
Cheap Homes for Rent in Paloma, IL from $300 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Paloma.


725 E Monroe St

636 Payson Ave

119 Vanburen Ct

518 W Murray St

524 W Murray St

516 South St

109 E Jackson St

617 W Calhoun St

2711 Flint Hills Dr

728 Sweeny Ave

119 N 1st St

121 S Jefferson St

1013 Doemland St
Paloma, IL Local Guide

How much does it cost to rent a home in Paloma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Paloma 2 Bedroom Homes for Rent | $915 | $399 | $1,250 |
Paloma 3 Bedroom Homes for Rent | $1,302 | $750 | $1,950 |
Paloma 5 Bedroom Homes for Rent | $1,400 | $1,400 | $1,400 |
Browse Top Homes for Rent in Paloma
Explore Paloma
Paloma, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Paloma Apartments for Rent and Nearby
 The cheapest available apartment rental in Paloma, IL is a Studio unit found at Macomb Rentals priced from $390. Jacksonville Affordable Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $462. Here is today’s list of the most affordable Paloma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Macomb Rentals | Studio, 1 bath | Studio,1BA | $390 |
Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $462 |
Alice Place West Burlington | 1-Bedroom ADA | 1BR,1BA | $515 |
Bel Aire Apartments | 1 Bedroom | 1BR,1BA | $645 |
Smith and Royer Apartments | 1 Bedroom | 1BR,1BA | $650 |
Best Value Apartments for Rent in Paloma, IL and Nearby
As of October 15, 2025 the best value apartment in the Paloma area is the $1.08 price per square foot Three Beds Two Baths Model at Emerson Garden Apartments in the starting from $1,400. The second greatest value Paloma apartment is the Blaul Lofts - 311 Model at Blaul Lofts starting at $1,325 with a $1.12 price per square foot in the Ginger Ridge neighborhood. Here is today’s list of the best values for Paloma apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Emerson Garden Apartments | Three Beds Two Baths | 3BR,2BA | $1.08 |
Blaul Lofts | Blaul Lofts - 311 | 2BR,1BA | $1.12 |
1500 N Carolina St | 3x2 | 3BR,2BA | $1.00 |
Park Madison Apartments | 2BR/1BA | 2BR,1BA | $0.89 |
Alice Place West Burlington | 2-Bedroom | 2BR,1BA | $0.90 |
New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $0.97 |
Westland Village | 1x1 | 1BR,1BA | $1.00 |
Bel Aire Apartments | 2 Bedrooms | 2BR,1BA | $1.18 |
Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.84 |
Caspian Village Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.16 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Paloma, IL Rentals by Map
See the most popular apartments and homes in Paloma, IL
Frequently Asked Questions about Paloma
What type of rentals are currently available in Paloma?
There are currently 40 Apartments for Rent in Paloma, IL with pricing that ranges from $300 to $1,900. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paloma ranging from $399 to $1,950.
What is the current price range for Rental Homes in Paloma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Paloma ranges from $399 to $1,950 with an average monthly rent of $994.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

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.