Cheap Apartments for Rent in Sheridan, IL from $400 (16 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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
Ravine Woods Apartments1 Bedroom - North1BR,1BA$1,225
Lakeview ResidencesS1Studio,1BA$1,310
Arbor West Apartments1BR/1BA small1BR,1BA$1,350

Best Value Apartments for Rent in Sheridan, IL and Nearby

As of May 14, 2025 the best value apartment in the Sheridan area is the $1.73 price per square foot Campania End (TH) Model at Bristol Bay of Yorkville in the in the Blackberry Crossing West neighborhood starting from $2,985. The second greatest value Sheridan apartment is the 3BR Vista Model at Avanterra Wolfs Crossing starting at $3,119 with a $2.02 price per square foot in the Prescott Mill Crossings 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.
Bristol Bay of YorkvilleCampania End (TH)3BR,2.5BA$1.73
Avanterra Wolfs Crossing3BR Vista3BR,2.5BA$2.02
Redwood AuroraBreezewood2BR,2BA$1.78
Downer Place Lofts2bed/1bath2BR,1BA$1.67
Seasons at North Aurora1D1BR,1BA$2.24
Orchard VillageElm1BR,1BA$2.16
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Arbor West Apartments1BR/1BA small1BR,1BA$2.08
Ravine Woods Apartments1 Bedroom - North1BR,1BA$1.96
103 W Railroad St1 bedroom apt1BR,1BA$1.78

Quick Rent Budget Calculator

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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 Lakeview Residences listed at $1,310.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.