Cheap Apartments for Rent in Russell, IL from $700 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in Russell.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Brookstone Apartments
1 to 2 Bedroom Apartments

Brookstone Apartments

4247 Hickory Hills DrWaukegan, IL 60087
  • Utilities Included

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Villa Rae Apartments
2 Bedroom Apartments

Villa Rae Apartments

3816 89th StKenosha, WI 53142
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-37, Page 1 of 1

Russell, IL Local Guide

Cheapest Available Russell Apartments for Rent and Nearby

 

The cheapest available apartment rental in Russell, IL is a 1 Bed unit found at Woodstone Village Apartments in the Cypress Park neighborhood priced from $1,200. Country Chalet Apartments in the Shepherds Crossing neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,270. Here is today’s list of the most affordable Russell apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodstone Village Apartments1x1 6951BR,1BA$1,200
Country Chalet Apartments1 Bed 1 Bath Renovated1BR,1BA$1,270
Fountain RidgeBitternStudio,1BA$1,295
Southcrest ApartmentsSCA 8615-14 JUNE 15TH 20262BR,1BA$1,350
WestchesterTwo Bed One Bath2BR,1BA$1,358
Willow Wind1 bedroom1BR,1BA$1,400
Hidden OakHawthorne2BR,2BA$1,449
Carmel House1bdB1BR,1BA$1,515
Reserve at Eagle RidgeThe Thunderbird2BR,1BA$1,595
The Reserve At KenoshaS2Studio,1BA$1,629

Best Value Apartments for Rent in Russell, IL and Nearby

As of June 12, 2026 the best value apartment in the Russell area is the $1.89 price per square foot B2 Model at Inspire Prairie Springs in the in the Midlane Club Mews neighborhood starting from $2,225. The second greatest value Russell apartment is the Two Bedroom Lower Model at Courtyard Junction Apartments starting at $1,660 with a $1.46 price per square foot in the Strawberry Creek neighborhood. Here is today’s list of the best values for Russell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Inspire Prairie SpringsB22BR,2BA$1.89
Courtyard Junction ApartmentsTwo Bedroom Lower2BR,2BA$1.46
The Falls at Pike Creek ApartmentsWentworth2BR,2BA$1.82
Breeze Terrace1B1BR,1BA$1.99
Southcrest ApartmentsPTA 3019-17 JULY 15TH 20262BR,1BA$1.50
WestchesterTwo Bed One Bath2BR,1BA$1.53
Reserve at Eagle RidgeThe Thunderbird2BR,1BA$1.88
Willow Wind1 bedroom1BR,1BA$1.75
Country Chalet Apartments1 Bed 1 Bath Renovated1BR,1BA$1.69
Woodstone Village Apartments1x1 6951BR,1BA$1.73

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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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.

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

Explore Russell, IL Rentals by Map

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Frequently Asked Questions about Cheap Russell Apartments

What is the Cheapest Studio apartment in Russell?

Currently the most affordable Cheap Studio Apartment in Russell is at Fountain Ridge listed at $1,295.

How much is rent for a Cheap One Bedroom Russell Apartment?

The lowest price for a Cheap One Bedroom Russell Apartment is $1,200 at Woodstone Village Apartments.

What is the lowest price for a Cheap Two Bedroom Russell Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Russell is starting from $1,350 at Southcrest Apartments.

What is the most affordable Russell Three Bedroom Apartment?

The best deal on a cheap Russell Three Bedroom Apartment rental is at Hidden Oak and starts from $1,788.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.