
Cheap Homes for Rent in Wayne City, IL from $600 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Wayne City.


205 N Mill St

272 S Shannon St

111 Ralph St

404 N Carroll St

400 E College St
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.

418 W Webster St

815 N Main St

50 Orchard Dr

28 Deerwood Park

510 W 5th St

1009 Briarwood Rd
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.

501 E Reeves St

103 N Russell St

803 Anderson St

9507 Noble Ln

136 Court Rd

9487 Noble Ln
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.

3 Briarwood Rd
Wayne City, IL Local Guide

How much does it cost to rent a home in Wayne City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wayne City 2 Bedroom Homes for Rent | $996 | $675 | $2,200 |
| Wayne City 3 Bedroom Homes for Rent | $1,505 | $699 | $2,800 |
| Wayne City 4 Bedroom Homes for Rent | $1,975 | $1,450 | $2,500 |
Browse Top Homes for Rent in Wayne City
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Wayne City, IL Local Guide
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Cheapest Available Wayne City Apartments for Rent and Nearby
 The cheapest available apartment rental in Wayne City, IL is a 4 Beds unit found at Storyboard at SIU priced from $425. ASHBURN COURT APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Wayne City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Storyboard at SIU | 4 x 2 Traditional - Fall 2025- 12 Months | 4BR,2BA | $425 |
| ASHBURN COURT APARTMENTS | 1BR/1.0BA | 1BR,1BA | $595 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Southern Meadows Senior Living | 1 Bed Apt | 1BR,1BA | $750 |
| Elmdale Apartments | 1 bed 1 bath | 1BR,1BA | $800 |
Best Value Apartments for Rent in Wayne City, IL and Nearby
As of May 20, 2026 the best value apartment in the Wayne City area is the $0.80 price per square foot 5 Bed House Model at Wedgewood Hills in the starting from $2,000. The second greatest value Wayne City apartment is the 1X1 Model at 2600 Fairway Dr starting at $1,600 with a $0.89 price per square foot . Here is today’s list of the best values for Wayne City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wedgewood Hills | 5 Bed House | 5BR,3BA | $0.80 |
| 2600 Fairway Dr | 1X1 | 3BR,2.5BA | $0.89 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| Brookside Apartments | 3 Bedroom | 3BR,1BA | $1.05 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.10 |
| 921 E Grand Ave | 2 Beds, 2.5 baths | 2BR,2.5BA | $1.05 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Chesapeake | B1 | 2BR,1BA | $1.01 |
| The Hill Apartments | The Hill 2 Bed 2 Bath | 2BR,2BA | $1.14 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
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 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!
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Frequently Asked Questions about Wayne City
What type of rentals are currently available in Wayne City?
There are currently 46 Apartments for Rent in Wayne City, IL with pricing that ranges from $295 to $2,080. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wayne City ranging from $675 to $2,800.
What is the current price range for Rental Homes in Wayne City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wayne City ranges from $675 to $2,800 with an average monthly rent of $1,395.
How much are larger Three and Four Bedroom Rentals in Wayne City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wayne City range from $650 to $1,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $699 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $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

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.