Cheap Apartments for Rent near Rutland, IL from $625 (34 Rentals)

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

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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property at 134 Marquette St
$850
2 Bedroom, 1 Bath Home for Rent
Available Now

134 Marquette St

La SalleIL61301
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1512 E Gardner Ln
1 to 3 Bedroom Apartments

1512 E Gardner Ln

1512 E Gardner LnPeoria Heights, IL 61616
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The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included

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.

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2 Curtis Ct
2 Bedroom Apartments

2 Curtis Ct

2 Curtis CtNormal, IL 61761
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Parkview Apartments
1 to 3 Bedroom Apartments

Parkview Apartments

101 Northfield DrNormal, IL 61761
  • Utilities Included

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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1101 Cambridge Dr
2 Bedroom Apartments

1101 Cambridge Dr

1101 Cambridge DrWashington, IL 61571
  • Utilities Included
Showing Results 1-34, Page 1 of 1

Rutland, IL Local Guide

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 in the Woodford County neighborhood 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 ListingModel NameBed/BathPriced From
Colonial Village1 Bedroom1BR, 1BA$625
Winkler Village Apartments1BD 1BTH1BR, 1BA$725
Ironwood Gardens ApartmentsStudioStudio, 1BA$853
CollegePlace Uptown2BR/1BA - Upgrade2BR, 1BA$860
1512 E Gardner Ln1BR/1.0BA1BR, 1BA$875
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR, 1BA$895
Pontiac Towers1 Bedroom1BR, 1BA$990
The Current Apartments!StudioStudio, 1BA$1,025
Lincoln Square Apartments2 Bedroom 1.5 Bath Townhouse.2BR, 1BA$1,030
The Mallard Way Rental Community2 bed 2 bath2BR, 2BA$1,100

Best Value Apartments for Rent in Rutland, IL and Nearby

As of September 20, 2026 the best value apartment in the Rutland area is the $0.54 price per square foot The Reggie Renovated Model at The Social Normal starting from $679. The second greatest value Rutland apartment is the 2x2 Model at Cedar Creek Apartments starting at $1,395 with a $1.16 price per square foot. Here is today’s list of the best values for Rutland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Social NormalThe Reggie Renovated4BR, 4BA$0.54
Cedar Creek Apartments2x22BR, 2BA$1.16
Cypress Ridge Apartments2BR/2.0BA2BR, 2BA$1.52
The Atworth2 Bedroom 2 Bathroom2BR, 2BA$1.42
Lincoln Square Apartments2 Bedroom 1.5 Bath Townhouse.2BR, 1.5BA$1.07
The Mallard Way Rental Community1 bed 1 bath1BR, 1BA$1.22
700 N Adelaide StRent Per Student for 22BR, 1.5BA$0.74
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR, 1BA$1.05
Winkler Village Apartments1BD 1BTH1BR, 1BA$1.06
Colonial Village1 Bedroom1BR, 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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Rutland, IL Rentals by Map

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See the most popular apartments and homes in Rutland, IL

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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 $851.

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 $860 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 Lincoln Square Apartments and starts from $1,090.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.