
Cheap Homes for Rent near New Salem, IL from $325 (16 Rentals)
Search the lowest-cost Homes available for rent right now in New Salem.


1537 Wilkes Ave

410 N Monroe St

201-220 Charleston Blvd

201 Charleston Blvd
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.

208 E Bland St

322 S Madison St

210 E Bland St

661 N 19th St

119 N 1st St
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.

1000 Lakewood Dr

200 E Maple St

406 S 3rd St

522 W Murray St

735 E College Ave
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.

5020 College Ave
New Salem, IL Local Guide

How much does it cost to rent a home in New Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Salem 2 Bedroom Homes for Rent | $1,161 | $325 | $2,100 |
| New Salem 3 Bedroom Homes for Rent | $1,690 | $385 | $2,950 |
| New Salem 4 Bedroom Homes for Rent | $2,463 | $1,795 | $3,500 |
| New Salem 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
Browse Top Homes for Rent in New Salem
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New Salem, IL Local Guide
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Cheapest Available New Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in New Salem, IL is a 2 Beds unit found at Cedar Creek Crossing Apartments priced from $267. Macomb Rentals has the second lowest priced unit, which is a Studio apartment currently listed from $390. Here is today’s list of the most affordable New Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedar Creek Crossing Apartments | 2 Bed 2 Bath | 2BR,2BA | $267 |
| Macomb Rentals | Studio, 1 bath | Studio,1BA | $390 |
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $485 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $560 |
| Smith and Royer Apartments | 1 Bedroom Side Apartment | 1BR,1BA | $650 |
Best Value Apartments for Rent in New Salem, IL and Nearby
As of August 29, 2026 the best value apartment in the New Salem area is the $1.31 price per square foot Townhomes Exterior Phase B Model at Quail Run Apartments and Townhomes in the in the Lincoln County neighborhood starting from $1,900. The second greatest value New Salem apartment is the Apt 101 S Model at Emerson Garden Apartments starting at $1,750 with a $1.35 price per square foot . Here is today’s list of the best values for New Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Quail Run Apartments and Townhomes | Townhomes Exterior Phase B | 3BR,2.5BA | $1.31 |
| Emerson Garden Apartments | Apt 101 S | 3BR,2BA | $1.35 |
| Creekside Park | 3 BR / 2 BA | 3BR,2BA | $0.85 |
| Northridge I | Maple | 3BR,1.5BA | $1.12 |
| Boone Street Commons | 3rd Floor 2x2 RIC | 2BR,2BA | $1.23 |
| Cedar Creek Crossing Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.28 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $1.03 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.87 |
| Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.88 |
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 ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Salem, IL Rentals by Map
See the most popular apartments and homes in New Salem, IL
Frequently Asked Questions about New Salem
What type of rentals are currently available in New Salem?
There are currently 38 Apartments for Rent in New Salem, IL with pricing that ranges from $347 to $5,600. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Salem ranging from $325 to $3,500.
What is the current price range for Rental Homes in New Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Salem ranges from $325 to $3,500 with an average monthly rent of $1,429.
How much are larger Three and Four Bedroom Rentals in New Salem?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Salem range from $900 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $385 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $600.
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

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.

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.

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.

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.