Cheap Apartments for Rent in Lima, IL from $300 (29 Rentals)

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630 N 6th St
Studio Apartments

630 N 6th St

630 N 6th StBurlington, IA 52601
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Lima, IL Local Guide

Cheapest Available Lima Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lima, IL is a Studio unit found at Macomb Rentals priced from $390. Mayfair Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $525. Here is today’s list of the most affordable Lima apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Macomb RentalsStudio, 1 bathStudio,1BA$390
Mayfair Manor2x12BR,1BA$525
Bel Aire Apartments1 Bedroom1BR,1BA$650
Smith and Royer Apartments1 Bedroom1BR,1BA$650
PARKWAY ESTATES1 Bedroom 1 Bath1BR,1BA$655
1500 N Carolina St2X22BR,2BA$700
Green Gable CottagesGreen Gable - Memorial Park Rd1BR,1BA$750
Summer Street ApartmentsStudio 9Studio,1BA$775
The Burlington Apartments1BR/1BA1BR,1BA$795
Park Madison Apartments2BR/1BA2BR,1BA$800

Best Value Apartments for Rent in Lima, IL and Nearby

As of April 04, 2025 the best value apartment in the Lima area is the $0.90 price per square foot Three Beds Two Baths Model at Emerson Garden Apartments in the starting from $1,400. The second greatest value Lima apartment is the 2 Bedroom Townhome Model at Pleasant Terrace Townhomes starting at $950 with a $0.76 price per square foot . Here is today’s list of the best values for Lima apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerson Garden ApartmentsThree Beds Two Baths3BR,2BA$0.90
Pleasant Terrace Townhomes2 Bedroom Townhome2BR,1.5BA$0.76
River Oaks Trails2 Beds, 2 baths2BR,2BA$0.83
Creekside Park2 BR / 2 BA2BR,2BA$0.92
Park Madison Apartments2BR/1BA2BR,1BA$0.84
Churchill LoftsChurchill Lofts - 2051BR,1BA$0.97
1500 N Carolina St2X22BR,2BA$0.78
Blaul LoftsBlaul Lofts - 4071BR,1BA$1.02
PARKWAY ESTATES1 Bedroom 1 Bath1BR,1BA$0.90
Bel Aire Apartments2 Bedroom2BR,1BA$1.11

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Getting Around Lima, IL

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Lima Apartments

What is the Cheapest Studio apartment in Lima?

Currently the most affordable Cheap Studio Apartment in Lima is at Macomb Rentals listed at $390.

How much is rent for a Cheap One Bedroom Lima Apartment?

The lowest price for a Cheap One Bedroom Lima Apartment is $510 at Macomb Rentals.

What is the lowest price for a Cheap Two Bedroom Lima Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lima is starting from $450 at Macomb Rentals.

What is the most affordable Lima Three Bedroom Apartment?

The best deal on a cheap Lima Three Bedroom Apartment rental is at 1500 N Carolina St and starts from $775.

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.

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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.