219 Adams St
RockfordIL61107
Cheap Homes for Rent in Central Terrace Neighborhood of Rockford, IL from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Terrace area of Rockford.
714 S Greenview Ave
RockfordIL61102
2208 8th St
RockfordIL61104
619 Miriam Ave
RockfordIL61101
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
235 Royal Ave
RockfordIL61101
615 Miriam Ave
RockfordIL61101
1023 N Horsman St
RockfordIL61101
409 Tay St
RockfordIL61102
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Central Terrace, Rockford, IL Local Guide
How much does it cost to rent a home in Central Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Terrace 2 Bedroom Homes for Rent | $1,137 | $900 | $1,400 |
| Central Terrace 3 Bedroom Homes for Rent | $1,538 | $1,050 | $2,500 |
| Central Terrace 4 Bedroom Homes for Rent | $1,531 | $1,200 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Central Terrace Neighborhood of Rockford, IL.
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Central Terrace, Rockford, IL Local Guide
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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. Windsor Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $600. Here are the most affordable Central Terrace apartments for rent in Rockford, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rockford Housing Authority | Park Terrace 2 Bed | 2BR,1BA | $480 |
| Windsor Apartments | 3 bedroom 2 bathroom | 3BR,2BA | $600 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $715 |
Best Value Apartments for Rent in Central Terrace, IL
As of May 25, 2025 the best value apartment in the Central Terrace area is the $0.90 price per square foot 916 N Church St Model at 916 N Church St, Unit Upper Apt. in the in the Central Terrace neighborhood starting from $1,300. The second greatest value Central Terrace apartment is the 3 bedroom 1.5 bath Model at Carlton Apartments starting at $1,100 with a $0.79 price per square foot in the North Rockford neighborhood. Here is today’s list of the best values for Central Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 916 N Church St, Unit Upper Apt. | 916 N Church St | 2BR,1BA | $0.90 |
| Carlton Apartments | 3 bedroom 1.5 bath | 3BR,1.5BA | $0.79 |
| 1118 9th Ave, Unit #1 | 1118 9th Ave | 2BR,1BA | $0.71 |
| 1510 School St, Unit 1st Floor | 1510 School St | 3BR,1BA | $0.75 |
| 520 N Horsman St, Unit Upper | 520 N Horsman St | 3BR,1BA | $0.82 |
| 1229 S Church St, Unit #2 | 1229 S Church St | 3BR,1BA | $1.03 |
| Windsor Apartments | 1 bedroom 1 bathroom | 1BR,1BA | $0.87 |
| 2802 S Main St, Unit #7 | 2802 S Main St | 1BR,1BA | $1.04 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $1.10 |
| Rockford Housing Authority | Olesen Plaza 1 Bed | 1BR,1BA | $0.98 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Central Terrace
What type of rentals are currently available in Central Terrace?
There are currently 89 Apartments for Rent in Central Terrace, IL with pricing that ranges from $480 to $2,500. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Terrace ranging from $900 to $2,500.
What is the current price range for Rental Homes in Central Terrace?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Terrace ranges from $900 to $2,500 with an average monthly rent of $1,402.
How much are larger Three and Four Bedroom Rentals in Central Terrace?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Terrace range from $950 to $1,225, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,350.
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 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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.