
Cheap Homes for Rent in Loami, IL from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Loami.


201 W Allen St

1224 W Monroe St

1616 S 7th St

616 New St

151 S Durkin Dr
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.

2831 S 12th St

525 W Cook St

425 W Lawrence Ave

819 Deerfield Rd

2257 S 10th St

2605 S College St
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.

315 Summit Ave
Loami, IL Local Guide

How much does it cost to rent a home in Loami?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Loami 2 Bedroom Homes for Rent | $1,291 | $775 | $2,600 |
| Loami 3 Bedroom Homes for Rent | $1,834 | $1,200 | $2,700 |
| Loami 4 Bedroom Homes for Rent | $2,547 | $1,600 | $3,495 |
Browse Top Homes for Rent in Loami
Explore Loami
Loami, IL Local Guide
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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. Lotts Landing Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here is today’s list of the most affordable Loami apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $462 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $560 |
| Morton Street Apartments | 1 bed one bath | 1BR,1BA | $690 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $700 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
Best Value Apartments for Rent in Loami, IL and Nearby
As of December 23, 2025 the best value apartment in the Loami area is the $1.09 price per square foot 3 Bedroom Model at Ash Grove in the starting from $1,450. The second greatest value Loami apartment is the B1 Model at Candles starting at $989 with a $1.03 price per square foot . Here is today’s list of the best values for Loami apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ash Grove | 3 Bedroom | 3BR,2BA | $1.09 |
| Candles | B1 | 2BR,1.5BA | $1.03 |
| Safe Harbor Properties | Walk to work. Capitol View. WIFI Included. | 2BR,1BA | $1.03 |
| 3TEN | B1 | 2BR,1BA | $0.95 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $0.97 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.87 |
| Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.84 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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!
Explore Loami, IL Rentals by Map
See the most popular apartments and homes in Loami, IL
Frequently Asked Questions about Loami
What type of rentals are currently available in Loami?
There are currently 39 Apartments for Rent in Loami, IL with pricing that ranges from $331 to $3,000. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loami ranging from $750 to $3,495.
What is the current price range for Rental Homes in Loami?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Loami ranges from $750 to $3,495 with an average monthly rent of $1,618.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.