759 E Lawrence St
DecaturIL62521
Cheap Homes for Rent near Palmer, IL from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Palmer.
205 North St
RaymondIL62560
1616 S 7th St
SpringfieldIL62703
50 Iroquois Dr
PawneeIL62558
2160 S Martin Luther King Jr Dr
SpringfieldIL62703
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.
913 N Taylorville Blvd
TaylorvilleIL62568
2136 S 9th St
SpringfieldIL62703
2451 S 11th St
SpringfieldIL62703
2155 S 13th St
SpringfieldIL62703
205 N North St
RaymondIL62560
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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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 | $1,108 | $750 | $1,850 |
| Palmer 3 Bedroom Homes for Rent | $1,396 | $595 | $2,250 |
| Palmer 4 Bedroom Homes for Rent | $2,797 | $2,700 | $2,895 |
| Palmer 5 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
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Palmer, IL Local Guide
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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. Country Place-Moweaqua I & ll has the second lowest priced unit, which is a 1 Bed apartment currently listed from $497. 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 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
Best Value Apartments for Rent in Palmer, IL and Nearby
As of July 22, 2026 the best value apartment in the Palmer 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 Palmer apartment is the 3BR/1.5BA Model at Decatur Flats Apartments starting at $1,100 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. |
|---|---|---|---|
| Ash Grove | 3 Bedroom | 3BR,2BA | $1.09 |
| Decatur Flats Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.88 |
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.90 |
| Candles | B1 | 2BR,1.5BA | $1.02 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $0.76 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
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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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 47 Apartments for Rent in Palmer, IL with pricing that ranges from $497 to $3,400. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palmer ranging from $595 to $2,895.
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 $595 to $2,895 with an average monthly rent of $1,740.
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.