Cheap Apartments for Rent in Sheridan, IL from $400 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in Sheridan.

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Sheridan, IL Local Guide

Cheapest Available Sheridan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sheridan, IL is a 1 Bed unit found at 103 W Railroad St priced from $800. Tudor Park Apartments in the Downtown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,209. Here is today’s list of the most affordable Sheridan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
103 W Railroad St1 bedroom apt1BR,1BA$800
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
Onyx On Victoria1 Bedroom 1 Bathroom - Upgraded1BR,1BA$1,300
Arbor West Apartments1BR/1BA small1BR,1BA$1,350
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,365

Best Value Apartments for Rent in Sheridan, IL and Nearby

As of April 15, 2025 the best value apartment in the Sheridan area is the $2.05 price per square foot Douglas BF Model at Home at Ashcroft in the in the Blackberry Crossing West neighborhood starting from $3,301. The second greatest value Sheridan apartment is the Accera (TH) Model at Bristol Bay of Yorkville starting at $2,595 with a $1.74 price per square foot in the Blackberry Crossing West neighborhood. Here is today’s list of the best values for Sheridan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Home at AshcroftDouglas BF3BR,2BA$2.05
Bristol Bay of YorkvilleAccera (TH)2BR,2.5BA$1.74
Redwood AuroraWillowood2BR,2BA$1.81
Avanterra Wolfs Crossing2BR Garden2BR,2.5BA$2.13
Redwood OswegoMeadowood2BR,2BA$1.83
Downer Place Lofts2bed/1bath2BR,1BA$1.67
Aurora At Summerfield ApartmentsAdler1BR,1BA$1.89
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Arbor West Apartments1BR/1BA small1BR,1BA$2.08
103 W Railroad St1 bedroom apt1BR,1BA$1.78

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Sheridan, IL Rentals by Map

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See the most popular apartments and homes in Sheridan, IL

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Getting Around Sheridan, IL

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 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 Sheridan Apartments

What is the Cheapest Studio apartment in Sheridan?

Currently the most affordable Cheap Studio Apartment in Sheridan is at The Reserve at Hudson Crossing listed at $1,365.

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

The lowest price for a Cheap One Bedroom Sheridan Apartment is $800 at 103 W Railroad St.

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

Today's best deal for a Cheap Two Bedroom Apartment in Sheridan is starting from $1,209 at Tudor Park Apartments.

What is the most affordable Sheridan Three Bedroom Apartment?

The best deal on a cheap Sheridan Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.

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.