465-479 N School St
DiamondIL60416
Cheap Homes for Rent in Wilmington, IL from $1,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Wilmington.
206 N Water St
WilmingtonIL60481
2304 Ashland Dr
MorrisIL60450
218 Madison St
JolietIL60435
509 Kungs Way
JolietIL60435
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.
25719 W Bridge St
ChannahonIL60410
25731 W Bridge St
ChannahonIL60410
144 1st
WilmingtonIL60481
204 E Washington St
JolietIL60433
318 Liberty St
MorrisIL60450
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.
Showing Results 1-10, Page 1 of 1
Wilmington, IL Local Guide
Midewin National Tallgrass Prairie by Alanscottwalker is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Wilmington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wilmington 2 Bedroom Homes for Rent | $2,030 | $1,350 | $3,200 |
| Wilmington 3 Bedroom Homes for Rent | $2,434 | $1,650 | $3,600 |
| Wilmington 4 Bedroom Homes for Rent | $3,624 | $3,499 | $4,000 |
Browse Top Homes for Rent in Wilmington
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Wilmington, IL Local Guide
- Nearby Cities
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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. 811 Covey Ln has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Wilmington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stone Falls | One Bedroom, Base Package | 1BR,1BA | $949 |
| 811 Covey Ln | 1x1 | 1BR,1BA | $1,200 |
| Tudor Park Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,209 |
Best Value Apartments for Rent in Wilmington, IL and Nearby
As of May 09, 2026 the best value apartment in the Wilmington area is the $2.19 price per square foot C-2x2 Model at Highland Ridge in the in the Maple Hill neighborhood starting from $2,473. The second greatest value Wilmington apartment is the Attraction Model at Remington Apartment Homes starting at $2,190 with a $1.95 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Highland Ridge | C-2x2 | 2BR,2BA | $2.19 |
| Remington Apartment Homes | Attraction | 2BR,2BA | $1.95 |
| Village Place Apartments | Cedar | 2BR,2BA | $2.22 |
| Arbors at Hickory Creek | Magnolia | 2BR,1BA | $1.94 |
| Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
| 811 Covey Ln | 1x1 | 1BR,1BA | $1.33 |
| Timber Pointe Apartments | Cypress | 1BR,1BA | $2.27 |
| Tudor Park Apartments | Three Bedroom One Bathroom | 3BR,1BA | $1.64 |
| The Port | 1E | 1BR,1BA | $2.31 |
| Willow Run of Crest Hill | 1 bedroom | 1BR,1BA | $2.27 |
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 Article
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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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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Best Local Schools in Wilmington, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wilmington, IL Rentals by Map
See the most popular apartments and homes in Wilmington, IL
Frequently Asked Questions about Wilmington
What type of rentals are currently available in Wilmington?
There are currently 59 Apartments for Rent in Wilmington, IL with pricing that ranges from $895 to $4,470. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmington ranging from $1,150 to $4,000.
What is the current price range for Rental Homes in Wilmington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wilmington ranges from $1,150 to $4,000 with an average monthly rent of $2,372.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.
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.
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.