Cheap Homes for Rent in Jerome, IL from $700 (17 Rentals)

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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 $642. Denison Place in the Downtown Springfield neighborhood has the second lowest priced unit, which is a 1 Bed 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$642
Denison PlaceOne Bedroom1BR,1BA$675
Safe Harbor PropertiesStudioStudio,1BA$675
Ravenwood TownhomesTownhome2BR,1BA$875
CandlesA11BR,1BA$888

Best Value Apartments for Rent in Jerome, IL and Nearby

As of April 15, 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 Townhome Model at Ravenwood Townhomes starting at $875 with a $0.88 price per square foot . 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
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
Meadow View Landing2 Bedroom/1 Bath2BR,1BA$1.05
CandlesA11BR,1BA$1.11
Denison PlaceOne Bedroom1BR,1BA$0.84
831 S Grand Ave W, Unit 2831 S Grand Ave W1BR,1BA$0.91
Safe Harbor Properties1st Floor Level1BR,1BA$1.17
The Hickcox CollectionThe HickoxStudio ,1BA$1.61

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Frequently Asked Questions about Jerome

What type of rentals are currently available in Jerome?

There are currently 91 Apartments for Rent in Jerome, IL with pricing that ranges from $625 to $2,035. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Jerome ranging from $700 to $2,700.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Jerome ranges from $700 to $2,700 with an average monthly rent of $1,135.

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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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.

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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.