Cheap Homes for Rent near Lemont, IL from $1,450 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in Lemont.

property at 16W540 87th St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Condo for Rent

Available Now

16W540 87th St, Unit 9A-201

16W540 87th St
WillowbrookIL60527

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

property at 10S442 Echo Ln

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

10S442 Echo Ln, Unit 3

10S442 Echo Ln
WillowbrookIL60527

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.

Lemont, IL Local Guide

Cheapest Available Lemont Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lemont, IL is a 1 Bed unit found at Grace View Apartments priced from $975. Acclaim at Hinsdale Lake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,286. Here is today’s list of the most affordable Lemont apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grace View Apartments1 Bed, 1 bath1BR,1BA$975
Acclaim at Hinsdale Lake1 Bedroom 1 Bath1BR,1BA$1,286
Greenleaf1x1 - 6361BR,1BA$1,730
Highland RidgeA-1x11BR,1BA$1,934
Brook on JanesPinehurst1BR,1BA$2,159

Best Value Apartments for Rent in Lemont, IL and Nearby

As of August 23, 2026 the best value apartment in the Lemont area is the $2.48 price per square foot Pinehurst Model at Brook on Janes in the in the International Center neighborhood starting from $2,159. The second greatest value Lemont apartment is the A-1x1 Model at Highland Ridge starting at $1,934 with a $2.31 price per square foot in the Maple Hill neighborhood. Here is today’s list of the best values for Lemont apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brook on JanesPinehurst1BR,1BA$2.48
Highland RidgeA-1x11BR,1BA$2.31
Acclaim at Hinsdale Lake1 Bedroom 1 Bath1BR,1BA$1.68
Greenleaf1x1 - 6361BR,1BA$2.72
Grace View Apartments1 Bed, 1 bath1BR,1BA$1.63

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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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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Frequently Asked Questions about Lemont

What type of rentals are currently available in Lemont?

There are currently 44 Apartments for Rent in Lemont, IL with pricing that ranges from $975 to $3,225. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lemont ranging from $1,450 to $7,450.

What is the current price range for Rental Homes in Lemont?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lemont ranges from $1,450 to $7,450 with an average monthly rent of $3,040.

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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