Cheap Apartments for Rent in Loves Park, IL from $400 (6 Rentals)

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

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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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
  • Utilities Included

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.

Loves Park, IL Local Guide

Cheapest Neighborhoods for Apartments in Loves Park, IL

Pricing Updated: 06/23/2025

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$1,347$75016
Outer Loves Park Machesney Park$1,650$97513

Cheapest Available Loves Park Apartments for Rent and Nearby

 

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. Carlton Apartments in the Central Terrace neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $825. 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
Carlton Apartments2 bedroom one bathroom2BR,1BA$825
The ArborsOne Bedroom Cypress1BR,1BA$850

Best Value Apartments for Rent in Loves Park, IL and Nearby

As of June 23, 2025 the best value apartment in the Loves Park area is the $1.13 price per square foot Brighton Model at Harbour East in the in the East Rockford neighborhood starting from $1,800. The second greatest value Loves Park apartment is the 3BR/2.0BA Model at The Haven at Willow Creek starting at $1,650 with a $1.34 price per square foot in the North Rock 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.
Harbour EastBrighton2BR,2BA$1.13
The Haven at Willow Creek3BR/2.0BA3BR,2BA$1.34
Carlton Apartments2 bedroom one bathroom2BR,1BA$0.69
4905 Pine Cone Ct, Unit 34905 Pine Cone Ct2BR,1BA$1.25
Rock Valley ApartmentsThe Sue2BR,2BA$1.37
Riverside Glen Apartments3 Bedroom 2 Bath3BR,2BA$1.27
Riverside Terrace ApartmentsRiverside Terrace - 2 Bedroom2BR,1BA$1.32
1226 N Main St, Unit 1226Apt41226 N Main St1BR,1BA$1.25
2857 City View Dr, Unit 32857 City View Dr1BR,1BA$1.44
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98

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Explore Loves Park, IL Rentals by Map

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Getting Around Loves Park, IL

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $1,498.

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 3 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 $482 which is $1,016 cheaper than the average rent for all rentals in Loves Park.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.

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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.