Cheap Apartments for Rent in Janesville, IL from $300 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Janesville.

Arbors at Honey Creek

6th St Apartments

Arthur Ave Apartments

Highland Terrace

Willow Crossings

Historic Walnut Square
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.

418 S 7th St

700 S 8th St

122 S 12th St

184 Western Ave

420 S 7th St

1034 N 7th St

600 S 4th St

1201 S 7th St

1814 S 7th St
Janesville, IL Local Guide

How much does it cost to rent an apartment in Janesville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Janesville Studio Apartments | $748 | $685 | $870 |
Janesville 1 Bedroom Apartments | $908 | $500 | $1,278 |
Janesville 2 Bedroom Apartments | $1,134 | $519 | $2,500 |
Janesville 3 Bedroom Apartments | $1,390 | $675 | $2,622 |
Janesville 4 Bedroom Apartments | $1,199 | $465 | $2,520 |
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Janesville, IL Local Guide
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Cheapest Available Janesville Apartments for Rent and Nearby
 The cheapest available apartment rental in Janesville, IL is a 1 Bed unit found at Rider Place priced from $500. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Janesville apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Rider Place | 1 Bedroom | 1BR,1BA | $500 |
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
Highland Terrace | 1 Bed 1 Bath | 1BR,1BA | $675 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $700 |
Best Value Apartments for Rent in Janesville, IL and Nearby
As of April 28, 2025 the best value apartment in the Janesville area is the $0.93 price per square foot 4x2 Model at Arbors at Honey Creek in the in the Downtown Terre Haute neighborhood starting from $1,347. The second greatest value Janesville apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 price per square foot . Here is today’s list of the best values for Janesville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Arbors at Honey Creek | 4x2 | 4BR,2BA | $0.93 |
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
Royal Heights | 3 Person Occupancy | 3BR,1.5BA | $1.11 |
Harrison West | 2 Bedroom | 2BR,1BA | $0.93 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.85 |
Willow Crossings | Phase I - Luxury 1 Bed 1 Bath | 1BR,1BA | $1.10 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
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Frequently Asked Questions about Cheap Janesville Apartments
What is the Cheapest Studio apartment in Janesville?
Currently the most affordable Cheap Studio Apartment in Janesville is at The Annex of Terre Haute listed at $750.
How much is rent for a Cheap One Bedroom Janesville Apartment?
The lowest price for a Cheap One Bedroom Janesville Apartment is $500 at Rider Place.
What is the lowest price for a Cheap Two Bedroom Janesville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Janesville is starting from $630 at Rider Place.
What is the most affordable Janesville Three Bedroom Apartment?
The best deal on a cheap Janesville Three Bedroom Apartment rental is at Rider Place and starts from $675.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.

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.