143 McClelland St
Blue MoundIL62513
Cheap Homes for Rent in Palmer, IL from $500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Palmer.
205 North St
RaymondIL62560
913 N Taylorville Blvd
TaylorvilleIL62568
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.
3048 S 11th St
SpringfieldIL62703
106 E Vine St
TaylorvilleIL62568
3126 Butler St
SpringfieldIL62703
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
1113 Grooms
PawneeIL62558
Showing Results 1-7, Page 1 of 1
Palmer, IL Local Guide
Corn at the farmers market by Gemma Billings is licensed under CC BY 2.0
How much does it cost to rent a home in Palmer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmer 2 Bedroom Homes for Rent | $990 | $685 | $1,300 |
| Palmer 3 Bedroom Homes for Rent | $1,751 | $1,150 | $2,900 |
| Palmer 4 Bedroom Homes for Rent | $2,232 | $1,600 | $3,350 |
| Palmer 5 Bedroom Homes for Rent | $1,110 | $1,110 | $1,110 |
Browse Top Homes for Rent in Palmer
Explore Palmer
Palmer, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Palmer Apartments for Rent and Nearby
The cheapest available apartment rental in Palmer, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. The Hickox Collection in the Downtown Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $628. Here is today’s list of the most affordable Palmer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| The Hickox Collection | The Hickox | Studio,1BA | $628 |
| Denison Place | One Bedroom | 1BR,1BA | $675 |
Best Value Apartments for Rent in Palmer, IL and Nearby
As of August 23, 2025 the best value apartment in the Palmer area is the $0.90 price per square foot Two Bedroom Two Bath Model at Koke Mill Apartments in the starting from $950. The second greatest value Palmer apartment is the Townhome Model at Ravenwood Townhomes starting at $875 with a $0.88 price per square foot . Here is today’s list of the best values for Palmer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Koke Mill Apartments | Two Bedroom Two Bath | 2BR,2BA | $0.90 |
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
| Orchard Park | 2 Bedroom 1 Bath Deluxe | 2BR,1BA | $1.18 |
| Meadow View Landing | 2 Bedroom/1 Bath | 2BR,1BA | $1.04 |
| Safe Harbor Properties | Downtown | 1BR,1BA | $1.03 |
| Huntington Ridge Apartments | Two Bedroom | 2BR,1BA | $1.22 |
| Denison Place | One Bedroom | 1BR,1BA | $0.84 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
Quick 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.
Let everyone know!
Do you know the Palmer area?
If you’re an expert on all things Palmer, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Palmer, IL Rentals by Map
See the most popular apartments and homes in Palmer, IL
Frequently Asked Questions about Palmer
What type of rentals are currently available in Palmer?
There are currently 39 Apartments for Rent in Palmer, IL with pricing that ranges from $575 to $2,060. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmer ranging from $500 to $3,350.
What is the current price range for Rental Homes in Palmer?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palmer ranges from $500 to $3,350 with an average monthly rent of $1,334.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.
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.