Cheap Homes for Rent in Wayne, IL from $1,600 (13 Rentals)

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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 Royal Ridge Apartments in the Edgewater neighborhood priced from $1,125. Wood Glen Senior Residences in the Alta Vista Gardens neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,136. Here is today’s list of the most affordable Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Royal Ridge ApartmentsStudioStudio,1BA$1,125
Wood Glen Senior ResidencesOne Bedroom1BR,1BA$1,136
River's Landing Apartments1 Bedroom 1 Bath 675 sq ft1BR,1BA$1,185
Orchard Hills ApartmentsA1BR,1BA$1,195
306-314 Wilson Ave1BR/1BA1BR,1BA$1,290

Best Value Apartments for Rent in Wayne, IL and Nearby

As of November 13, 2025 the best value apartment in the Wayne area is the $1.83 price per square foot Covington Model at The Township at St. Charles in the in the Riverfront neighborhood starting from $2,520. The second greatest value Wayne apartment is the Premier Model at Firethorne starting at $1,850 with a $1.85 price per square foot in the Riverfront 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.
The Township at St. CharlesCovington3BR,2BA$1.83
FirethornePremier2BR,2BA$1.85
St. Charles Place Apartments2BR/1BA2BR,1BA$1.89
Orchard Hills ApartmentsD2BR,1BA$1.67
Hanover Park Blu ApartmentsThe Barrington2BR,1BA$1.76
The Crossings at St. Charles2 Bedroom 1 Bath2BR,1BA$1.98
Timber LakePine2BR,1BA$1.94
Panton Mill StationThe Beech1BR,1BA$1.97
River's Landing Apartments1 Bedroom 1 Bath 675 sq ft1BR,1BA$1.76
306-314 Wilson Ave1BR/1BA1BR,1BA$1.98

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Frequently Asked Questions about Wayne

What type of rentals are currently available in Wayne?

There are currently 63 Apartments for Rent in Wayne, IL with pricing that ranges from $826 to $4,550. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wayne ranging from $1,600 to $5,500.

What is the current price range for Rental Homes in Wayne?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wayne ranges from $1,600 to $5,500 with an average monthly rent of $3,384.

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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.