Cheap Apartments for Rent in Jerome, IL from $500 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in Jerome.

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632 S Walnut St
1 Bedroom Apartments

632 S Walnut St

632 S Walnut StSpringfield, IL 62704
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Dorset Apartments
1 Bedroom Apartments

Dorset Apartments

1017-1021 S Spring StSpringfield, IL 62704
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Park West 217-546-7575
1 to 2 Bedroom Apartments

Park West 217-546-7575

2225 Old Jacksonville RdSpringfield, IL 62704
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Ash Street
2 Bedroom Apartments

Ash Street

1306-1312 W Ash StSpringfield, IL 62704
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Fox Run Village
1 to 2 Bedroom Apartments

Fox Run Village

2600-2721 Fox Run DrSpringfield, IL 62704
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Monroe Gardens
1 to 2 Bedroom Apartments

Monroe Gardens

850 S Durkin DrSpringfield, IL 62704
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SHP at Governor Place
1 to 2 Bedroom Apartments

SHP at Governor Place

1021 W Governor StSpringfield, IL 62704
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Pine Woods Apartments
1 to 3 Bedroom Apartments

Pine Woods Apartments

1665 Seven Pines RdSpringfield, IL 62704
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520 Illini Ct
1 Bedroom Apartments

520 Illini Ct

520 Illini CtSpringfield, IL 62704
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The Boulevard Townhomes
2 Bedroom Apartments

The Boulevard Townhomes

2715 S Macarthur BlvdSpringfield, IL 62704
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Jerome, IL Local Guide

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 ListingModel NameBed/BathPriced From
The Hickcox CollectionThe HickoxStudio,1BA$634
Safe Harbor PropertiesStudioStudio,1BA$675
Denison PlaceOne Bedroom1BR,1BA$675
Ravenwood TownhomesTownhome2BR,1BA$875
CandlesA11BR,1BA$883
3TENB12BR,1BA$1,017
Orchard Park3 Bedroom 2 Bath3BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
515 E Vine St, Unit 515 E Vine Apt B515 E Vine St2BR,1BA$0.73
318 S State St, Unit 1318 S State St2BR,1BA$0.85
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
3TENB12BR,1BA$1.14
CandlesA11BR,1BA$1.10
Denison PlaceOne Bedroom1BR,1BA$0.84
Safe Harbor Properties1st Floor Level1BR,1BA$1.17
The Hickcox CollectionThe HickoxStudio ,1BA$1.59

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Location, Location, Location!

Explore Jerome, IL Rentals by Map

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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

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.

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.

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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.

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.

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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.