Cheap Apartments for Rent in South Wilmington, IL from $700 (40 Rentals)

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

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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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.

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1304 E North St
1 to 2 Bedroom Apartments

1304 E North St

1304 E North StBradley, IL 60915
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Pine Ridge
1 to 2 Bedroom Apartments

Pine Ridge

1112 Parkwood DrJoliet, IL 60432
  • Utilities Included

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.

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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420
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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901

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.

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property at 318 Liberty St

$1,500 - $1,600

1 To 2 Bedroom Rentals

Available Now

318 Liberty St

MorrisIL60450

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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Showing Results 1-40, Page 1 of 1

South Wilmington, IL Local Guide

Cheapest Available South Wilmington Apartments for Rent and Nearby

 

The cheapest available apartment rental in South Wilmington, IL is a 1 Bed unit found at Phoenix Apartments of Pontiac priced from $795. Stone Falls in the Sunset Point neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here is today’s list of the most affordable South Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
Stone FallsOne Bedroom, Base Package1BR,1BA$949
Pontiac Towers1 Bedroom1BR,1BA$990
811 Covey Ln1x11BR,1BA$1,200
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
The Woodlands of Crest HillStudio CStudio,1BA$1,219
Bays Tower ApartmentsStudio1BR,1BA$1,250
The Birches Apartments1s1BR,1BA$1,305
Willow Run of Crest Hill1 bedroom1BR,1BA$1,359
The Port1G1BR,1BA$1,500

Best Value Apartments for Rent in South Wilmington, IL and Nearby

As of June 11, 2026 the best value apartment in the South Wilmington area is the $2.19 price per square foot Willowood Model at Redwood Lockport in the in the Maple Hill neighborhood starting from $3,024. The second greatest value South Wilmington apartment is the Highlands Model at Reserve at Romeoville starting at $2,231 with a $1.88 price per square foot in the Rockdale Junction neighborhood. Here is today’s list of the best values for South Wilmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood LockportWillowood2BR,2BA$2.19
Reserve at RomeovilleHighlands2BR,2BA$1.88
Reserve at Fox River3BR3BR,2BA$1.78
Pheasant Run Apartmentssc3s1.53BR,1.5BA$1.77
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
811 Covey Ln1x11BR,1BA$1.33
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
Village Place ApartmentsOak1BR,1BA$2.23
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Pontiac Towers1 Bedroom1BR,1BA$1.87

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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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore South Wilmington, IL Rentals by Map

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See the most popular apartments and homes in South Wilmington, IL

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Frequently Asked Questions about Cheap South Wilmington Apartments

What is the Cheapest Studio apartment in South Wilmington?

Currently the most affordable Cheap Studio Apartment in South Wilmington is at The Woodlands of Crest Hill listed at $1,219.

How much is rent for a Cheap One Bedroom South Wilmington Apartment?

The lowest price for a Cheap One Bedroom South Wilmington Apartment is $795 at Phoenix Apartments of Pontiac.

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

Today's best deal for a Cheap Two Bedroom Apartment in South Wilmington is starting from $895 at Phoenix Apartments of Pontiac.

What is the most affordable South Wilmington Three Bedroom Apartment?

The best deal on a cheap South Wilmington 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

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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.

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.