
Cheap Homes for Rent near Nilwood, IL from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Nilwood.


1616 S 7th St

50 Iroquois Dr

2160 S Martin Luther King Jr Dr

2525 W Monroe St

2136 S 9th St
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.

2451 S 11th St

2155 S 13th St

205 N North St

1805 E Morgan Ave

2016 Salu St

1028 W Iles Ave
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.
Nilwood, IL Local Guide

How much does it cost to rent a home in Nilwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nilwood 2 Bedroom Homes for Rent | $1,087 | $750 | $1,850 |
| Nilwood 3 Bedroom Homes for Rent | $1,802 | $1,000 | $2,950 |
| Nilwood 4 Bedroom Homes for Rent | $2,857 | $2,395 | $3,500 |
| Nilwood 5 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
| Nilwood 7 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Nilwood
Explore Nilwood
Nilwood, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Nilwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Nilwood, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $485. Whispering Pines Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Nilwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $485 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
| The Hickox Collection | The Hickox | Studio,1BA | $665 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $800 |
Best Value Apartments for Rent in Nilwood, IL and Nearby
As of July 24, 2026 the best value apartment in the Nilwood area is the $1.09 price per square foot 3 Bedroom Model at Ash Grove in the starting from $1,450. The second greatest value Nilwood apartment is the Townhome Model at Ravenwood Townhomes starting at $895 with a $0.90 price per square foot . Here is today’s list of the best values for Nilwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ash Grove | 3 Bedroom | 3BR,2BA | $1.09 |
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.90 |
| Candles | B1 | 2BR,1.5BA | $1.01 |
| Koke Mill Apartments | Two Bedroom | 2BR,1BA | $1.11 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $1.03 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| 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 Nilwood, IL Rentals by Map
See the most popular apartments and homes in Nilwood, IL
Frequently Asked Questions about Nilwood
What type of rentals are currently available in Nilwood?
There are currently 44 Apartments for Rent in Nilwood, IL with pricing that ranges from $347 to $3,400. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nilwood ranging from $700 to $3,500.
What is the current price range for Rental Homes in Nilwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Nilwood ranges from $700 to $3,500 with an average monthly rent of $2,107.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.