Cheap Homes for Rent in Phoenix, IL from $1,000 (7 Rentals)

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Phoenix, IL Local Guide

Cheapest Available Phoenix Apartments for Rent and Nearby

 
Apartment ListingModel NameBed/BathPriced From
13905-37 S Clark St1 Bedroom 1 Bath Apartment1BR,1BA$1,055
14538 S Cottage Grove Ave2 Bedroom Apartment2BR,1BA$1,200

Best Value Apartments for Rent in Phoenix, IL and Nearby

As of March 25, 2025 the best value apartment in the Phoenix area is the $1.62 price per square foot 2 Bedroom Apartment Model at 14538 S Cottage Grove Ave in the in the College District neighborhood starting from $1,200. The second greatest value Phoenix apartment is the 1 Bedroom 1 Bath Apartment Model at 13905-37 S Clark St starting at $1,055 with a $1.54 price per square foot in the College District neighborhood. Here is today’s list of the best values for Phoenix apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
14538 S Cottage Grove Ave2 Bedroom Apartment2BR,1BA$1.62
13905-37 S Clark St1 Bedroom 1 Bath Apartment1BR,1BA$1.54

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Frequently Asked Questions about Phoenix

What type of rentals are currently available in Phoenix?

There are currently 163 Apartments for Rent in Phoenix, IL with pricing that ranges from $1,200 to $1,550. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Phoenix ranging from $1,000 to $3,750.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Phoenix ranges from $1,000 to $3,750 with an average monthly rent of $2,307.

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.

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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.