
Cheap Apartments for Rent in Serena, IL from $400 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Serena.


Cedar Crossing Apartments

103 W Railroad St

Wedgewood Manor Active Senior Living

Leland Tower Apartments

Colony West Apartments

811 Covey Ln
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.

Tudor Park Apartments

Anderson Farms Apartments

Lakeview Residences

24138 - 24158 W Main St

Keystone Lofts

Arbor West Apartments

Ravine Woods Apartments
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.

ReNew Aurora

Avalon at Morris

Yorkville Apartments

The Reserve at Hudson Crossing

Springs At Oswego

Countryside Village Apartments

Westridge Apartments
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.

506-530 Main St

Village West Apartments

802 Deleon St

2304 Ashland Dr

707 Green Ridge Ave

111 W Moore St

Fox Valley Apartments- Lincoln School
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.

318 Liberty St
Serena, IL Local Guide

How much does it cost to rent an apartment in Serena?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Serena Studio Apartments | $1,595 | $825 | $1,855 |
| Serena 1 Bedroom Apartments | $1,792 | $656 | $2,262 |
| Serena 2 Bedroom Apartments | $2,252 | $1,075 | $2,999 |
| Serena 3 Bedroom Apartments | $2,875 | $1,309 | $4,001 |
| Serena 4 Bedroom Apartments | $3,330 | $3,235 | $3,445 |
Browse Top Apartments in Serena
See all Apartments in SerenaExplore Serena
Serena, IL Local Guide
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Cheapest Available Serena Apartments for Rent and Nearby
 The cheapest available apartment rental in Serena, IL is a 1 Bed unit found at 103 W Railroad St priced from $850. Wedgewood Manor Active Senior Living in the Ashcroft Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,070. Here is today’s list of the most affordable Serena apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 103 W Railroad St | 1 Bed, 1 bath | 1BR,1BA | $850 |
| Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1,070 |
| 811 Covey Ln | 1x1 | 1BR,1BA | $1,200 |
| Leland Tower Apartments | Benton | 1BR,1BA | $1,200 |
| Tudor Park Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,209 |
| Lakeview Residences | Lakeview Residences Studio Apartment | Studio,1BA | $1,325 |
| Keystone Lofts | Plan 1 | 1BR,1BA | $1,395 |
| Ravine Woods Apartments | 2 Bedroom - North | 2BR,1BA | $1,425 |
| ReNew Aurora | Ashford | 1BR,1BA | $1,435 |
| Arbor West Apartments | 1BR/1BA small | 1BR,1BA | $1,440 |
Best Value Apartments for Rent in Serena, IL and Nearby
As of May 01, 2026 the best value apartment in the Serena area is the $1.74 price per square foot Accera Model at Bristol Bay of Yorkville in the in the Blackberry Crossing West neighborhood starting from $2,595. The second greatest value Serena apartment is the 2BR Vista Model at Avanterra Wolfs Crossing starting at $2,781 with a $2.04 price per square foot in the Prescott Mill Crossings neighborhood. Here is today’s list of the best values for Serena apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bristol Bay of Yorkville | Accera | 2BR,2.5BA | $1.74 |
| Avanterra Wolfs Crossing | 2BR Vista | 2BR,2.5BA | $2.04 |
| Reserve at Fox River Apartments | Two Bedroom B1 | 2BR,2BA | $1.63 |
| The Reserve at Summerfield | DaVinci | 2BR,2BA | $1.87 |
| Keystone Lofts | Plan 1 | 1BR,1BA | $1.41 |
| Ravine Woods Apartments | 2 Bedroom - North | 2BR,1BA | $1.58 |
| 811 Covey Ln | 1x1 | 1BR,1BA | $1.33 |
| Downer Place Lofts | 1 Bed/1 Bath | 1BR,1BA | $2.02 |
| Tudor Park Apartments | Three Bedroom One Bathroom | 3BR,1BA | $1.64 |
| Wedgewood Manor Active Senior Living | B | 1BR,1BA | $1.78 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Serena, IL Rentals by Map
See the most popular apartments and homes in Serena, IL
Frequently Asked Questions about Cheap Serena Apartments
What is the Cheapest Studio apartment in Serena?
Currently the most affordable Cheap Studio Apartment in Serena is at Lakeview Residences listed at $1,325.
How much is rent for a Cheap One Bedroom Serena Apartment?
The lowest price for a Cheap One Bedroom Serena Apartment is $850 at 103 W Railroad St.
What is the lowest price for a Cheap Two Bedroom Serena Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Serena is starting from $1,209 at Tudor Park Apartments.
What is the most affordable Serena Three Bedroom Apartment?
The best deal on a cheap Serena Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.
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.