Cheap Homes for Rent in Paloma, IL from $300 (20 Rentals)

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Paloma, IL Local Guide

Cheapest Available Paloma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Paloma, IL is a Studio unit found at Macomb Rentals priced from $390. Jacksonville Affordable Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $462. Here is today’s list of the most affordable Paloma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Macomb RentalsStudio, 1 bathStudio,1BA$390
Jacksonville Affordable Housing1 Bedroom 50%1BR,1BA$462
Smith and Royer Apartments1 Bedroom1BR,1BA$650
Morton Street Apartments1 bed one bath1BR,1BA$690
Bel Aire Apartments1 Bedroom1BR,1BA$695

Best Value Apartments for Rent in Paloma, IL and Nearby

As of April 11, 2025 the best value apartment in the Paloma 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 Paloma 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 Paloma 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
Churchill LoftsChurchill Lofts - 3151BR,1BA$0.96
River Oaks Trails2 Beds, 2 baths2BR,2BA$0.83
Creekside Park2 BR / 2 BA2BR,2BA$0.92
Park Madison Apartments2BR/1BA2BR,1BA$0.84
Summer Street ApartmentsApartment 12BR,1BA$1.00
1500 N Carolina St2X22BR,2BA$0.78
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$0.97
Jacksonville Affordable Housing1 Bedroom 60%1BR,1BA$0.84

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Frequently Asked Questions about Paloma

What type of rentals are currently available in Paloma?

There are currently 37 Apartments for Rent in Paloma, IL with pricing that ranges from $300 to $1,900. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paloma ranging from $325 to $2,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Paloma ranges from $325 to $2,000 with an average monthly rent of $993.

How much are larger Three and Four Bedroom Rentals in Paloma?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Paloma range from $340 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $726 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $600.

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.