
Cheap Homes for Rent in Tower Hill, IL from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Tower Hill.


759 E Lawrence St

205 North St

821 N Oakland Ave

830 E Rogers Ave

615 Harper Ave

913 N Taylorville Blvd
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.

1363 E Johns Ave

401 S 19th St

1274 W Green St

111 S Elder Ln

117 S Elder Ln

1091 N Oakcrest Ave.

249 N 17th 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.
Tower Hill, IL Local Guide

How much does it cost to rent a home in Tower Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tower Hill 2 Bedroom Homes for Rent | $1,059 | $650 | $2,300 |
| Tower Hill 3 Bedroom Homes for Rent | $1,337 | $695 | $2,495 |
| Tower Hill 4 Bedroom Homes for Rent | $1,800 | $1,550 | $2,050 |
| Tower Hill 5 Bedroom Homes for Rent | $1,200 | $1,200 | $1,200 |
Browse Top Homes for Rent in Tower Hill
Explore Tower Hill
Tower Hill, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Tower Hill Apartments for Rent and Nearby
 The cheapest available apartment rental in Tower Hill, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Westport Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $484. Here is today’s list of the most affordable Tower Hill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
Best Value Apartments for Rent in Tower Hill, IL and Nearby
As of May 28, 2026 the best value apartment in the Tower Hill area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights in the starting from $1,380. The second greatest value Tower Hill apartment is the 3BR/2.0BA Model at Decatur Flats Apartments starting at $1,299 with a $1.00 price per square foot . Here is today’s list of the best values for Tower Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Panther Heights | 3 Bed 2.5 Bath | 3BR,2.5BA | $0.99 |
| Decatur Flats Apartments | 3BR/2.0BA | 3BR,2BA | $1.00 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.38 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Kingsbury Campus Apartments | 2 Beds, 1 Bath Model | 2BR,1BA | $1.05 |
| Timber Cove | The Yawl | 1BR,1BA | $1.11 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
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 ArticleReal 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.
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 Tower Hill, IL Rentals by Map
See the most popular apartments and homes in Tower Hill, IL
Frequently Asked Questions about Tower Hill
What type of rentals are currently available in Tower Hill?
There are currently 49 Apartments for Rent in Tower Hill, IL with pricing that ranges from $413 to $1,700. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tower Hill ranging from $650 to $2,495.
What is the current price range for Rental Homes in Tower Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Tower Hill ranges from $650 to $2,495 with an average monthly rent of $1,219.
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.