908 Greenbrier Rd
DekalbIL60115
Cheap Homes for Rent in Waterman, IL from $650 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Waterman.
204 W Locust St
DekalbIL60115
820 Edgebrook Dr
DekalbIL60115
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
555 N Strack St
CortlandIL60112
142 E Lincoln Hwy
WatermanIL60556
402 Waubonsee Drive
PlanoIL60545
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.
218 N 3rd St
EarlvilleIL60518
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Waterman, IL Local Guide
Corn at the farmers market by Gemma Billings is licensed under CC BY 2.0
How much does it cost to rent a home in Waterman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterman 2 Bedroom Homes for Rent | $1,733 | $1,350 | $1,995 |
| Waterman 3 Bedroom Homes for Rent | $2,314 | $1,350 | $3,700 |
| Waterman 4 Bedroom Homes for Rent | $3,002 | $2,400 | $4,250 |
| Waterman 5 Bedroom Homes for Rent | $2,850 | $2,850 | $2,850 |
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Waterman, IL Local Guide
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Cheapest Available Waterman Apartments for Rent and Nearby
The cheapest available apartment rental in Waterman, IL is a 1 Bed unit found at Amber Manor in the Dekalb neighborhood priced from $789. The Terraces at Dekalb in the Dekalb neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,075. Here is today’s list of the most affordable Waterman apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Amber Manor | 1 BD 1 BTH A 60% | 1BR,1BA | $789 |
| The Terraces at Dekalb | Lincoln Hwy 2 Bed | 2BR,1BA | $1,075 |
| Eco Park | 2 | 2BR,2BA | $1,185 |
Best Value Apartments for Rent in Waterman, IL and Nearby
As of August 26, 2026 the best value apartment in the Waterman area is the $0.93 price per square foot 4 TH Model at Mason Townhouse Suites in the in the Dekalb neighborhood starting from $2,050. The second greatest value Waterman apartment is the Accera Model at Bristol Bay of Yorkville starting at $2,600 with a $1.75 price per square foot in the Blackberry Crossing West neighborhood. Here is today’s list of the best values for Waterman apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mason Townhouse Suites | 4 TH | 4BR,3BA | $0.93 |
| Bristol Bay of Yorkville | Accera | 2BR,2.5BA | $1.75 |
| Eco Park | 2 | 2BR,2BA | $1.39 |
| Yorkville Apartments | B | 2BR,1BA | $1.82 |
| The Terraces at Dekalb | Lincoln Hwy 2 Bed | 2BR,1BA | $1.43 |
| Amber Manor | 1 BD 1 BTH A 60% | 1BR,1BA | $1.13 |
| Countryside Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.86 |
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 Article
Real 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.
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Frequently Asked Questions about Waterman
What type of rentals are currently available in Waterman?
There are currently 43 Apartments for Rent in Waterman, IL with pricing that ranges from $600 to $2,900. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterman ranging from $650 to $4,250.
What is the current price range for Rental Homes in Waterman?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterman ranges from $650 to $4,250 with an average monthly rent of $2,294.
How much are larger Three and Four Bedroom Rentals in Waterman?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waterman range from $1,070 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $1,295.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.