Cheap Apartments for Rent in Richmond, IL from $500 (19 Rentals)

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Explore the Best Cheap Apartments in Richmond for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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117 Nippersink Blvd
$4122 Bedroom, 1 Bath Condo for RentAvailable Now

117 Nippersink Blvd

Fox Lake, IL 60020
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11236 258th Ct
from $1,0501 to 2 Bedroom Apartments

11236 258th Ct

11236 258th CtTrevor, WI 53179
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Richmond, IL Local Guide

Cheapest Available Richmond Apartments for Rent and Nearby

 

The cheapest available apartment rental in Richmond, IL is a 1 Bed unit found at Tan Oak Apartments priced from $625. Lilac in the Amber Shores neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $961. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tan Oak Apartments1 Bed, 1 bath1BR,1BA$625
LilacIris2BR,1BA$961
Harbor View ApartmentsStandard1BR,1BA$1,100
Geneva Estates$1,000 Move In Special - 2 Bed 1 Bath Lower Pat...2BR,1BA$1,199
Anita Terrace ApartmentsThe Maple2BR,1BA$1,200

Best Value Apartments for Rent in Richmond, IL and Nearby

As of January 04, 2025 the best value apartment in the Richmond area is the $1.10 price per square foot Model Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,860. The second greatest value Richmond apartment is the 2 Bdrm/2 Bath-2nd FlrW Model at Coventry Glen Apartments starting at $1,790 with a $1.45 price per square foot in the Amber Shores neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Villas At Patriot EstatesModel2BR,2.5BA$1.10
Coventry Glen Apartments2 Bdrm/2 Bath-2nd FlrW2BR,2BA$1.45
Fawn Ridge ApartmentsWoodruff3BR,2BA$1.38
The Ridges of Geneva EastSummit2BR,2BA$1.42
Anita Terrace ApartmentsThe Maple2BR,1.5BA$1.20
Geneva Meadows2BR/1.0BA2BR,1BA$1.45
440 S Wisconsin St, Unit 440 S Wisconsin St440 S Wisconsin St2BR,1BA$1.47
LilacIris2BR,1BA$1.19
Geneva Estates$1,000 Move In Special - 2 Bed 1 Bath Lower Pat...2BR,1BA$1.60
Tan Oak Apartments1 Bed, 1 bath1BR,1BA$1.25

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Best Local Schools in
Richmond, IL

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Getting Around Richmond, IL

Walk Score®

30 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 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 Richmond Apartments

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

The lowest price for a Cheap One Bedroom Richmond Apartment is $625 at Tan Oak Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Richmond is starting from $725 at Tan Oak Apartments.

What is the most affordable Richmond Three Bedroom Apartment?

The best deal on a cheap Richmond Three Bedroom Apartment rental is at Prairie View (Patriot Prairie of Woodstock) and starts from $1,550.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.