
Cheap Apartments for Rent near Washburn, IL from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Washburn.


Forest Park Apartments

Winkler Village Apartments

Knoxville Manor Apartments

Glenbrook Apartments

Hollybrook Apartments

Crestwood Apartments

The Village on University
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.

Old Orchard Trace Apartments

Glen Willows

Willow Knolls Apartments

Versailles Apartments

504 S Sweetbriar Dr

Timberbrook Apartments

Carriage Hill Apartments

The Grove 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.

Hillcrest Apartments

Dunlap Lakeside

The Current Apartments

228 E Oak Cliff Ct

Flats at Dunlap

The Mallard Way Rental Community

1806 N Peoria Ave

505 E Virginia Ave
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.

824 W Mac Queen Ave

Tiffany Pointe

412 E Arcadia Ave

Woods + Meadow Apartments

1512 E Gardner Ln

Willow Way

Glen Oak Manor Condominium Townhomes

The Hillsides
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.

405 E Maywood Ave

415-421 W Forrest Lawn Ave

526 Fairholm Ave

730 E McClure Ave

3119 W Willow Knolls Dr

3912 N New York Ave

611 W Matthews St

814 W McClure Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

802 E London Ave

1101 Cambridge Dr
Washburn, IL Local Guide

How much does it cost to rent an apartment in Washburn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Washburn Studio Apartments | $921 | $700 | $1,228 |
| Washburn 1 Bedroom Apartments | $1,149 | $725 | $2,075 |
| Washburn 2 Bedroom Apartments | $1,392 | $850 | $2,675 |
| Washburn 3 Bedroom Apartments | $1,611 | $1,200 | $2,092 |
Browse Top Apartments in Washburn
See all Apartments in WashburnExplore Washburn
Washburn, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Washburn Apartments for Rent and Nearby
 The cheapest available apartment rental in Washburn, IL is a 1 Bed unit found at Colonial Village priced from $625. Winkler Village Apartments in the Woodford County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Washburn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colonial Village | 1 Bedroom | 1BR,1BA | $625 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
| Knoxville Manor Apartments | Level 2 | 1BR,1BA | $775 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $825 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $825 |
| Willow Knolls Apartments | Studio / 1 Bath | Studio,1BA | $875 |
| Versailles Apartments | Tradition - 1BR / 1BA | 1BR,1BA | $880 |
| The Village on University | Collins at Village South | 1BR,1BA | $895 |
| Glen Willows | 2 Bedroom 1 Bathroom | 2BR,1BA | $925 |
| The Grove Apartments | Standard 1 Bed / 1 Bath | 1BR,1BA | $975 |
Best Value Apartments for Rent in Washburn, IL and Nearby
As of July 09, 2026 the best value apartment in the Washburn area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Washburn apartment is the 2x2 Model at Cedar Creek Apartments starting at $1,395 with a $1.16 price per square foot . Here is today’s list of the best values for Washburn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Point Apartments | 3 Bedroom 2 Bath | 2BR,2BA | $1.18 |
| Cedar Creek Apartments | 2x2 | 2BR,2BA | $1.16 |
| Covington Place | 2BR/1.5BA Signature In Unit Wash/Dryer | 2BR,1.5BA | $1.15 |
| Glen Willows | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.15 |
| Versailles Apartments | Tradition - 1BR / 1BA | 1BR,1BA | $1.13 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.06 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.18 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Colonial Village | 1 Bedroom | 1BR,1BA | $1.14 |
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 Washburn, IL Rentals by Map
See the most popular apartments and homes in Washburn, IL
Frequently Asked Questions about Cheap Washburn Apartments
How much is rent for a Cheap One Bedroom Washburn Apartment?
The lowest price for a Cheap One Bedroom Washburn Apartment is $625 at Colonial Village.
What is the lowest price for a Cheap Two Bedroom Washburn Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Washburn is starting from $850 at Crestwood Apartments.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.