Cheap Homes for Rent near Paloma, IL from $325 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in Paloma.

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.

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.

property at 661 N 19th St

$691 - $760

2 Bedroom Rentals

Available Now

661 N 19th St

HamiltonIL62341

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.

Paloma, IL Local Guide

Cheapest Available Paloma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paloma, 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 Paloma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Creek Crossing Apartments2 Bed 2 Bath2BR,2BA$267
Macomb RentalsStudio, 1 bathStudio,1BA$390
Jacksonville Affordable Housing1 Bedroom 50%1BR,1BA$485
Smith and Royer Apartments1 Bedroom Side Apartment1BR,1BA$650
Bel Aire Apartments1 Bedroom1BR,1BA$700

Best Value Apartments for Rent in Paloma, IL and Nearby

As of August 29, 2026 the best value apartment in the Paloma area is the $0.85 price per square foot 3 BR / 2 BA Model at Creekside Park in the starting from $1,029. The second greatest value Paloma apartment is the Blaul Lofts - 309 Model at Blaul Lofts starting at $1,200 with a $1.00 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Creekside Park3 BR / 2 BA3BR,2BA$0.85
Blaul LoftsBlaul Lofts - 3092BR,1BA$1.00
School House Apartments2 Bedroom and 1 Bath2BR,1BA$1.03
Cedar Creek Crossing Apartments2 Bed 2 Bath2BR,2BA$0.28
Westland Village2x12BR,1BA$0.89
Hawthorne Townhomes2 Bedrooms 2 Bath2BR,1.5BA$0.94
Alice Place West Burlington2-Bedroom2BR,1BA$1.13
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$1.03
Park Madison Apartments1BR/1BA1BR,1BA$1.00
Jacksonville Affordable Housing1 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Paloma

What type of rentals are currently available in Paloma?

There are currently 45 Apartments for Rent in Paloma, IL with pricing that ranges from $347 to $5,600. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paloma ranging from $325 to $1,700.

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 $325 to $1,700 with an average monthly rent of $948.

How much are larger Three and Four Bedroom Rentals in Paloma?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Paloma range from $900 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $385 to $1,300. Four Bedroom Single-Family rentals are also available starting from $1,700 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

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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.

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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.

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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.

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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.