Cheap Apartments for Rent in Diamond, IL from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Diamond.

Avalon at Morris

Pine Meadows Apartments

Larkin Village

The Birches

346 E Main St

827 W Jefferson St

31934 W River Rd
Diamond, IL Local Guide

How much does it cost to rent an apartment in Diamond?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Diamond Studio Apartments | $1,663 | $800 | $3,645 |
Diamond 1 Bedroom Apartments | $1,779 | $949 | $4,021 |
Diamond 2 Bedroom Apartments | $2,224 | $444 | $4,888 |
Diamond 3 Bedroom Apartments | $2,631 | $478 | $3,335 |
Browse Top Apartments in Diamond
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Diamond, IL Local Guide
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Cheapest Available Diamond Apartments for Rent and Nearby
 The cheapest available apartment rental in Diamond, IL is a 1 Bed unit found at Stone Falls in the Sunset Point neighborhood priced from $949. The Birches in the Breckenridge Cameo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,090. Here is today’s list of the most affordable Diamond apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stone Falls | One Bedroom, Base Package | 1BR,1BA | $949 |
The Birches | stu | Studio,1BA | $1,090 |
The Woodlands of Crest Hill | White Oak | Studio,1BA | $1,254 |
Willow Run of Crest Hill | 1 bedroom | 1BR,1BA | $1,269 |
Tudor Park Apartments | Three Bedroom One Bathroom | 3BR,1BA | $1,309 |
Best Value Apartments for Rent in Diamond, IL and Nearby
As of March 11, 2025 the best value apartment in the Diamond area is the $1.28 price per square foot 2012 Waters Edge Dr Model at 2012 Waters Edge Dr in the starting from $2,795. The second greatest value Diamond apartment is the Birch Model at Home at Ashcroft starting at $2,951 with a $1.89 price per square foot in the Blackberry Crossing West neighborhood. Here is today’s list of the best values for Diamond apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2012 Waters Edge Dr | 2012 Waters Edge Dr | 3BR,2.5BA | $1.28 |
Home at Ashcroft | Birch | 3BR,2.5BA | $1.89 |
Redwood Lockport | Willowood | 2BR,2BA | $1.88 |
Parkview Estates | 2BR/1.5BA | 2BR,1.5BA | $1.58 |
Village Place Apartments | Spruce | 2BR,2BA | $2.08 |
Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
Tudor Park Apartments | Three Bedroom One Bathroom | 3BR,1BA | $1.64 |
Twin Oaks West Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.66 |
Willow Run of Crest Hill | 1 bedroom | 1BR,1BA | $2.12 |
32664 Frontage Rd, Unit 2 | 32664 Frontage Rd | Studio ,1BA | $1.60 |
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Getting Around Diamond, IL
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 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 Diamond Apartments
What is the Cheapest Studio apartment in Diamond?
Currently the most affordable Cheap Studio Apartment in Diamond is at The Birches listed at $1,090.
How much is rent for a Cheap One Bedroom Diamond Apartment?
The lowest price for a Cheap One Bedroom Diamond Apartment is $949 at Stone Falls.
What is the lowest price for a Cheap Two Bedroom Diamond Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Diamond is starting from $1,219 at Stone Falls.
What is the most affordable Diamond Three Bedroom Apartment?
The best deal on a cheap Diamond 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.

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.

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.

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.

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.