Cheap Homes for Rent in Rutland, IL from $500 (15 Rentals)

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

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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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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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. Pinecrest Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $690. Here is today’s list of the most affordable Rutland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colonial Village1 Bedroom1BR,1BA$625
Pinecrest ApartmentsNest - Studio / 1BAStudio,1BA$690
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$795

Best Value Apartments for Rent in Rutland, IL and Nearby

As of May 10, 2025 the best value apartment in the Rutland area is the $0.66 price per square foot 3 Bed 1 Bath Model at 1512 E Gardner Ln in the in the Northmoor Knolls neighborhood starting from $795. The second greatest value Rutland apartment is the Oakbrook | 2 Bedroom/2 Bath Model at BayOak Apartments starting at $1,133 with a $0.96 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.
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$0.66
BayOak ApartmentsOakbrook | 2 Bedroom/2 Bath2BR,2BA$0.96
The Mallard Way Rental Community1 bed 1 bath1BR,1BA$1.22
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.71
504 S Sweetbriar DrModel2BR,1BA$1.11
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$0.94
Briarwood II2 bedroom2BR,1BA$1.21
Brighton Woods1Bed1Bath1BR,1BA$1.06
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Colonial Village1 Bedroom1BR,1BA$1.14

Quick Rent Budget Calculator

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Frequently Asked Questions about Rutland

What type of rentals are currently available in Rutland?

There are currently 44 Apartments for Rent in Rutland, IL with pricing that ranges from $642 to $7,021. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rutland ranging from $500 to $3,750.

What is the current price range for Rental Homes in Rutland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rutland ranges from $500 to $3,750 with an average monthly rent of $1,465.

How much are larger Three and Four Bedroom Rentals in Rutland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rutland range from $776 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,700. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $649.

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.

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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.

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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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.