
Cheap Homes for Rent near Wayne, IL from $1,750 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Wayne.


1360 Brook St

320 N 5th St

1025 Manchester Ct
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.

1340 Brook St

375 Woodridge Cir

370 Sandhurst Ln

1256 Robin Dr
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.

2155 Wildwood Ln
Wayne, IL Local Guide

How much does it cost to rent a home in Wayne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wayne 2 Bedroom Homes for Rent | $2,340 | $1,750 | $2,950 |
| Wayne 3 Bedroom Homes for Rent | $3,168 | $2,300 | $6,130 |
| Wayne 4 Bedroom Homes for Rent | $3,231 | $3,150 | $3,350 |
Browse Top Homes for Rent in Wayne
Explore Wayne
Wayne, IL Local Guide
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Best Value Homes for Rent in Wayne, IL and Nearby
As of September 22, 2026 the best value rental home in the Wayne area is the $1.58 price per square foot 281 Hickory Lane Model at 281 Hickory Lane in the Valley View neighborhood starting from $3,800. The second greatest value Wayne rental home is the 4019 Faith Ln Model at 4019 Faith Ln in the Oak Meadows neighborhood starting at $5,000 with a $2.39 price per square foot. Here is today’s list of the best values for Wayne homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 281 Hickory Lane | 281 Hickory Lane | 3BR, 2.5BA | $1.58 |
| 4019 Faith Ln | 4019 Faith Ln | 3BR, 2BA | $2.39 |
| 168 Fountain Grass Cir | 168 Fountain Grass Cir | 3BR, 2.5BA | $1.58 |
| 1109 Atterberg Rd | 1109 Atterberg Rd | 3BR, 3BA | $1.59 |
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 ArticleNavigating 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.
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!
Explore Wayne, IL Rentals by Map
See the most popular apartments and homes in Wayne, IL
Frequently Asked Questions about Wayne
What type of rentals are currently available in Wayne?
There are currently 67 Apartments for Rent in Wayne, IL with pricing that ranges from $962 to $4,780. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wayne ranging from $1,750 to $6,130.
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 $1,750 to $6,130 with an average monthly rent of $2,943.
How much are larger Three and Four Bedroom Rentals in Wayne?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wayne range from $1,334 to $4,780, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $6,130. Four Bedroom Single-Family rentals are also available starting from $3,150 and Four Bedroom Apartments start at $1,482.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.