Cheap Apartments for Rent in Sheridan, IL from $400 (15 Rentals)

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

Sheridan, IL Local Guide

Cheapest Available Sheridan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sheridan, IL is a 1 Bed unit found at Fox Hill Senior Living in the Raintree Village Duplexes neighborhood priced from $656. 103 W Railroad St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Sheridan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fox Hill Senior Living1x1-H1BR,1BA$656
103 W Railroad St1 bedroom apt1BR,1BA$800
Deville ManorOne Bedroom1BR,1BA$1,200
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
Arbor West Apartments1BR/1BA small1BR,1BA$1,350

Best Value Apartments for Rent in Sheridan, IL and Nearby

As of July 23, 2025 the best value apartment in the Sheridan area is the $1.68 price per square foot Campania End Model at Bristol Bay of Yorkville in the in the Blackberry Crossing West neighborhood starting from $2,900. The second greatest value Sheridan apartment is the Willowood Model at Redwood Aurora starting at $2,549 with a $1.85 price per square foot in the West Side Aurora neighborhood. Here is today’s list of the best values for Sheridan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bristol Bay of YorkvilleCampania End3BR,2.5BA$1.68
Redwood AuroraWillowood2BR,2BA$1.85
Reserve at Fox River ApartmentsTwo Bedroom B12BR,2BA$1.63
Ravine Woods Apartments2 Bedroom - North2BR,1BA$1.58
Aurora At Summerfield ApartmentsBurnham1BR,1BA$1.93
Farmington Lakes ApartmentsHawthorn II1BR,1BA$2.04
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Fox Hill Senior Living1x11BR,1BA$1.28
Deville ManorOne Bedroom1BR,1BA$1.49
103 W Railroad St1 bedroom apt1BR,1BA$1.78

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Getting Around Sheridan, IL

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Sheridan Apartments

What is the Cheapest Studio apartment in Sheridan?

Currently the most affordable Cheap Studio Apartment in Sheridan is at Springs At Oswego listed at $1,510.

How much is rent for a Cheap One Bedroom Sheridan Apartment?

The lowest price for a Cheap One Bedroom Sheridan Apartment is $656 at Fox Hill Senior Living.

What is the lowest price for a Cheap Two Bedroom Sheridan Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sheridan is starting from $1,159 at Fox Hill Senior Living.

What is the most affordable Sheridan Three Bedroom Apartment?

The best deal on a cheap Sheridan Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.