
Cheap Apartments for Rent near Wellington, IL from $515 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Wellington.


Parker Glen

Total Monthly Price
The Verander

Falcon Way Townhomes

Waterview Estates

Total Monthly Price
Shadeland Estates

Golfview Village

Townway Place

Urbana Estates
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.

Brunswick Apartments

Town & Country Apartments

Eastland Apartments

Prairie Green Apartment Homes

Carisbrooke Apartments

South Pointe Commons

Aspen Court

Madison Cottage of Rensselaer

University Park
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.

Devonshire Village

202 Race

1124 N Walnut St

1224 Marion St

Fowler Place Apartments

302 W Locust St

304 S Brown St

2204 Alpha Dr

West Liberty Point 1BR
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Wabash Shore Apartments

The Grove

1320 Yakel St

6 National

230 Virginia Dr

1203 Cleveland Ave

Bethel Townhomes

202 E Crockett

1406 Grant 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.

9 Cronkhite Ave

1155 Anthrop Dr

121 Warrington Ave
Wellington, IL Local Guide

How much does it cost to rent an apartment in Wellington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wellington Studio Apartments | $1,793 | $525 | $9,999 |
| Wellington 1 Bedroom Apartments | $1,332 | $533 | $2,474 |
| Wellington 2 Bedroom Apartments | $1,376 | $629 | $2,811 |
| Wellington 3 Bedroom Apartments | $1,328 | $595 | $3,372 |
| Wellington 4 Bedroom Apartments | $1,147 | $515 | $2,700 |
Browse Top Apartments in Wellington
See all Apartments in WellingtonExplore Wellington
Wellington, IL Local Guide
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Cheapest Available Wellington Apartments for Rent and Nearby
 The cheapest available apartment rental in Wellington, IL is a Studio unit found at Brook Haven Apartments priced from $525. Parker Glen has the second lowest priced unit, which is a 1 Bed apartment currently listed from $533. Here is today’s list of the most affordable Wellington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brook Haven Apartments | Studio | Studio, 1BA | $525 |
| Parker Glen | 1Bdrm | 1BR, 1BA | $533 |
| The Verander | Studio | Studio, 1BA | $650 |
| West Liberty Point 1BR | West Liberty Point 1BR - West... | 1BR, 1BA | $725 |
| Wabash Shore Apartments | 1BR/1.0BA | 1BR, 1BA | $749 |
| Shadeland Estates | 2BR/1.0BA | 2BR, 1BA | $770 |
| Odyssey Apartments | Student - Gemini - 2 Bed/2 Bath Standard Bedroo... | 2BR, 2BA | $775 |
| Townway Place | 1 Beds, 1 Baths | 1BR, 1BA | $800 |
| Falcon Way Townhomes | Two Bedroom Townhome | 2BR, 1BA | $816 |
| Town & Country Apartments | Danbury | 1BR, 1BA | $825 |
Best Value Apartments for Rent in Wellington, IL and Nearby
As of September 20, 2026 the best value apartment in the Wellington area is the $0.34 price per square foot 3 Bedroom x 3.5 Bathroom Townhouse Model at Lark West Lafayette Townhomes starting from $649. The second greatest value Wellington apartment is the South Pointe 5bd/3.0ba Townhouse Model at South Pointe Commons starting at $1,248 with a $0.71 price per square foot. Here is today’s list of the best values for Wellington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lark West Lafayette Townhomes | 3 Bedroom x 3.5 Bathroom Townhouse | 3BR, 3.5BA | $0.34 |
| South Pointe Commons | South Pointe 5bd/3.0ba Townhouse | 5BR, 3BA | $0.71 |
| Capstone Quarters | Three Bedroom Mix | 3BR, 3BA | $0.38 |
| The Forge on Lincoln | 4x2 | 4BR, 2BA | $0.55 |
| The Foundry | 3x3 | 3BR, 3BA | $0.65 |
| Station 21 | South Street Station | 2BR, 2BA | $0.80 |
| Village West | 2x1 | 2BR, 1BA | $0.79 |
| Wabash Lofts | 2x2 | 2BR, 2BA | $0.82 |
| Shadeland Estates | 2BR/1.0BA | 2BR, 1BA | $0.99 |
| Parker Glen | 1Bdrm | 1BR, 1BA | $0.72 |
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wellington, IL Rentals by Map
See the most popular apartments and homes in Wellington, IL
Frequently Asked Questions about Cheap Wellington Apartments
What is the Cheapest Studio apartment in Wellington?
Currently the most affordable Cheap Studio Apartment in Wellington is at Brook Haven Apartments listed at $525.
How much is rent for a Cheap One Bedroom Wellington Apartment?
The lowest price for a Cheap One Bedroom Wellington Apartment is $533 at Parker Glen.
What is the lowest price for a Cheap Two Bedroom Wellington Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wellington is starting from $629 at Parker Glen.
What is the most affordable Wellington Three Bedroom Apartment?
The best deal on a cheap Wellington Three Bedroom Apartment rental is at Parker Glen and starts from $714.
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.