Cheap Apartments for Rent in Lanark, IL from $300 (58 Rentals)

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Highland Meadows
1 Bedroom Apartments

Highland Meadows

101 Circle DrLanark, IL 61046
  • 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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Alice Place Monroe
Rent Specials
$913 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$913 - $1,200
Total Monthly Price
$913 - $1,200
1 to 2 Bedroom Apartments Available Now

Alice Place Monroe

124 County Rd NMonroe, WI 53566
Senior Living
  • Verified
  • Low Income
  • Smoke Free

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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Tallgrass Townhomes
1 to 3 Bedroom Apartments

Tallgrass Townhomes

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

Blackhawk Apartments

406 S 3rd StOregon, IL 61061
Senior Living
  • 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.

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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
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Windsor Apartments
Studio to 3 Bedroom Apartments

Windsor Apartments

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

Carthage Apartments

4440 Carthage DrRockford, IL 61109
  • 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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2816 Rudeen Close
1 to 2 Bedroom Apartments

2816 Rudeen Close

2816 Rudeen CloseRockford, IL 61108
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4471 Carthage Dr
2 Bedroom Apartments

4471 Carthage Dr

4471 Carthage DrRockford, IL 61109
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4210-4212 7th St
2 Bedroom Apartments

4210-4212 7th St

4210-4212 7th StRockford, IL 61109

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 2

Lanark, IL Local Guide

Cheapest Available Lanark Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lanark, IL is a 2 Beds unit found at Rockford Housing Authority in the Central Terrace neighborhood priced from $480. Riverside Apartments and Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Lanark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rockford Housing AuthorityPark Terrace 2 Bed2BR,1BA$480
Riverside Apartments and TownhomesStudioStudio,1BA$525
Northland Park ApartmentsStudioStudio,1BA$625
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$669
MEADOWS OF LUKE RIDGE2 BED 1 BATH2BR,1BA$670
Dixon River Apartments1BD/1BA1BR,1BA$675
Longwood Garden Apartments1 Bedroom1BR,1BA$718
Washington Senior ApartmentsStudioStudio,1BA$750
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$825
Prestwick Senior LivingOne Bedroom1BR,1BA$850

Best Value Apartments for Rent in Lanark, IL and Nearby

As of May 07, 2026 the best value apartment in the Lanark area is the $0.67 price per square foot 2 bedroom 1 bathroom Model at Windsor Apartments in the in the Central Terrace neighborhood starting from $825. The second greatest value Lanark apartment is the 2BR/1.5BA Model at Large 2 bedroom townhomes with carport starting at $1,350 with a $1.23 price per square foot in the North Rock 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.
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$0.67
Large 2 bedroom townhomes with carport2BR/1.5BA2BR,1.5BA$1.23
201 - 207 West Win Heights201 - 2 Bed / 2 Bath2BR,2BA$1.04
The Landing of Clinton2 Bedroom 1 Bath2BR,1BA$1.21
Cottage Bluff Apartments2-Bedroom2BR,1BA$1.10
MEADOWS OF LUKE RIDGE2 BED 1 BATH2BR,1BA$0.71
Iowa Mutual LoftsStudioStudio ,1BA$1.24
Dixon River Apartments1BD/1BA1BR,1BA$1.03
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$1.12
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98

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!

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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 Riverside Apartments and Townhomes listed at $525.

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

The lowest price for a Cheap One Bedroom Lanark Apartment is $480 at Rockford Housing Authority.

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 $480 at Rockford Housing Authority.

What is the most affordable Lanark Three Bedroom Apartment?

The best deal on a cheap Lanark Three Bedroom Apartment rental is at MEADOWS OF LUKE RIDGE and starts from $757.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.