
Cheap Apartments for Rent in Rutland, IL from $600 (44 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

Pinecrest Apartments

CollegePlace Uptown
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.

Versailles Apartments

Lincoln Square Apartments

Parkway Court Apartments

504 S Sweetbriar Dr

300 Shelbourne

Ironwood Gardens Apartments

Briarwood II

Pontiac Towers
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.

Dunlap Lakeside

The Current Apartments

The Mallard Way Rental Community

BayOak

Oak Point Apartments

St James Place

Healing Stone Court Apartments

1108 Paul St
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.

220 7th St

130-132 Fauber Ln

725 Joliet St

1512 E Gardner Ln

The Hillsides

611 W Matthews St

809 Calhoun St

415-421 W Forrest Lawn Ave
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.

1320 Maple Dr

526 Fairholm Ave

537 1/2 Bucklin St

2 Curtis Ct

1314 Maple Dr

Williams Street Townhomes

826 N Spalding St

419 W Washington St
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.

Parkview Apartments

1101 Cambridge Dr

118 E Canal St

Prairie Vista Apartments
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 | $1,619 | $700 | $3,433 |
| Rutland 1 Bedroom Apartments | $1,329 | $725 | $3,730 |
| Rutland 2 Bedroom Apartments | $1,362 | $664 | $4,083 |
| Rutland 3 Bedroom Apartments | $1,566 | $798 | $2,800 |
| Rutland 4 Bedroom Apartments | $1,521 | $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 |
| Versailles Apartments | Tradition - 1BR / 1BA | 1BR,1BA | $880 |
| 300 Shelbourne | 1/1 | 1BR,1BA | $905 |
| Ironwood Gardens Apartments | Studio | Studio,1BA | $926 |
| Pontiac Towers | 1 Bedroom | 1BR,1BA | $990 |
| The Current Apartments | Studios | Studio,1BA | $1,025 |
| Lincoln Square Apartments | 2 Bedroom 1.5 Bath Townhouse. | 2BR,1BA | $1,030 |
Best Value Apartments for Rent in Rutland, IL and Nearby
As of June 21, 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 Oakbrook Model at BayOak starting at $1,113 with a $0.95 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 |
| BayOak | Oakbrook | 2BR,2BA | $0.95 |
| Harvest View | 2/2 First Floor | 2BR,2BA | $1.21 |
| Lincoln Square Apartments | 2 Bedroom 1.5 Bath Townhouse. | 2BR,1.5BA | $1.07 |
| 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 |
| Versailles Apartments | Tradition - 1BR / 1BA | 1BR,1BA | $1.13 |
| The Social Normal | The Redbird Corner Renovated | 2BR,2BA | $1.03 |
| 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
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.

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.