
Cheap Homes for Rent in Wayne, IL from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Wayne.


535 W Lies Rd

16 Simpson St

279 Bayview Rd

12 Simpson St

1493 Keystone Ct

532 Alton Ct

212 S 4th St
Wayne, IL Local Guide

How much does it cost to rent a home in Wayne?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Wayne 2 Bedroom Homes for Rent | $2,425 | $1,500 | $5,000 |
Wayne 3 Bedroom Homes for Rent | $2,959 | $1,995 | $5,950 |
Wayne 4 Bedroom Homes for Rent | $3,399 | $2,600 | $5,000 |
Browse Top Homes for Rent in Wayne
Explore Wayne
Wayne, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Royal Ridge Apartments | Studio | Studio,1BA | $1,125 |
Orchard Hills Apartments | A | 1BR,1BA | $1,195 |
Timber Lake | Cedar | 1BR,1BA | $1,330 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Township at St. Charles | Covington | 3BR,2BA | $1.93 |
1990 Larkin Ave, Elgin, IL 60123 | 2 bed/2 bath | 2BR,2BA | $1.75 |
Pepper Valley Apartments | 2 BDR/2 BATH | 2BR,2BA | $1.71 |
Bartlett Court Apartments | Upgraded Skyline | 2BR,2BA | $2.19 |
Orchard Hills Apartments | D | 2BR,1BA | $1.67 |
Fox Run Apartments | Franklin | 1BR,1.5BA | $1.96 |
Bartlett Lakes | 2 Bedroom 1 Bath (A) | 2BR,1BA | $2.06 |
Timber Lake | Cedar | 1BR,1BA | $1.84 |
Aspen Ridge Apartments | 1x1 Freestyle | 1BR,1BA | $2.10 |
Hanover Park Blu Apartments | The Lincoln | 1BR,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.
Frequently Asked Questions about Wayne
What type of rentals are currently available in Wayne?
There are currently 56 Apartments for Rent in Wayne, IL with pricing that ranges from $826 to $28,437. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wayne ranging from $1,395 to $5,950.
What is the current price range for Rental Homes in Wayne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wayne ranges from $1,395 to $5,950 with an average monthly rent of $2,544.
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.

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.

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.

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.

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.