
Cheap Apartments for Rent in Lovejoy, IL from $600 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Lovejoy.


Total Monthly Price
Downtowner Apartments

Franklin School Apartments

Roberts Galerie Lofts

The Gentrys Landing Apartments

The Paul Brown Loft Apartments

Sullivan Place Apartments

Cityside Apartments

Preservation Square Apartments

Arcade Artist Apartments
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.

The Ely Walker Lofts

The Shelby

Park Pacific

Total Monthly Price
Vangard Lofts

The Crown Downtown

Lofts at the Mac

Front Page Lofts

Gallery 720

The Lofts at OPOP

The Tower at OPOP
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.

The Laurel Apartments

Six Cord

Monogram on Washington

Storyboard on Pine

Syndicate Building

Grace Lofts

Jefferson Arms

809 Greenwood St

The New Broadview

Mansion House 1
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.

2207 Lee Ave

Bristol Place Townhomes

1908 Rhodes St

2633 Russell Blvd

8836 Ramona Lake Dr

4426 Holly Ave

1857 S 9th St

Fashion Square I

1520 Washington Ave

Bee Hat Lofts
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

314 N Broadway

2155 State St

2254 Lee Ave

1000 Washington Ave

2652 Park Ave

300-314 N Broadway

2012 Oregon Ave

2003 College Ave

2206 Lucas Ave

Gallery 1014 Apartment Homes
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Lovejoy, IL Local Guide

How much does it cost to rent an apartment in Lovejoy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lovejoy Studio Apartments | $1,271 | $775 | $1,990 |
| Lovejoy 1 Bedroom Apartments | $1,523 | $662 | $3,653 |
| Lovejoy 2 Bedroom Apartments | $1,884 | $676 | $7,935 |
| Lovejoy 3 Bedroom Apartments | $2,173 | $861 | $5,000 |
Browse Top Apartments in Lovejoy
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Lovejoy, IL Local Guide
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Cheapest Available Lovejoy Apartments for Rent and Nearby
 The cheapest available apartment rental in Lovejoy, IL is a 2 Beds unit found at Collins Terrace Apartments in the Lafayette Square neighborhood priced from $676. Downtowner Apartments in the Lafayette Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Lovejoy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Collins Terrace Apartments | 2 Bedroom Medium | 2BR,1BA | $676 |
| Downtowner Apartments | Studio | Studio,1BA | $775 |
| Franklin School Apartments | 1 Bedroom | 1BR,1BA | $785 |
| The Gentrys Landing Apartments | Studio Unfurnished | Studio,1BA | $855 |
| The Paul Brown Loft Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $895 |
| Sullivan Place Apartments | 1 Bed, 1 bath | 1BR,1BA | $895 |
| Arcade Artist Apartments | I-AHH | 1BR,1BA | $925 |
| Preservation Square Apartments | One Bedroom | 1BR,1BA | $925 |
| The Ely Walker Lofts | 1 Bedroom | 1 Bathroom | 2BR,1BA | $950 |
| Park Pacific | The Argonaut | Studio,1BA | $975 |
Best Value Apartments for Rent in Lovejoy, IL and Nearby
As of February 18, 2026 the best value apartment in the Lovejoy area is the $0.80 price per square foot 2 Bedroom 2 Bath Model at Roberts Galerie Lofts in the in the Lafayette Square neighborhood starting from $1,500. The second greatest value Lovejoy apartment is the B Model at Denim Lofts starting at $1,875 with a $1.20 price per square foot in the Lafayette Square neighborhood. Here is today’s list of the best values for Lovejoy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Roberts Galerie Lofts | 2 Bedroom 2 Bath | 2BR,2BA | $0.80 |
| Denim Lofts | B | 2BR,2BA | $1.20 |
| Fashion Square I | B2 | 2BR,1BA | $1.11 |
| Syndicate Building | Stabdard 1BR | 1BR,1BA | $1.11 |
| Storyboard on Pine | Pine B3 | 2BR,2BA | $1.23 |
| Bee Hat Lofts | A3 - 1 Bed 1 Bath | 1BR,1BA | $1.20 |
| The Paul Brown Loft Apartments | 2 Bedroom 1 Bathroom | 2BR,2BA | $1.42 |
| Collins Terrace Apartments | 2 Bedroom Small | 2BR,1BA | $0.93 |
| Preservation Square Apartments | One Bedroom | 1BR,1BA | $1.38 |
| Franklin School Apartments | 1 Bedroom | 1BR,1BA | $1.42 |
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
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Read ArticleCash 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.
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 Lovejoy, IL Rentals by Map
See the most popular apartments and homes in Lovejoy, IL
Frequently Asked Questions about Cheap Lovejoy Apartments
What is the Cheapest Studio apartment in Lovejoy?
Currently the most affordable Cheap Studio Apartment in Lovejoy is at Downtowner Apartments listed at $775.
How much is rent for a Cheap One Bedroom Lovejoy Apartment?
The lowest price for a Cheap One Bedroom Lovejoy Apartment is $785 at Franklin School Apartments.
What is the lowest price for a Cheap Two Bedroom Lovejoy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lovejoy is starting from $676 at Collins Terrace Apartments.
What is the most affordable Lovejoy Three Bedroom Apartment?
The best deal on a cheap Lovejoy Three Bedroom Apartment rental is at The Lofts at OPOP and starts from $2,387.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.