Cheap Homes for Rent in Wilmette, IL from $1,200 (46 Rentals)

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Search the lowest-cost Homes available for rent right now in Wilmette.

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.

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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.

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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.

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property at 8845 Lamon Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

2 Bedroom, 1 Bath Condo for Rent

Available Now

8845 Lamon Ave, Unit 2W

8845 Lamon Ave
SkokieIL60077

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 1516 Hinman Ave

$2,095 - $2,400

1 To 2 Bedroom Rentals

Available Now

1516 Hinman Ave

EvanstonIL60201

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.

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property at 1927 Sherman Ave

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200
Total Monthly Price
$2,200

2 Bedroom, 1 Bath Condo for Rent

Available Jun 19

1927 Sherman Ave, Unit #3

1927 Sherman Ave
EvanstonIL60201
Showing Results 1-46, Page 1 of 1

Wilmette, IL Local Guide

Cheapest Available Wilmette Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wilmette, IL is a 1 Bed unit found at 2730 Hampton Parkway in the Northwestern neighborhood priced from $1,200. 1627-45 Ridge Ave. in the Northwestern neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,315. Here is today’s list of the most affordable Wilmette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2730 Hampton Parkway1BR/1.0BA1BR,1BA$1,200
1627-45 Ridge Ave.1 Bedroom - 1 Bathroom1BR,1BA$1,315
1703-13 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$1,450
1575 OakStudioStudio,1BA$1,475
Evanston Neighborhood PropertiesStudioStudio,1BA$1,595
2212-26 Sherman Ave.1 Bedroom - 1 Bathroom1BR,1BA$1,595
Chestnut Court ApartmentsModel A1BR,1BA$1,600
Garden House Apartments1 Bed F, G, H, and I1BR,1BA$1,630
1512-1522 Central St2 BR 1.5 BR2BR,1BA$1,650

Best Value Apartments for Rent in Wilmette, IL and Nearby

As of June 13, 2026 the best value apartment in the Wilmette area is the $0.80 price per square foot 511 Park Dr Model at 511 Park Dr, Unit 511 Park Dr, Kenilworth in the in the Gross Point neighborhood starting from $1,975. The second greatest value Wilmette apartment is the 1633 McDaniel Ave Model at 1633 McDaniel Ave, Unit 2 starting at $3,900 with a $2.23 price per square foot in the Gross Point neighborhood. Here is today’s list of the best values for Wilmette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
511 Park Dr, Unit 511 Park Dr, Kenilworth511 Park Dr3BR,1BA$0.80
1633 McDaniel Ave, Unit 21633 McDaniel Ave5BR,2BA$2.23
1615-25 Ridge Ave.3 Bedroom - 2 Bathroom3BR,2BA$2.05
1703-13 Ridge Ave.4 Bedroom - 1.5 Bathroom4BR,1.5BA$1.77
2200-10 Sherman Ave.2 Bedroom - 1 Bathroom2BR,1BA$2.17
1512-1522 Central St2 BR 1.5 BR2BR,1.5BA$1.83
9000 La Crosse Ave, Unit 1n9000 La Crosse Ave2BR,1BA$1.83
2212-26 Sherman Ave.1 Bedroom - 1 Bathroom1BR,1BA$1.85
2730 Hampton Parkway1BR/1.0BA1BR,1BA$1.54
1627-45 Ridge Ave.1 Bedroom - 1 Bathroom1BR,1BA$1.88

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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real 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.

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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 Wilmette, IL Rentals by Map

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Frequently Asked Questions about Wilmette

What type of rentals are currently available in Wilmette?

There are currently 387 Apartments for Rent in Wilmette, IL with pricing that ranges from $750 to $11,200. There are also 154 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmette ranging from $1,250 to $14,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wilmette ranges from $1,250 to $14,500 with an average monthly rent of $5,788.

How much are larger Three and Four Bedroom Rentals in Wilmette?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wilmette range from $1,975 to $6,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $6,350. Four Bedroom Single-Family rentals are also available starting from $3,950 and Four Bedroom Apartments start at $2,295.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.