Cheap Apartments for Rent in Wayne, IL from $800 (16 Rentals)

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

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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. Orchard Hills Apartments in the East Streamwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Wayne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Royal Ridge ApartmentsStudioStudio,1BA$1,125
Orchard Hills ApartmentsA1BR,1BA$1,195
Timber LakeCedar1BR,1BA$1,330
Hanover Park Blu ApartmentsThe Lincoln1BR,1BA$1,370
Aspen Ridge Apartments1x1 Diamond1BR,1BA$1,399

Best Value Apartments for Rent in Wayne, IL and Nearby

As of April 05, 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
Bartlett Court ApartmentsUpgraded Skyline2BR,2BA$2.19
Orchard Hills ApartmentsD2BR,1BA$1.67
Fox Run ApartmentsFranklin1BR,1.5BA$1.85
Bartlett Lakes2 Bedroom 1 Bath (A)2BR,1BA$2.06
Timber LakeCedar1BR,1BA$1.84
Aspen Ridge Apartments1x1 Freestyle1BR,1BA$2.10
Hanover Park Blu ApartmentsThe Lincoln1BR,1BA$2.03

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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

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 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 $1,195 at Orchard Hills Apartments.

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 508 Monroe Ave and starts from $2,349.

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.