Cheap Apartments for Rent in Loami, IL from $300 (14 Rentals)

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

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Loami, IL Local Guide

Cheapest Available Loami Apartments for Rent and Nearby

 

The cheapest available apartment rental in Loami, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $462. Morton Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable Loami apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jacksonville Affordable Housing1 Bedroom 50%1BR,1BA$462
Morton Street Apartments1 bed one bath1BR,1BA$690
Whispering Pines Apartments2 Bed, 1 Bath - Essential1BR,1BA$700
Cobblestone ApartmentsCobblestone 1BD1BR,1BA$785
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$799

Best Value Apartments for Rent in Loami, IL and Nearby

As of October 28, 2025 the best value apartment in the Loami area is the $0.88 price per square foot Townhome Model at Ravenwood Townhomes in the starting from $875. The second greatest value Loami apartment is the 2 Bedroom 1 Bath South Model at Orchard Park starting at $975 with a $0.99 price per square foot . Here is today’s list of the best values for Loami apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
Orchard Park2 Bedroom 1 Bath South2BR,1BA$0.99
Safe Harbor PropertiesDowntown1BR,1BA$1.03
3TENB12BR,1BA$1.03
Koke Mill Apartments1 Bedroom (lg)1BR,1BA$1.15
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$0.97
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.11
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
Pine Ridge ApartmentsOne Bedroom1BR,1BA$1.17
Jacksonville Affordable Housing1 Bedroom 60%1BR,1BA$0.84

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Getting Around Loami, IL

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Loami Apartments

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

The lowest price for a Cheap One Bedroom Loami Apartment is $462 at Jacksonville Affordable Housing.

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

Today's best deal for a Cheap Two Bedroom Apartment in Loami is starting from $515 at Jacksonville Affordable Housing.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.