Cheap Apartments for Rent in Wayne, IL from $800 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Wayne, IL Local Guide

Cheapest Available Wayne Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wayne, IL is a Studio unit found at Royal Ridge Apartments in the West Ridge Village neighborhood priced from $1,125. Wood Glen Senior Residences in the Alta Vista Gardens neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,136. Here is today’s list of the most affordable Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Royal Ridge ApartmentsStudioStudio,1BA$1,125
Wood Glen Senior ResidencesOne Bedroom1BR,1BA$1,136
39 Surrey Dr39 SurreyStudio,1BA$1,175
Orchard Hills ApartmentsA1BR,1BA$1,195
Aspen Ridge Apartments1x1 Diamond1BR,1BA$1,349

Best Value Apartments for Rent in Wayne, IL and Nearby

As of April 25, 2025 the best value apartment in the Wayne area is the $1.93 price per square foot Covington Model at The Township at St. Charles in the in the Riverfront neighborhood starting from $2,660. The second greatest value Wayne apartment is the 2 bed/2 bath Model at 1990 Larkin Ave, Elgin, IL 60123 starting at $2,100 with a $1.75 price per square foot in the West Ridge Village neighborhood. Here is today’s list of the best values for Wayne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Township at St. CharlesCovington3BR,2BA$1.93
1990 Larkin Ave, Elgin, IL 601232 bed/2 bath2BR,2BA$1.75
Pepper Valley Apartments2 BDR/2 BATH2BR,2BA$1.71
Orchard Hills ApartmentsD2BR,1BA$1.67
Bartlett Lakes2 Bedroom 1 Bath (B)2BR,1BA$1.90
Hanover Park Blu ApartmentsThe Barrington2BR,1BA$1.86
Aspen Ridge Apartments2x2 Cambridge2BR,1BA$2.16
Timber LakeCedar1BR,1BA$1.91
39 Surrey Dr39 SurreyStudio ,1BA$1.88
Wood Glen Senior ResidencesOne Bedroom1BR,1BA$2.03

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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

Explore Wayne, IL Rentals by Map

View MapWayne, IL Apartments MapView MapWayne, IL Rental Homes Map

Getting Around Wayne, IL

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Wayne Apartments

What is the Cheapest Studio apartment in Wayne?

Currently the most affordable Cheap Studio Apartment in Wayne is at Royal Ridge Apartments listed at $1,125.

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

The lowest price for a Cheap One Bedroom Wayne Apartment is $1,136 at Wood Glen Senior Residences.

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

Today's best deal for a Cheap Two Bedroom Apartment in Wayne is starting from $1,495 at Orchard Hills Apartments.

What is the most affordable Wayne Three Bedroom Apartment?

The best deal on a cheap Wayne Three Bedroom Apartment rental is at The Township at St. Charles and starts from $2,660.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.