Cheap Homes for Rent in Lovejoy, IL from $600 (12 Rentals)

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property at 2214 Edison Ave

2214 Edison Ave

Granite CityIL62040

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.

property at 507 N 13th St

507 N 13th St

St. LouisMO63103

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.

property at 911 Geyer Ave

911 Geyer Ave

St. LouisMO63104

Lovejoy, IL Local Guide

Cheapest Available Lovejoy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lovejoy, IL is a 1 Bed unit found at Preservation Square Apartments in the Lafayette Square neighborhood priced from $492. Downtowner Apartments in the Lafayette Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Lovejoy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Preservation Square ApartmentsOne Bedroom1BR,1BA$492
Downtowner ApartmentsStudioStudio,1BA$600
Collins Terrace Apartments1 Bedroom Large1BR,1BA$652
The New Broadview1a1tG1BR,1BA$709
Franklin School Apartments - 55 Years +1 Bedroom1BR,1BA$785

Best Value Apartments for Rent in Lovejoy, IL and Nearby

As of June 04, 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 B4 Model at Fashion Square I starting at $1,375 with a $1.09 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Roberts Galerie Lofts2 Bedroom 2 Bath2BR,2BA$0.80
Fashion Square IB42BR,1BA$1.09
Ventana LoftsB2-22BR,2BA$1.24
Syndicate BuildingStabdard 1BR1BR,1BA$1.11
Storyboard on PinePine B12BR,2BA$1.22
Preservation Square Apartments2 Bedroom Townhouse2BR,1.5BA$0.93
The Ely Walker LoftsLarge 1 Bed 1 Bath1BR,1BA$1.03
Bee Hat LoftsA3 - 1 Bed 1 Bath1BR,1BA$1.20
The Paul Brown Loft Apartments2 Bedroom 1 Bathroom2BR,1BA$0.92
Collins Terrace Apartments1 Bedroom Large1BR,1BA$1.21

Quick 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.

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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 $492 to $7,935. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lovejoy ranging from $625 to $3,900.

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 $625 to $3,900 with an average monthly rent of $1,447.

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 The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.