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Cheap Apartments for Rent in Waterman, IL from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterman.
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from $575Studio to 1 Bedroom Apartments Contact Us For Availability
High Meadows Apartments
1400 W Lincoln HwyDekalb, IL 60115
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from $6351 to 3 Bedroom Apartments Contact Us For Availability
University Village Apartments
722 N Annie Glidden RdDekalb, IL 60115
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from $699Studio to 4 Bedroom Apartments Available Jun 12
University Heights Apartments
1110 Varsity BlvdDekalb, IL 60115
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from $725Studio to 4 Bedroom Apartments Available Now
The Terraces at Dekalb
1100 W Lincoln HwyDekalb, IL 60115
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $795Studio to 3 Bedroom Apartments Available May 14
Colonial Apartments
1004-1010 W Lincoln HwyDekalb, IL 60115
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from $800Studio to 3 Bedroom Apartments Available Now
New Suburban Apartments
1400 Twombly RdDekalb, IL 60115
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from $8001 Bedroom Apartments Available Now
103 W Railroad St
105 W Railroad StEarlville, IL 60518
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from $825Studio to 4 Bedroom Apartments Available Now
The Terraces at Dekalb on Ridge Drive
808 Ridge DrDekalb, IL 60115
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from $845Studio to 1 Bedroom Apartments Available Now
Varsity Square Apartments
1212 Varsity BlvdDekalb, IL 60115
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from $8751 to 3 Bedroom Apartments Available Aug 1
Lucinda Oaks Apartments
615-617 Lucinda AveDekalb, IL 60115
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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from $9502 to 4 Bedroom Apartments Available Now
Hunter Star Properties
1037 Spiros CtDekalb, IL 60115
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from $1,0351 to 3 Bedroom Apartments Available Now
Lincolnshire West
1307 W Lincoln HwyDekalb, IL 60115
908 Greenbrier Rd
DekalbIL60115
223 E Lincoln Hwy
DekalbIL60115
101 N Main St
CrestonIL60113
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8 E Railroad St
SandwichIL60548
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
15226 Creek Rd
SandwichIL60548
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Showing Results 1-23, Page 1 of 1
Waterman, IL Local Guide
Corn at the farmers market by Gemma Billings is licensed under CC BY 2.0
How much does it cost to rent an apartment in Waterman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterman Studio Apartments | $777 | $569 | $1,400 |
| Waterman 1 Bedroom Apartments | $917 | $635 | $1,450 |
| Waterman 2 Bedroom Apartments | $1,269 | $725 | $2,775 |
| Waterman 3 Bedroom Apartments | $1,511 | $930 | $2,985 |
| Waterman 4 Bedroom Apartments | $1,843 | $1,040 | $3,425 |
Browse Top Apartments in Waterman
See all Apartments in WatermanExplore Waterman
Waterman, IL Local Guide
- Nearby Cities
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Cheapest Available Waterman Apartments for Rent and Nearby
The cheapest available apartment rental in Waterman, IL is a Studio unit found at The Terraces at Dekalb in the Devonaire Farms neighborhood priced from $725. Willis Senior Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Waterman apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Terraces at Dekalb | Russell Road Studio | Studio,1BA | $725 |
| Willis Senior Lofts | 1 Bedroom | 1BR,1BA | $800 |
| 103 W Railroad St | 1 bedroom apt | 1BR,1BA | $800 |
| New Suburban Apartments | Studio | Studio,1BA | $800 |
| The Terraces at Dekalb on Ridge Drive | Ridge Drive 1 Bed | 1BR,1BA | $825 |
Best Value Apartments for Rent in Waterman, IL and Nearby
As of May 13, 2025 the best value apartment in the Waterman 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 Waterman apartment is the Barrington Plaza Realty.. Model at Barrington Plaza Realty starting at $1,650 with a $0.98 price per square foot in the Devonaire Farms neighborhood. Here is today’s list of the best values for Waterman apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bristol Bay of Yorkville | Campania End (TH) | 3BR,2.5BA | $1.73 |
| Barrington Plaza Realty | Barrington Plaza Realty.. | 5BR,2BA | $0.98 |
| St. Albans Greens Townhouses and Apartments | 2 Bedrooom TH NEW | 2BR,2BA | $1.33 |
| Eco Park | 3 | 3BR,2BA | $1.28 |
| Cornerstone Dekalb Apartments | 1 BD | 1 BA | 1BR,1BA | $1.61 |
| Ashbury Court | 2B | 2BR,1BA | $1.18 |
| Lincolnshire West | 1bu | 1BR,1BA | $1.50 |
| Willis Senior Lofts | 1 Bedroom | 1BR,1BA | $1.26 |
| 103 W Railroad St | 1 bedroom apt | 1BR,1BA | $1.78 |
| Varsity Square Apartments | Studio | Studio ,1BA | $1.97 |
Quick Rent Budget Calculator
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Explore Waterman, IL Rentals by Map
See the most popular apartments and homes in Waterman, IL
Waterman, IL Apartments MapWaterman, IL Rental Homes MapGetting Around Waterman, IL
Walk Score®
25 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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 Waterman Apartments
What is the Cheapest Studio apartment in Waterman?
Currently the most affordable Cheap Studio Apartment in Waterman is at The Terraces at Dekalb listed at $725.
How much is rent for a Cheap One Bedroom Waterman Apartment?
The lowest price for a Cheap One Bedroom Waterman Apartment is $800 at Willis Senior Lofts.
What is the lowest price for a Cheap Two Bedroom Waterman Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterman is starting from $975 at Ashbury Court.
What is the most affordable Waterman Three Bedroom Apartment?
The best deal on a cheap Waterman Three Bedroom Apartment rental is at The Terraces at Dekalb and starts from $1,025.
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.
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.
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.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.