1 Bedroom Apartments for Rent in Waterman, IL (24 Rentals)

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Waterman Gardens
1 Bedroom Apartments

Waterman Gardens

215 E Duffy RdWaterman, IL 60556
  • Utilities Included
  • Smoke Free
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310 N Elm St
1 Bedroom Apartments

310 N Elm St

310 N Elm StWaterman, IL 60556
  • Utilities Included

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-24, Page 1 of 1

Waterman, IL Local Guide

Largest Available Waterman and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Waterman, IL is found at Cornerstone Dekalb Apartments in the Devonaire Farms neighborhood and is 800 square feet priced from $1,450. Fox Hill Senior Living in the Raintree Village Duplexes neighborhood has the second largest 1 Bedroom, which is sized at 722 square feet and currently listed start at $999. Here is today’s list of the largest available 1 Bedroom units in Waterman:

Apartment ListingModel NameSquare FootagePriced From
Cornerstone Dekalb Apartments1 BD | 1 BA800 Sq Ft$1,450
Fox Hill Senior Living1x1722 Sq Ft$999
Willis Senior Lofts1 Bedroom677 Sq Ft$800
Varsity Square ApartmentsLarge Corner 1 Bedroom575 Sq Ft$895
Countryside Village Apartments1 Bed, 1 bath552 Sq Ft$1,578

Cheapest Available Waterman and Nearby 1 Bedroom Apartments

As of July 30, 2025 the lowest priced 1 Bedroom apartment unit in Waterman, IL is the 1x1-H Model starting from $656 at Fox Hill Senior Living in the Raintree Village Duplexes neighborhood. The second most affordable Waterman 1 Bedroom is the 1 Bedroom Model at Willis Senior Lofts starting at $800 . The average price for all 1 Bedroom apartments in Waterman is currently $1,011. Here is today’s list of the cheapest available 1 Bedroom options in Waterman:

Apartment ListingModel NamePriced From
Fox Hill Senior Living1x1-H$656
Willis Senior Lofts1 Bedroom$800
103 W Railroad St1 bedroom apt$800
The Terraces at DekalbRidge Drive 1 Bed$825
The Terraces at Dekalb on Ridge DriveRidge Drive 1 Bed$825

Quick 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.

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

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Getting Around Waterman, IL

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about 1 Bedroom Waterman Apartments

What is the Cheapest apartment in Waterman with 1 Bedroom?

Currently the most affordable 1 Bedroom in Waterman is at Fox Hill Senior Living listed at $656.

How much is the average rent for a 1 Bedroom Waterman Apartment?

The average rent for a 1 Bedroom Apartment in Waterman is $1,011.

What is the largest available 1 Bedroom Waterman Apartment for rent?

Today's apartment with the most square footage in Waterman is a 800 square feet unit starting from $1,450 at Cornerstone Dekalb Apartments.

What is the average size for Waterman 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Waterman is currently 585 sq ft.

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.