Cheap Homes for Rent in Gerlaw, IL from $400 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Gerlaw, IL Local Guide

Cheapest Available Gerlaw Apartments for Rent and Nearby

 

The cheapest available apartment rental in Gerlaw, IL is a 2 Beds unit found at Mayfair Manor priced from $525. Smith and Royer Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Gerlaw apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mayfair Manor2x12BR,1BA$525
Smith and Royer Apartments1 Bedroom1BR,1BA$650
Bel Aire Apartments1 Bedroom1BR,1BA$695
Pine Ridges-mulberStudio,1BA$695
Park Madison Apartments1BR/1BA1BR,1BA$700

Best Value Apartments for Rent in Gerlaw, IL and Nearby

As of April 24, 2025 the best value apartment in the Gerlaw area is the $0.81 price per square foot 3 Bedroom 2 Bath Model at PARKWAY ESTATES in the starting from $880. The second greatest value Gerlaw apartment is the 510 Layne Drive Model at Nexus TownHomes starting at $1,275 with a $1.28 price per square foot in the Ginger Ridge neighborhood. Here is today’s list of the best values for Gerlaw apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
PARKWAY ESTATES3 Bedroom 2 Bath3BR,2BA$0.81
Nexus TownHomes510 Layne Drive2BR,1BA$1.28
Summer Street ApartmentsApartment 12BR,1BA$1.00
Old Orchard Estates2 Bed 1 Bath2BR,1BA$1.24
Blaul LoftsBlaul Lofts - 3021BR,1BA$1.04
Park Madison Apartments1BR/1BA1BR,1BA$0.93
1215 24th Street Place - River Oaks Apartments1BR/1.0BA1BR,1BA$1.11
Cotton Mill Apartments1 Bed, 1 bath1BR,1BA$1.00
Timber Ridge Apartments1BR/1.0BA1BR,1BA$1.15
Bel Aire Apartments2 Bedroom2BR,1BA$1.19

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Gerlaw

What type of rentals are currently available in Gerlaw?

There are currently 39 Apartments for Rent in Gerlaw, IL with pricing that ranges from $525 to $1,900. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gerlaw ranging from $430 to $2,300.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Gerlaw ranges from $430 to $2,300 with an average monthly rent of $1,185.

How much are larger Three and Four Bedroom Rentals in Gerlaw?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Gerlaw range from $880 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $1,950. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,400.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.