Cheap Apartments for Rent in Wilmington, IL from $500 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in Wilmington.

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Pine Ridge
1 to 2 Bedroom Apartments

Pine Ridge

1112 Parkwood DrJoliet, IL 60432
  • Utilities Included
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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Wilmington, IL Local Guide

Cheapest Available Wilmington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wilmington, IL is a 1 Bed unit found at Stone Falls in the Sunset Point neighborhood priced from $949. The Birches in the Sunset Point neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone FallsOne Bedroom, Base Package1BR,1BA$949
The BirchesstuStudio,1BA$1,100
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
311 N Ottawa StStudio1BR,1BA$1,250
The Woodlands of Crest HillCypress1BR,1BA$1,281

Best Value Apartments for Rent in Wilmington, IL and Nearby

As of June 08, 2025 the best value apartment in the Wilmington area is the $2.01 price per square foot 3A Model at Seasons at Plainfield in the in the Patriot Place neighborhood starting from $3,070. The second greatest value Wilmington apartment is the Intuition Model at Remington Apartment Homes starting at $2,675 with a $1.99 price per square foot in the International Center neighborhood. Here is today’s list of the best values for Wilmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Seasons at Plainfield3A3BR,2BA$2.01
Remington Apartment HomesIntuition3BR,2BA$1.99
Highland RidgeC2 - 2x2 with Den2BR,2BA$1.90
Orland Ridge Towns and VillasOne Bed w/ Den Ranch1BR,1BA$2.29
HighPoint Community ApartmentsChestnut 12BR,2BA$1.91
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
Ravine Woods Apartments2 Bedroom - North2BR,1BA$1.58
Enclave at 127th ApartmentsAria1BR,1BA$2.16
Timber Pointe ApartmentsElm1BR,1BA$2.30
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64

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Best Local Schools in
Wilmington, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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See the most popular apartments and homes in Wilmington, IL

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Getting Around Wilmington, IL

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Wilmington Apartments

What is the Cheapest Studio apartment in Wilmington?

Currently the most affordable Cheap Studio Apartment in Wilmington is at The Birches listed at $1,100.

How much is rent for a Cheap One Bedroom Wilmington Apartment?

The lowest price for a Cheap One Bedroom Wilmington Apartment is $949 at Stone Falls.

What is the lowest price for a Cheap Two Bedroom Wilmington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Wilmington is starting from $1,209 at Tudor Park Apartments.

What is the most affordable Wilmington Three Bedroom Apartment?

The best deal on a cheap Wilmington Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.