Cheap Apartments for Rent in Wayne, IL from $800 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in Wayne.

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.

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.

Wayne, IL Local Guide

Cheapest Available Wayne Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wayne, IL is a Studio unit found at River's Landing Apartments in the Beacon Pointe neighborhood priced from $1,025. Royal Ridge Apartments in the West Ridge Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here is today’s list of the most affordable Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River's Landing ApartmentsStudio Unit - 440 sq ftStudio,1BA$1,025
Royal Ridge ApartmentsStudioStudio,1BA$1,125
Wood Glen Senior ResidencesOne Bedroom1BR,1BA$1,136
39 Surrey Dr39 SurreyStudio,1BA$1,175
Orchard Hills ApartmentsA1BR,1BA$1,195

Best Value Apartments for Rent in Wayne, IL and Nearby

As of May 29, 2025 the best value apartment in the Wayne area is the $1.63 price per square foot Charleston Model at Fox Run Apartments in the in the Riverfront neighborhood starting from $1,959. The second greatest value Wayne apartment is the 2 bed/2 bath Model at 1990 Larkin Ave, Elgin, IL 60123 starting at $2,100 with a $1.75 price per square foot in the West Ridge Village neighborhood. Here is today’s list of the best values for Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Run ApartmentsCharleston2BR,1.5BA$1.63
1990 Larkin Ave, Elgin, IL 601232 bed/2 bath2BR,2BA$1.75
Pepper Valley Apartments2 BDR/2 BATH2BR,2BA$1.71
St. Charles Place Apartments2BR/1BA2BR,1BA$1.89
Orchard Hills ApartmentsD2BR,1BA$1.67
Bartlett Lakes2 Bedroom 1 Bath (B)2BR,1BA$1.91
Hanover Park Blu ApartmentsThe Barrington2BR,1BA$1.86
Aspen Ridge Apartments1x1 Diamond1BR,1BA$1.77
39 Surrey Dr39 SurreyStudio ,1BA$1.88
River's Landing ApartmentsStudio Unit - 440 sq ftStudio ,1BA$1.78

Quick Rent Budget Calculator

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

Explore Wayne, IL Rentals by Map

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Getting Around Wayne, IL

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Wayne Apartments

What is the Cheapest Studio apartment in Wayne?

Currently the most affordable Cheap Studio Apartment in Wayne is at River's Landing Apartments listed at $1,025.

How much is rent for a Cheap One Bedroom Wayne Apartment?

The lowest price for a Cheap One Bedroom Wayne Apartment is $1,136 at Wood Glen Senior Residences.

What is the lowest price for a Cheap Two Bedroom Wayne Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Wayne is starting from $1,495 at Orchard Hills Apartments.

What is the most affordable Wayne Three Bedroom Apartment?

The best deal on a cheap Wayne Three Bedroom Apartment rental is at Lakehaven Apartments and starts from $2,634.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.