Cheap Apartments for Rent in Loves Park, IL from $400 (33 Rentals)

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

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Pine's Edge
2 Bedroom Apartments

Pine's Edge

5816 Beechwood DrLoves Park, IL 61111
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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Sun Valley Terrace
2 Bedroom Apartments

Sun Valley Terrace

3359 Sun Valley TerRockford, IL 61103
  • Utilities Included
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Somerset Apartments
1 Bedroom Apartments

Somerset Apartments

1020 N Main StRockford, IL 61103
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4424 Eastridge Dr
1 Bedroom Apartments

4424 Eastridge Dr

4424 Eastridge DrRockford, IL 61107

Cash 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.

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Main Street Apartments
Studio to 1 Bedroom Apartments

Main Street Apartments

929-935 N Main StRockford, IL 61103
  • Utilities Included
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4175 Eastridge Dr
3 Bedroom Apartments

4175 Eastridge Dr

4175 Eastridge DrRockford, IL 61107

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.

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Showing Results 1-33, Page 1 of 1

Loves Park, IL Local Guide

Cheapest Neighborhoods for Apartments in Loves Park, IL

Pricing Updated: 05/19/2026

Current apartment rentals in the Loves Park, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Loves Park Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Martin Shorewood$1,350$80010
Outer Loves Park Machesney Park$1,700$99514

Cheapest Available Loves Park Apartments for Rent

 

The cheapest available apartment rental in Loves Park, IL is a 2 Beds unit found at Rockford Housing Authority in the Central Terrace neighborhood priced from $480. Immaculate Updated 1 Bedroom with 1 Bath in the East Rockford neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Loves Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rockford Housing AuthorityPark Terrace 2 Bed2BR,1BA$480
Immaculate Updated 1 Bedroom with 1 Bath1BR/1.0BA1BR,1BA$900
Windsor Apartment1 Bed 1 Bath1BR,1BA$995
Park Towers ApartmentsOne Bedroom1BR,1BA$1,015
Riverside ApartmentsStudio with washer and dryer1BR,1BA$1,045
Riverside Glen Apartments2 Bedroom 1.5 Bath2BR,1BA$1,174
Rock Valley ApartmentsThe Sue2BR,2BA$1,500
The Haven at Willow Creek3BR/2.0BA3BR,2BA$1,700

Best Value Apartments for Rent in Loves Park, IL

As of May 19, 2026 the best value apartment in the Loves Park area is the $1.38 price per square foot 3BR/2.0BA Model at The Haven at Willow Creek in the in the North Rock neighborhood starting from $1,700. The second greatest value Loves Park apartment is the The Sue Model at Rock Valley Apartments starting at $1,500 with a $1.38 price per square foot in the Summerfield Commons neighborhood. Here is today’s list of the best values for Loves Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Haven at Willow Creek3BR/2.0BA3BR,2BA$1.38
Rock Valley ApartmentsThe Sue2BR,2BA$1.38
Riverside Glen Apartments3 Bedroom 2 Bath3BR,2BA$1.27
5587 Whispering Way, Unit 55775587 Whispering Way1BR,1BA$1.71
Immaculate Updated 1 Bedroom with 1 Bath1BR/1.0BA1BR,1BA$1.33
Riverside ApartmentsStudio with washer and dryer1BR,1BA$1.61
Windsor Apartment1 Bed 1 Bath1BR,1BA$1.66
Park Towers ApartmentsOne Bedroom1BR,1BA$1.75
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Loves Park Apartments

What is the price of a cheap apartment in Loves Park?

The cheapest apartment in Loves Park is Rockford Housing Authority which is listed at $480, while the average apartment in Loves Park costs $1,525.

What types of apartments are the cheapest in Loves Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Loves Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Loves Park?

Cheap apartments in Loves Park have an average cost of $411 which is $1,114 cheaper than the average rent for all rentals in Loves Park.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.