Cheap Homes for Rent in Wilmette, IL from $1,500 (56 Rentals)

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

property at 918 Green Bay Rd

$1,595 - $2,045

Studio To 1 Bedroom Rentals

Available Now

918 Green Bay Rd

WinnetkaIL60093

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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property at 1313 Oak Ave

$1,750 - $2,195

1 To 2 Bedroom Condos for Rent

Available Now

1313 Oak Ave

EvanstonIL60201

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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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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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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Showing Results 1-50, Page 1 of 2

Wilmette, IL Local Guide

Cheapest Available Wilmette Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wilmette, IL is a Studio unit found at 1575 Oak in the Northwestern neighborhood priced from $1,395. 2730 Hampton Parkway in the Northwestern neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here is today’s list of the most affordable Wilmette apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1575 OakStudioStudio,1BA$1,395
2730 Hampton Parkway2BR/1.0BA2BR,1BA$1,400
1410 ChicagoStudioStudio,1BA$1,425
1703-13 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$1,450
BJB Evanston - 1576 OakStudioStudio,1BA$1,495
1500 Chicago AveStudioStudio,1BA$1,500
Evanston Neighborhood PropertiesStudioStudio,1BA$1,595
Chestnut Court ApartmentsModel A1BR,1BA$1,600
Garden House Apartments1 Bed F, G, H, and I1BR,1BA$1,630

Best Value Apartments for Rent in Wilmette, IL and Nearby

As of April 28, 2026 the best value apartment in the Wilmette area is the $1.42 price per square foot 4832 Old Orchard Rd Model at 4832 Old Orchard Rd, Unit 2 in the in the Gross Point neighborhood starting from $2,840. The second greatest value Wilmette apartment is the 3 Bedroom - 2 Bathroom Model at 1615-25 Ridge Ave. starting at $3,150 with a $2.05 price per square foot in the Northwestern 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.
4832 Old Orchard Rd, Unit 24832 Old Orchard Rd3BR,2BA$1.42
1615-25 Ridge Ave.3 Bedroom - 2 Bathroom3BR,2BA$2.05
244 Eaton St, Unit 1244 Eaton St1BR,1BA$1.33
1703-13 Ridge Ave.4 Bedroom - 1.5 Bathroom4BR,1.5BA$1.77
2730 Hampton Parkway2BR/1.0BA2BR,1BA$1.49
1512-1522 Central St2 BR 1.5 BR2BR,1.5BA$1.83
1343 Woodview Ln1343 Woodview Ln2BR,1BA$2.06
1033 Dempster St, Unit A06C1033 Dempster St2BR,1BA$2.11
1627-45 Ridge Ave.2 Bedroom - 1 Bathroom2BR,1BA$2.08
1726 Sherman Ave, Unit 11726 Sherman Ave1BR,1BA$2.14

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Quick 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 Wilmette, IL Rentals by Map

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See the most popular apartments and homes in Wilmette, IL

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Frequently Asked Questions about Wilmette

What type of rentals are currently available in Wilmette?

There are currently 388 Apartments for Rent in Wilmette, IL with pricing that ranges from $1,345 to $12,100. There are also 130 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmette ranging from $1,595 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 $1,595 to $14,500 with an average monthly rent of $6,063.

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 $2,100 to $8,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $6,250. Four Bedroom Single-Family rentals are also available starting from $3,895 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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.