
Cheap Apartments for Rent in Jerome, IL from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Jerome.


The Hickcox Collection

1900 South St

615 S Walnut St

Safe Harbor Properties

Meadow View Landing

515 E Vine St, Unit 515 E Vine Apt B

Ravenwood Townhomes

Huntington Ridge Apartments
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.

Candles

2013 S Spring St

619 S Walnut St

110 S Grand Ave W

1710 S Henry St

419 N 1st St

1729 S 1st St

131 S Douglas Ave

1616 S 7th St
Jerome, IL Local Guide

How much does it cost to rent an apartment in Jerome?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Jerome Studio Apartments | $707 | $625 | $823 |
Jerome 1 Bedroom Apartments | $918 | $650 | $1,341 |
Jerome 2 Bedroom Apartments | $1,171 | $725 | $1,920 |
Jerome 3 Bedroom Apartments | $1,467 | $975 | $1,835 |
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Jerome, IL Local Guide
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Cheapest Available Jerome Apartments for Rent and Nearby
 The cheapest available apartment rental in Jerome, IL is a Studio unit found at The Hickcox Collection in the Downtown Springfield neighborhood priced from $634. Safe Harbor Properties in the Downtown Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Jerome apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Hickcox Collection | The Hickox | Studio,1BA | $634 |
Safe Harbor Properties | Studio | Studio,1BA | $675 |
Denison Place | One Bedroom | 1BR,1BA | $675 |
Ravenwood Townhomes | Townhome | 2BR,1BA | $875 |
Candles | A1 | 1BR,1BA | $883 |
3TEN | B1 | 2BR,1BA | $1,017 |
Orchard Park | 3 Bedroom 2 Bath | 3BR,3BA | $1,390 |
Best Value Apartments for Rent in Jerome, IL and Nearby
As of April 28, 2025 the best value apartment in the Jerome area is the $0.73 price per square foot 515 E Vine St Model at 515 E Vine St, Unit 515 E Vine Apt B in the in the Downtown Springfield neighborhood starting from $875. The second greatest value Jerome apartment is the 318 S State St Model at 318 S State St, Unit 1 starting at $900 with a $0.85 price per square foot in the Downtown Springfield neighborhood. Here is today’s list of the best values for Jerome apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
515 E Vine St, Unit 515 E Vine Apt B | 515 E Vine St | 2BR,1BA | $0.73 |
318 S State St, Unit 1 | 318 S State St | 2BR,1BA | $0.85 |
Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
3TEN | B1 | 2BR,1BA | $1.14 |
Candles | A1 | 1BR,1BA | $1.10 |
Denison Place | One Bedroom | 1BR,1BA | $0.84 |
Safe Harbor Properties | 1st Floor Level | 1BR,1BA | $1.17 |
The Hickcox Collection | The Hickox | Studio ,1BA | $1.59 |
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Getting Around Jerome, IL
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
72 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
11 / 100
Minimal Transit
It may be possible to get on a bus
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 Jerome Apartments
What is the Cheapest Studio apartment in Jerome?
Currently the most affordable Cheap Studio Apartment in Jerome is at The Hickcox Collection listed at $634.
How much is rent for a Cheap One Bedroom Jerome Apartment?
The lowest price for a Cheap One Bedroom Jerome Apartment is $675 at Denison Place.
What is the lowest price for a Cheap Two Bedroom Jerome Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Jerome is starting from $875 at Ravenwood Townhomes.
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.