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from $4801 to 2 Bedroom Apartments Available Now
Rockford Housing Authority
1000 Chamberlain StRockford, IL 61107
Cheap Apartments for Rent in the Central Terrace Neighborhood of Rockford, IL from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Terrace area of Rockford.
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from $750Studio to 1 Bedroom Apartments Available Now
Whitestone Manor Apartments
529 N Main StRockford, IL 61103
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from $7501 Bedroom Apartment Available Now
1226 N Main St, Unit 1226Apt4
1226 N Main StRockford, IL 61103
417 9th St
RockfordIL61104
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Showing Results 1-15, Page 1 of 1
Central Terrace, Rockford, IL Local Guide
How much does it cost to rent an apartment in Central Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Terrace Studio Apartments | $1,066 | $750 | $1,299 |
| Central Terrace 1 Bedroom Apartments | $935 | $480 | $1,700 |
| Central Terrace 2 Bedroom Apartments | $1,315 | $480 | $2,250 |
| Central Terrace 3 Bedroom Apartments | $1,038 | $995 | $1,125 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Central Terrace Neighborhood of Rockford, IL.
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Central Terrace, Rockford, IL Local Guide
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Cheapest Available Central Terrace Apartments for Rent
The cheapest available apartment rental in the Central Terrace area of Rockford, IL is a 2 Beds unit found at Rockford Housing Authority priced from $480. Roberts Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here are the most affordable Central Terrace apartments for rent in Rockford, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rockford Housing Authority | Park Terrace 2 Bed | 2BR,1BA | $480 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $715 |
| Windsor Apartments | 1 bedroom 1 bathroom | 1BR,1BA | $725 |
| Whitestone Manor Apartments | 1BR/1.0BA | 1BR,1BA | $750 |
| Carlton Apartments | 2 bedroom one bathroom | 2BR,1BA | $825 |
Best Value Apartments for Rent in Central Terrace, IL
As of March 30, 2025 the best value apartment in the Central Terrace area is the $1.00 price per square foot Layout 4 Model at William Brown Lofts in the in the Central Terrace neighborhood starting from $1,405. The second greatest value Central Terrace apartment is the 3 bedroom 1.5 bath Model at Carlton Apartments starting at $1,100 with a $0.79 price per square foot in the Central Terrace neighborhood. Here is today’s list of the best values for Central Terrace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| William Brown Lofts | Layout 4 | 1BR,1BA | $1.00 |
| Carlton Apartments | 3 bedroom 1.5 bath | 3BR,1.5BA | $0.79 |
| 1118 9th Ave, Unit #1 | 1118 9th Ave | 2BR,1BA | $0.74 |
| 1510 School St, Unit 1st Floor | 1510 School St | 3BR,1BA | $0.79 |
| 520 N Horsman St, Unit Upper | 520 N Horsman St | 3BR,1BA | $0.86 |
| 1229 S Church St, Unit 1 | 1229 S Church St | 3BR,1BA | $1.03 |
| Windsor Apartments | 1 bedroom 1 bathroom | 1BR,1BA | $0.87 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $1.10 |
| 1226 N Main St, Unit 1226Apt4 | 1226 N Main St | 1BR,1BA | $1.25 |
| Rockford Housing Authority | Olesen Plaza 1 Bed | 1BR,1BA | $0.98 |
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Pet Friendly LifestyleCentral Terrace, Rockford, IL
Ranked #23
Among neighborhoods in Rockford, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Central Terrace Apartments
What is the price of a cheap apartment in Central Terrace?
The cheapest apartment in Central Terrace is Rockford Housing Authority which is listed at $480, while the average apartment in Central Terrace costs $1,430.
What types of apartments are the cheapest in Central Terrace?
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 7 regular apartments in Central Terrace that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Central Terrace?
Cheap apartments in Central Terrace have an average cost of $143 which is $1,287 cheaper than the average rent for all rentals in Central Terrace.
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.
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.
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.
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.
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.