Cheap Homes for Rent in Chestnut, IL from $400 (16 Rentals)

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Chestnut, IL Local Guide

Cheapest Available Chestnut Apartments for Rent and Nearby

 

The cheapest available apartment rental in Chestnut, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Washington Senior Apartments in the Downtown Bloomington neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $515. Here is today’s list of the most affordable Chestnut apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$421
Washington Senior ApartmentsStudioStudio,1BA$515
Stones Crossing ApartmentsNO DEPOSIT, 299 FIRST MONTHS RENT MOVES YOU IN!!!!1BR,1BA$550
Bradlee Park ApartmentsStudioStudio,1BA$595
Whispering Pines1bed Upgraded1BR,1BA$725

Best Value Apartments for Rent in Chestnut, IL and Nearby

As of March 22, 2025 the best value apartment in the Chestnut area is the $0.96 price per square foot 2/1 Vaulted Ceilings Model at 108 Oak Creek Plaza in the in the Downtown Bloomington neighborhood starting from $1,099. The second greatest value Chestnut apartment is the 2B1B Model at Currency Commons Apartments starting at $1,000 with a $1.00 price per square foot in the Downtown Bloomington neighborhood. Here is today’s list of the best values for Chestnut apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
108 Oak Creek Plaza2/1 Vaulted Ceilings2BR,1BA$0.96
Currency Commons Apartments2B1B2BR,1BA$1.00
Grove at Main ApartmentsCamelia2BR,1BA$1.18
Butler Place2 Beds, 1 Baths2BR,1BA$0.87
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
Safe Harbor Properties1st Floor Level1BR,1BA$1.17
Decatur Flats Apartments1BR/1.0BA1BR,1BA$1.01
Smart Choice Park1 Bedroom Unit-Standard1BR,1BA$1.25
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69
Stones Crossing ApartmentsNO DEPOSIT 399 FIRST MONTHS RENT MOVES YOU IN!!...1BR,1BA$1.07

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Frequently Asked Questions about Chestnut

What type of rentals are currently available in Chestnut?

There are currently 39 Apartments for Rent in Chestnut, IL with pricing that ranges from $515 to $9,502. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chestnut ranging from $400 to $3,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chestnut ranges from $400 to $3,500 with an average monthly rent of $1,264.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.