Cheap Apartments for Rent in the Central Terrace Neighborhood of Rockford, IL from $400 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Terrace area of Rockford.

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Skyrise Apartments
1 Bedroom Apartments

Skyrise Apartments

837 N Main StRockford, IL 61103
Senior Living
  • Utilities Included
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Somerset Apartments
1 Bedroom Apartments

Somerset Apartments

1020 N Main StRockford, IL 61103
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718 N Court St
1 Bedroom Apartments

718 N Court St

718 N Court StRockford, IL 61103
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Valencia Apartments
1 to 2 Bedroom Apartments

Valencia Apartments

500-518 Fisher AveRockford, IL 61103
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Mandel Apartments
1 Bedroom Apartments

Mandel Apartments

838 N Church StRockford, IL 61103
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Central Terrace, Rockford, IL Local Guide

Cheapest Available Central Terrace Apartments for Rent

 

The cheapest available apartment rental in the Central Terrace area of Rockford, IL is a 2 Beds unit found at Rockford Housing Authority priced from $480. Roberts Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here are the most affordable Central Terrace apartments for rent in Rockford, IL:

Apartment ListingModel NameBed/BathPriced From
Rockford Housing AuthorityPark Terrace 2 Bed2BR,1BA$480
Roberts Court1 Bed, 1 bath1BR,1BA$715
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$825
Whitestone Manor Apartments529 N Main StudioStudio,1BA$850
Rockford Ridge2BD 1 BTH2BR,1BA$1,081

Best Value Apartments for Rent in Central Terrace, IL

As of September 16, 2025 the best value apartment in the Central Terrace area is the $1.05 price per square foot 102 7th St Model at 102 7th St, Unit 2 in the in the Central Terrace neighborhood starting from $1,575. The second greatest value Central Terrace apartment is the 1510 School St Model at 1510 School St, Unit 1st Floor starting at $950 with a $0.75 price per square foot in the Central Terrace neighborhood. Here is today’s list of the best values for Central Terrace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
102 7th St, Unit 2102 7th St4BR,1BA$1.05
1510 School St, Unit 1st Floor1510 School St3BR,1BA$0.75
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$0.67
520 N Horsman St, Unit Upper520 N Horsman St3BR,1BA$0.82
1229 S Church St, Unit #21229 S Church St3BR,1BA$1.03
Rockford Ridge2BD 1 BTH2BR,1BA$1.52
Roberts Court1 Bed, 1 bath1BR,1BA$1.10
Whitestone Manor Apartments529 N Main StudioStudio ,1BA$1.62
2802 S Main St, Unit #42802 S Main St2BR,1BA$1.57
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98

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Pet Friendly Lifestyle
Central Terrace, Rockford, IL

Ranked #27

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Central Terrace Apartments

What is a cheap apartment in Central Terrace?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Terrace is under $1,195.

What is the price of a cheap apartment in Central Terrace?

The cheapest apartment in Central Terrace is Rockford Housing Authority which is listed at $480, while the average apartment in Central Terrace costs $1,462.

What types of apartments are the cheapest in Central Terrace?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Central Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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