Cheap Apartments for Rent near Momence, IL from $553 (44 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901
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Meadow Lane Apartments
1 to 2 Bedroom Apartments

Meadow Lane Apartments

2029 Meadow LnSchererville, IN 46375
  • 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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1304 E North St
1 to 2 Bedroom Apartments

1304 E North St

1304 E North StBradley, IL 60915
property at 29837 IL-50

$1,100 - $1,400

1 To 2 Bedroom Rentals

Available Now

29837 IL-50

PeotoneIL60468
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Central Park
1 to 3 Bedroom Apartments

Central Park

11 Fir StPark Forest, IL 60466
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1905 Austin Ave
2 Bedroom Apartments

1905 Austin Ave

1905 Austin AveSchererville, IN 46375

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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21746 Jeffrey
1 to 2 Bedroom Apartments

21746 Jeffrey

21746 S Jeffrey AveSauk Village, IL 60411
Showing Results 1-44, Page 1 of 1

Momence, IL Local Guide

Cheapest Available Momence Apartments for Rent and Nearby

 

The cheapest available apartment rental in Momence, IL is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $800. 2045-2151 Meadow Ln has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Momence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$800
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1,100
Linden Park ApartmentsStudio BStudio,1BA$1,110
2100 N Main St1 Bed 1 Bath1BR,1BA$1,125
Carriage Creek ApartmentsStudio Mid-RiseStudio,1BA$1,135
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1,159
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1,163
Chelsea Garden1 Bed, 1 bath1BR,1BA$1,200
Sherwood Lake Apartments8501BR,1BA$1,245
Dynasty House Apartments1 Bedroom UNIV1BR,1BA$1,305

Best Value Apartments for Rent in Momence, IL and Nearby

As of August 26, 2026 the best value apartment in the Momence area is the $1.29 price per square foot 3 Bedroom, 2 Bath - Renovated Model at Cypress Pointe in the in the Downtown Crown Point neighborhood starting from $2,329. The second greatest value Momence apartment is the Willow Model at Arbors at Hickory Creek starting at $1,799 with a $1.45 price per square foot in the Lincoln Station neighborhood. Here is today’s list of the best values for Momence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cypress Pointe3 Bedroom, 2 Bath - Renovated3BR,2BA$1.29
Arbors at Hickory CreekWillow3BR,2BA$1.45
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Olympic Village ApartmentsThe Maple2BR,1BA$1.60
Harvest Ridge Apartment Homes2X12BR,1BA$1.50
Sherwood Lake ApartmentsUPGRADED 1 BEDROOM1BR,1BA$1.62
Hidden CreekFlaxon Partial2BR,1BA$1.62
Harvest Grove Apartment Homes1BD-Deluxe1BR,1BA$1.37
2100 N Main St1 Bed 1 Bath1BR,1BA$1.50
2045-2151 Meadow Ln1 Bed/1 Bath1BR,1BA$1.57

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:
Location, Location, Location!

Explore Momence, IL Rentals by Map

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See the most popular apartments and homes in Momence, IL

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Frequently Asked Questions about Cheap Momence Apartments

What is the Cheapest Studio apartment in Momence?

Currently the most affordable Cheap Studio Apartment in Momence is at Crest Apartments listed at $800.

How much is rent for a Cheap One Bedroom Momence Apartment?

The lowest price for a Cheap One Bedroom Momence Apartment is $1,100 at 2045-2151 Meadow Ln.

What is the lowest price for a Cheap Two Bedroom Momence Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Momence is starting from $1,159 at ST JAMES SENIOR APARTMENTS.

What is the most affordable Momence Three Bedroom Apartment?

The best deal on a cheap Momence Three Bedroom Apartment rental is at Arbors at Hickory Creek and starts from $1,799.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.