
Cheap Apartments for Rent in the Sherman Street Neighborhood of Joliet, IL from $800 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Street area of Joliet.


Larkin Village

309 Whittier Ave

304 Nicholson St
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.
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

The Woodlands of Crest Hill
Sherman Street, Joliet, IL Local Guide

How much does it cost to rent an apartment in Sherman Street?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Sherman Street Studio Apartments | $1,991 | $850 | $4,216 |
Sherman Street 1 Bedroom Apartments | $1,568 | $949 | $3,583 |
Sherman Street 2 Bedroom Apartments | $1,899 | $1,075 | $5,255 |
Sherman Street 3 Bedroom Apartments | $1,847 | $1,610 | $1,990 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Sherman Street Neighborhood of Joliet, IL.
See all Apartments in JolietExplore Joliet
Sherman Street, Joliet, IL Local Guide
- Nearby Joliet neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Sherman Street Apartments for Rent
 The cheapest available apartment rental in the Sherman Street area of Chicago, IL is a 1 Bed unit found at Stone Falls priced from $949. The Woodlands of Crest Hill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,151. Here are the most affordable Sherman Street apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stone Falls | One Bedroom, Base Package | 1BR,1BA | $949 |
The Woodlands of Crest Hill | Cypress | 1BR,1BA | $1,151 |
311 N Ottawa St | Studio | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Sherman Street, IL
As of April 19, 2025 the best value apartment in the Sherman Street area is the $1.38 price per square foot Two Bedroom, Luxury Package Model at Stone Falls in the in the Sunset Point neighborhood starting from $1,259. The second greatest value Sherman Street apartment is the 757 Jasper St Model at 757 Jasper St, Unit 1W starting at $1,195 with a $1.33 price per square foot in the Sunset Point neighborhood. Here is today’s list of the best values for Sherman Street apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
757 Jasper St, Unit 1W | 757 Jasper St | 2BR,1BA | $1.33 |
256 Western Ave, Unit 1E | 256 Western Ave | 2BR,1BA | $1.29 |
501 N Center St, Unit 2 | 501 N Center St | 2BR,1BA | $1.49 |
The Woodlands of Crest Hill | White Oak | Studio ,1BA | $3.27 |
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.
Pet Friendly LifestyleSherman Street, Joliet, IL
Ranked #43
Among neighborhoods in Joliet, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Sherman Street, Joliet, IL
School data provided by Great Schools
Frequently Asked Questions about Cheap Sherman Street Apartments
What is a cheap apartment in Sherman Street?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherman Street is under $1,250.
What is the price of a cheap apartment in Sherman Street?
The cheapest apartment in Sherman Street is Stone Falls which is listed at $949, while the average apartment in Sherman Street costs $1,800.
What types of apartments are the cheapest in Sherman Street?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Sherman Street that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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.

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.