Cheap Homes for Rent in Hinkley, IL from $1,200 (8 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 Hinkley.

Hinkley, IL Local Guide

Cheapest Available Hinkley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hinkley, IL is a Studio unit found at University Heights Apartments in the Devonaire Farms neighborhood priced from $699. The Terraces at Dekalb in the Devonaire Farms neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Hinkley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Heights ApartmentsStStudio,1BA$699
The Terraces at DekalbRussell Road StudioStudio,1BA$725
Varsity Square Apartments1 Bedroom without dining room1BR,1BA$845

Best Value Apartments for Rent in Hinkley, IL and Nearby

As of March 25, 2025 the best value apartment in the Hinkley area is the $1.03 price per square foot 306 Hubbard Cir Model at 306 Hubbard Cir in the in the Raintree Village Duplexes neighborhood starting from $3,740. The second greatest value Hinkley apartment is the 4 TH Model at Mason Townhouse Suites starting at $2,010 with a $0.91 price per square foot in the Devonaire Farms neighborhood. Here is today’s list of the best values for Hinkley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
306 Hubbard Cir306 Hubbard Cir4BR,2.5BA$1.03
Mason Townhouse Suites4 TH4BR,3BA$0.91
2456 Hanbury Ln2456 Hanbury Ln3BR,2.5BA$1.51
3103 Alyssa St3103 Alyssa St3BR,2.5BA$1.36
Barrington Plaza RealtyBarrington Plaza Realty..5BR,2BA$0.98
Amber Manor3 Bedroom Two Bathroom3BR,2BA$1.18
Colonial Apartments3 TH3BR,1.5BA$1.09
Eco Park33BR,2BA$1.28
Ashbury Court2B2BR,1BA$1.18
Lincolnshire West1gu1BR,1BA$1.57

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 Hinkley

What type of rentals are currently available in Hinkley?

There are currently 40 Apartments for Rent in Hinkley, IL with pricing that ranges from $569 to $3,195. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hinkley ranging from $1,280 to $6,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hinkley ranges from $1,280 to $6,500 with an average monthly rent of $2,286.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hinkley range from $930 to $3,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,040.

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 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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.