
Cheap Apartments for Rent in Rutland, IL from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Rutland.


Summertree Rental Residences

Forest Park Apartments

Winkler Village Apartments

Phoenix Apartments of Pontiac

Cedar Crossing Apartments

CollegePlace Uptown

Versailles Apartments
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.

Lincoln Square Apartments

Parkway Court Apartments

504 S Sweetbriar Dr

300 Shelbourne

Ironwood Gardens Apartments

Pinecrest Apartments

Pontiac Towers

Briarwood II
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.

The Mallard Way Rental Community

Dunlap Lakeside

BayOak

Oak Point Apartments

St James Place

Healing Stone Court Apartments

Knoxville Pointe

1512 E Gardner Ln
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.

The Hillsides

Williams Street Townhomes

415-421 W Forrest Lawn Ave

1007 Sheryl Ln

506-530 Main St

537 1/2 Bucklin St

526 Fairholm Ave

107 College Park Ct
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.

2 Curtis Ct

826 N Spalding St

Parkview Apartments

4111 Blvd

1101 Cambridge Dr

Prairie Vista Apartments

802 Deleon St

31373 Burt Ct
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.

4914 North Best Street

1802 Church St
Rutland, IL Local Guide

How much does it cost to rent an apartment in Rutland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rutland Studio Apartments | $1,276 | $700 | $1,993 |
| Rutland 1 Bedroom Apartments | $1,263 | $725 | $3,176 |
| Rutland 2 Bedroom Apartments | $1,400 | $664 | $3,349 |
| Rutland 3 Bedroom Apartments | $1,600 | $798 | $2,800 |
| Rutland 4 Bedroom Apartments | $1,526 | $659 | $2,499 |
Browse Top Apartments in Rutland
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Rutland, IL Local Guide
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Cheapest Available Rutland Apartments for Rent and Nearby
 The cheapest available apartment rental in Rutland, IL is a 1 Bed unit found at Colonial Village priced from $625. Winkler Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Rutland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colonial Village | 1 Bedroom | 1BR,1BA | $625 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
| Phoenix Apartments of Pontiac | One Bedroom Deluxe | 1BR,1BA | $795 |
| CollegePlace Uptown | 2BR/1BA | 2BR,1BA | $845 |
| Parkway Court Apartments | 1 bedroom/1 bath apartment | 1BR,1BA | $900 |
| 300 Shelbourne | 1/1 | 1BR,1BA | $905 |
| Ironwood Gardens Apartments | Studio | Studio,1BA | $927 |
| Pontiac Towers | 1 Bedroom | 1BR,1BA | $990 |
| Lincoln Square Apartments | 2 Bedroom 1.5 Bath Townhouse. | 2BR,1BA | $1,030 |
| The Mallard Way Rental Community | 2 bed 2 bath | 2BR,2BA | $1,100 |
Best Value Apartments for Rent in Rutland, IL and Nearby
As of May 07, 2026 the best value apartment in the Rutland area is the $1.16 price per square foot 2x2 Model at Cedar Creek Apartments in the starting from $1,395. The second greatest value Rutland apartment is the 2BR/2.0BA Model at Cypress Ridge Apartments starting at $1,575 with a $1.32 price per square foot . Here is today’s list of the best values for Rutland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cedar Creek Apartments | 2x2 | 2BR,2BA | $1.16 |
| Cypress Ridge Apartments | 2BR/2.0BA | 2BR,2BA | $1.32 |
| Harvest View | 2/2 First Floor | 2BR,2BA | $1.25 |
| Lincoln Square Apartments | 2 Bedroom 1.5 Bath Townhouse. | 2BR,1.5BA | $1.07 |
| BayOak | Bay | 2BR,2BA | $1.23 |
| The Mallard Way Rental Community | 1 bed 1 bath | 1BR,1BA | $1.22 |
| 700 N Adelaide St | Rent Per Student for 2 | 2BR,1.5BA | $0.78 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Colonial Village | 1 Bedroom | 1BR,1BA | $1.14 |
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.
Read ArticleReal 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.
Read ArticleQuick 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 Rutland, IL Rentals by Map
See the most popular apartments and homes in Rutland, IL
Frequently Asked Questions about Cheap Rutland Apartments
What is the Cheapest Studio apartment in Rutland?
Currently the most affordable Cheap Studio Apartment in Rutland is at Ironwood Gardens Apartments listed at $927.
How much is rent for a Cheap One Bedroom Rutland Apartment?
The lowest price for a Cheap One Bedroom Rutland Apartment is $625 at Colonial Village.
What is the lowest price for a Cheap Two Bedroom Rutland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rutland is starting from $845 at CollegePlace Uptown.
What is the most affordable Rutland Three Bedroom Apartment?
The best deal on a cheap Rutland Three Bedroom Apartment rental is at The Mallard Way Rental Community and starts from $1,200.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.