Cheap Homes for Rent in Warsaw, IL from $500 (22 Rentals)

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Warsaw, IL Local Guide

Cheapest Available Warsaw Apartments for Rent and Nearby

 

The cheapest available apartment rental in Warsaw, IL is a Studio unit found at Macomb Rentals priced from $390. Mayfair Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $525. Here is today’s list of the most affordable Warsaw apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Macomb RentalsStudio, 1 bathStudio,1BA$390
Mayfair Manor2x12BR,1BA$525
Smith and Royer Apartments1 Bedroom1BR,1BA$650
Tisdale Apartments2 Bedroom2BR,1BA$650
Bel Aire Apartments1 Bedroom1BR,1BA$695

Best Value Apartments for Rent in Warsaw, IL and Nearby

As of April 25, 2025 the best value apartment in the Warsaw area is the $0.90 price per square foot Three Beds Two Baths Model at Emerson Garden Apartments in the starting from $1,400. The second greatest value Warsaw apartment is the 3 Bedroom 2 Bath Model at PARKWAY ESTATES starting at $880 with a $0.81 price per square foot . Here is today’s list of the best values for Warsaw apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerson Garden ApartmentsThree Beds Two Baths3BR,2BA$0.90
PARKWAY ESTATES3 Bedroom 2 Bath3BR,2BA$0.81
Nexus TownHomes510 Layne Drive2BR,1BA$1.28
Summer Street ApartmentsApartment 12BR,1BA$1.00
School House Apartments1 Bedroom and 1 Bath1BR,1BA$0.89
Orchard Lane Apartments2BR/1.0BA2BR,1BA$0.96
Louden LoftsTwo Bedroom2BR,2BA$1.00
Park Madison Apartments1BR/1BA1BR,1BA$0.93
Tisdale Apartments2 Bedroom2BR,1BA$0.93
Bel Aire Apartments2 Bedroom2BR,1BA$1.19

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Frequently Asked Questions about Warsaw

What type of rentals are currently available in Warsaw?

There are currently 45 Apartments for Rent in Warsaw, IL with pricing that ranges from $300 to $1,900. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Warsaw ranging from $515 to $2,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Warsaw ranges from $515 to $2,500 with an average monthly rent of $1,127.

How much are larger Three and Four Bedroom Rentals in Warsaw?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Warsaw range from $340 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $755 to $1,650. Four Bedroom Single-Family rentals are also available starting from $623 and Four Bedroom Apartments start at $600.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.