Cheap Homes for Rent in Herod, IL from $300 (13 Rentals)

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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.

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.

Herod, IL Local Guide

Cheapest Available Herod Apartments for Rent and Nearby

 

The cheapest available apartment rental in Herod, IL is a Studio unit found at Saluki Apartments priced from $420. The Quadrangle Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Herod apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Saluki ApartmentsStudioStudio,1BA$420
The Quadrangle Apartments0BR/1.0BAStudio,1BA$450
Schilling Property Management1 Bed, 1 bath1BR,1BA$550
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$580
Come Enjoy Ashburn Court Apartments1BR/1.0BA1BR,1BA$595

Best Value Apartments for Rent in Herod, IL and Nearby

As of September 19, 2025 the best value apartment in the Herod area is the $1.00 price per square foot 3 bedroom Model at 2707 Fairway Dr in the starting from $1,400. The second greatest value Herod apartment is the 3 Bedrooms Model at Grand Place Apartments starting at $1,185 with a $1.08 price per square foot . Here is today’s list of the best values for Herod apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2707 Fairway Dr3 bedroom3BR,2BA$1.00
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
The Hill ApartmentsThe Hill 2 Bed 2 Bath Large2BR,2BA$1.01
Newly Renovated 2 Bedrooms!2BR/1.0BA2BR,1BA$1.05
Schilling Property Management1 Bed, 1 bath1BR,1BA$0.79
Alpha Property Management (Alpha Rentals)One Bedroom (1 bath or 1.5 bath)1BR,1BA$0.87
Southside Square Apartments - NOW LEASINGOne Bedroom1BR,1BA$1.38
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$1.20
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$1.29
University Edge ApartmentsStudioStudio ,1BA$1.40

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Herod

What type of rentals are currently available in Herod?

There are currently 40 Apartments for Rent in Herod, IL with pricing that ranges from $295 to $3,600. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Herod ranging from $364 to $2,400.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Herod ranges from $364 to $2,400 with an average monthly rent of $1,302.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Herod range from $900 to $1,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,561 and Four Bedroom Apartments start at $295.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.