
Cheap Homes for Rent in South Wilmington, IL from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in South Wilmington.


318 Liberty St

250 N Entrance Ave

407 E Seminole St
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.

219 N Washington Ave

1735 E Duane Blvd

263 N Wildwood Ave

101 Bannon Dr
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.
South Wilmington, IL Local Guide

How much does it cost to rent a home in South Wilmington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Wilmington 2 Bedroom Homes for Rent | $1,584 | $950 | $3,200 |
| South Wilmington 3 Bedroom Homes for Rent | $2,108 | $500 | $2,775 |
| South Wilmington 4 Bedroom Homes for Rent | $1,948 | $1,400 | $2,495 |
| South Wilmington 5 Bedroom Homes for Rent | $2,700 | $2,250 | $3,150 |
Browse Top Homes for Rent in South Wilmington
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South Wilmington, IL Local Guide
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Cheapest Available South Wilmington Apartments for Rent and Nearby
 The cheapest available apartment rental in South Wilmington, IL is a 2 Beds unit found at Phoenix Apartments of Pontiac priced from $895. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $895 |
| Stone Falls | One Bedroom, Base Package | 1BR,1BA | $949 |
| The Woodlands of Crest Hill | Studio C | Studio,1BA | $1,159 |
Best Value Apartments for Rent in South Wilmington, IL and Nearby
As of February 27, 2026 the best value apartment in the South Wilmington area is the $2.10 price per square foot Willowood Model at Redwood Lockport in the in the Maple Hill neighborhood starting from $2,899. The second greatest value South Wilmington apartment is the 2BR/1.5BA Model at Parkview Estates starting at $1,995 with a $1.66 price per square foot in the Draper Avenue neighborhood. Here is today’s list of the best values for South Wilmington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Lockport | Willowood | 2BR,2BA | $2.10 |
| Parkview Estates | 2BR/1.5BA | 2BR,1.5BA | $1.66 |
| Highland Ridge | C1-2x2 | 2BR,2BA | $2.13 |
| Reserve at Fox River Apartments | Two Bedroom B1 | 2BR,2BA | $1.63 |
| Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
| Ravine Woods Apartments | 2 Bedroom - North | 2BR,1BA | $1.58 |
| 811 Covey Ln | 1x1 | 1BR,1BA | $1.33 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
| Tudor Park Apartments | Three Bedroom One Bathroom | 3BR,1BA | $1.64 |
| Willow Run of Crest Hill | 1 bedroom | 1BR,1BA | $2.27 |
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 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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in South Wilmington, IL
Frequently Asked Questions about South Wilmington
What type of rentals are currently available in South Wilmington?
There are currently 50 Apartments for Rent in South Wilmington, IL with pricing that ranges from $795 to $4,129. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Wilmington ranging from $500 to $3,200.
What is the current price range for Rental Homes in South Wilmington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Wilmington ranges from $500 to $3,200 with an average monthly rent of $1,853.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.