
Cheap Homes for Rent in Lovejoy, IL from $400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lovejoy.


4640 Carter Ave

1908 Rhodes St

4144 Maffitt Ave
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.

2012 Oregon Ave

1114 Lucas Ave

2747 Washington Ave

1857 S 9th 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.

921AR Geyer
Lovejoy, IL Local Guide

How much does it cost to rent a home in Lovejoy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lovejoy 2 Bedroom Homes for Rent | $1,476 | $900 | $2,795 |
| Lovejoy 3 Bedroom Homes for Rent | $1,685 | $1,200 | $2,475 |
| Lovejoy 4 Bedroom Homes for Rent | $1,300 | $1,300 | $1,300 |
| Lovejoy 5 Bedroom Homes for Rent | $1,993 | $1,300 | $2,695 |
Browse Top Homes for Rent 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 1 Bed unit found at Collins Terrace Apartments in the Lafayette Square neighborhood priced from $650. 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 | 1 Bedroom Large | 1BR,1BA | $650 |
| Downtowner Apartments | Studio | Studio,1BA | $775 |
| Franklin School Apartments | 1 Bedroom | 1BR,1BA | $785 |
Best Value Apartments for Rent in Lovejoy, IL and Nearby
As of December 29, 2025 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 |
| The Lofts at OPOP | B1 | 2BR,2BA | $1.05 |
| Bogen | Urban Chic Lofts | D2 | 2BR,2BA | $1.34 |
| 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 |
| Cityside Apartments | Dogwood | 1BR,1BA | $1.33 |
| Collins Terrace Apartments | 1 Bedroom Large | 1BR,1BA | $1.00 |
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 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.
Pet Friendly LifestyleLovejoy, IL
Ranked #90
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Lovejoy
What type of rentals are currently available in Lovejoy?
There are currently 39 Apartments for Rent in Lovejoy, IL with pricing that ranges from $636 to $7,935. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lovejoy ranging from $400 to $2,795.
What is the current price range for Rental Homes in Lovejoy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lovejoy ranges from $400 to $2,795 with an average monthly rent of $1,340.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!