Cheap 1 Bedroom Apartments for Rent in Waterman, IL from $635 (19 Rentals)

University Village Apartments

High Meadows Apartments

University Heights Apartments

The Terraces at Dekalb on Hillcrest Drive

103 W Railroad St
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.

The Terraces at Dekalb on Ridge Drive

Varsity Square Apartments

Lucinda Oaks Apartments

223 E Lincoln Hwy

908 Greenbrier Rd

101 N Main St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Waterman, IL Local Guide

How much does it cost to rent an apartment in Waterman?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterman Studio Apartments | $777 | $569 | $1,400 |
Waterman 1 Bedroom Apartments | $919 | $635 | $1,450 |
Waterman 2 Bedroom Apartments | $1,241 | $725 | $2,775 |
Waterman 3 Bedroom Apartments | $1,508 | $930 | $2,985 |
Waterman 4 Bedroom Apartments | $1,857 | $1,040 | $3,495 |
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Waterman, IL Local Guide
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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.
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 Cheap Waterman Apartments
What is the Cheapest Studio apartment in Waterman?
Currently the most affordable Cheap Studio Apartment in Waterman is at Willis Senior Lofts listed at $800.
How much is rent for a Cheap One Bedroom Waterman Apartment?
The lowest price for a Cheap One Bedroom Waterman Apartment is $800 at Willis Senior Lofts.
What is the lowest price for a Cheap Two Bedroom Waterman Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterman is starting from $800 at Willis Senior Lofts.
What is the most affordable Waterman Three Bedroom Apartment?
The best deal on a cheap Waterman Three Bedroom Apartment rental is at Willis Senior Lofts and starts from $800.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.