroom Apartments | $1,450 | $740 | $3,000 |
| Junction 3 Bedroom Apartments | $1,402 | $1,190 | $1,560 |
| Junction 4 Bedroom Apartments | $590 | $580 | $600 |
Browse Top Apartments in Junction
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Junction, IL Local Guide
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Cheapest Available Junction Apartments for Rent and Nearby
 The cheapest available apartment rental in Junction, IL is a 1 Bed unit found at Graystone Henderson in the Henderson North End neighborhood priced from $625. Embassy Apartments in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $660. Here is today’s list of the most affordable Junction apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Graystone Henderson | 1 Bedroom | 1BR,1BA | $625 |
| Embassy Apartments | 0.1 | Studio,1BA | $660 |
| Valore at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Foxfire West Apartments | 1.1 NS | 1BR,1BA | $795 |
| The Rathbone | 1bed, 1 bath | 1BR,1BA | $795 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $805 |
| Market Street Apartments | Studio Apartment Home in Historic Building | Studio,1BA | $820 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $825 |
| Shawnee Village | 1 BR /1 BA 62 and Older | 1BR,1BA | $846 |
| The Manning | 1 Bedroom 1 Bathroom | 1BR,1BA | $849 |
Best Value Apartments for Rent in Junction, IL and Nearby
As of June 12, 2026 the best value apartment in the Junction area is the $1.15 price per square foot 3BR/2.0BA Model at Apartments@41 in the in the Business 41 neighborhood starting from $1,600. The second greatest value Junction apartment is the 2bed2bath Model at 1210 Char Lee Dr starting at $1,400 with a $1.12 price per square foot in the Howell neighborhood. Here is today’s list of the best values for Junction apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Apartments@41 | 3BR/2.0BA | 3BR,2BA | $1.15 |
| 1210 Char Lee Dr | 2bed2bath | 2BR,2BA | $1.12 |
| North Park | Kensington | 2BR,1.5BA | $1.00 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Addison Place | Kensington | 2BR,2BA | $0.86 |
| The Brickyard Apartments | Keystone | 1BR,1BA | $1.16 |
| Colonial Manor Apartments | 2X1 | 2BR,1BA | $1.15 |
| Chesapeake | B1 | 2BR,1BA | $1.01 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Parkside Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
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 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!
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See the most popular apartments and homes in Junction, IL
Frequently Asked Questions about Cheap Junction Apartments
What is the Cheapest Studio apartment in Junction?
Currently the most affordable Cheap Studio Apartment in Junction is at Embassy Apartments listed at $660.
How much is rent for a Cheap One Bedroom Junction Apartment?
The lowest price for a Cheap One Bedroom Junction Apartment is $625 at Graystone Henderson.
What is the lowest price for a Cheap Two Bedroom Junction Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Junction is starting from $805 at Bradford Pointe Apartments.
What is the most affordable Junction Three Bedroom Apartment?
The best deal on a cheap Junction Three Bedroom Apartment rental is at The Manning and starts from $1,199.
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

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.

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.

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.

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.