Cheap Apartments for Rent near Lanark, IL from $300 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lanark.

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.

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Tallgrass Townhomes
1 to 3 Bedroom Apartments

Tallgrass Townhomes

1311 7th StDe Witt, IA 52742
  • Utilities Included
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Rockford Housing Authority
1 to 2 Bedroom Apartments

Rockford Housing Authority

223 S Winnebago StRockford, IL 61102
Corporate Housing
  • Utilities Included

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.

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Blackhawk Apartments
1 to 2 Bedroom Apartments

Blackhawk Apartments

406 S 3rd StOregon, IL 61061
Senior Living
  • Utilities Included
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Rock Falls Apartments
Studio to 2 Bedroom Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
  • Utilities Included

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.

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Windsor Apartments
Studio to 3 Bedroom Apartments

Windsor Apartments

902 N Main StRockford, IL 61103
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Carthage Apartments
1 to 2 Bedroom Apartments

Carthage Apartments

4440 Carthage DrRockford, IL 61109
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Carlton Apartments
2 to 3 Bedroom Apartments

Carlton Apartments

948 N Main StRockford, IL 61103
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2816 Rudeen Close
1 to 2 Bedroom Apartments

2816 Rudeen Close

2816 Rudeen CloseRockford, IL 61108

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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Showing Results 1-32, Page 1 of 1

Lanark, IL Local Guide

Cheapest Available Lanark Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lanark, IL is a Studio unit found at Northland Park Apartments priced from $625. Pine View has the second lowest priced unit, which is a 1 Bed apartment currently listed from $669. Here is today’s list of the most affordable Lanark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northland Park ApartmentsStudioStudio,1BA$625
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$669
Washington Senior ApartmentsStudioStudio,1BA$750
Dixon River Apartments2BD/2BA2BR,1BA$775
Roberts Court1 Bed, 1 bath1BR,1BA$820
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$825
Prestwick Senior LivingOne Bedroom1BR,1BA$850
Carlton Apartments2 bedroom one bathroom2BR,1BA$875
Riverside Apartments and TownhomesTwo Bed, One Bath Townhome2BR,1BA$900
Iowa Mutual LoftsStudioStudio,1BA$900

Best Value Apartments for Rent in Lanark, IL and Nearby

As of August 08, 2026 the best value apartment in the Lanark area is the $1.00 price per square foot 3 Bedroom 2.5 Bath TH Model at The Landing of Clinton in the starting from $1,385. The second greatest value Lanark apartment is the 2 bedroom 1 bathroom Model at Windsor Apartments starting at $825 with a $0.67 price per square foot in the Central Terrace neighborhood. Here is today’s list of the best values for Lanark apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Landing of Clinton3 Bedroom 2.5 Bath TH3BR,2.5BA$1.00
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$0.67
Carlton Apartments2 bedroom one bathroom2BR,1BA$0.73
Riverside Glen Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.20
Cottage Bluff Apartments2-Bedroom2BR,1BA$1.10
Riverside Apartments and TownhomesTwo Bed, One Bath Townhome2BR,1BA$1.03
Dixon River Apartments2BD/2BA2BR,1BA$0.92
Prestwick Senior LivingOne Bedroom1BR,1BA$1.30
Roberts Court1 Bed, 1 bath1BR,1BA$1.26
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$1.12

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lanark, IL Rentals by Map

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See the most popular apartments and homes in Lanark, IL

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Frequently Asked Questions about Cheap Lanark Apartments

What is the Cheapest Studio apartment in Lanark?

Currently the most affordable Cheap Studio Apartment in Lanark is at Northland Park Apartments listed at $625.

How much is rent for a Cheap One Bedroom Lanark Apartment?

The lowest price for a Cheap One Bedroom Lanark Apartment is $669 at Pine View.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lanark is starting from $775 at Dixon River Apartments.

What is the most affordable Lanark Three Bedroom Apartment?

The best deal on a cheap Lanark Three Bedroom Apartment rental is at Dixon River Apartments and starts from $910.

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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.