Cheap Apartments for Rent in Wilmington, IL from $400 (10 Rentals)

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

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Pine Ridge
1 to 2 Bedroom Apartments

Pine Ridge

1112 Parkwood DrJoliet, IL 60432
  • Utilities Included
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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901
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Wilmington, IL Local Guide

Cheapest Available Wilmington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wilmington, IL is a 1 Bed unit found at Stone Falls in the Sunset Point neighborhood priced from $949. The Birches in the Breckenridge Cameo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone FallsOne Bedroom, Base Package1BR,1BA$949
The BirchesstuStudio,1BA$1,095
Pheasant Runsc1s1BR,1BA$1,180

Best Value Apartments for Rent in Wilmington, IL and Nearby

As of March 22, 2025 the best value apartment in the Wilmington area is the $2.14 price per square foot Three Bedroom Townhouse DTH Model at Orland Ridge Towns and Villas in the in the Meadow Park neighborhood starting from $3,350. The second greatest value Wilmington apartment is the Willowood Model at Redwood Lockport starting at $2,774 with a $2.01 price per square foot in the Cedar Ridge neighborhood. Here is today’s list of the best values for Wilmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Orland Ridge Towns and VillasThree Bedroom Townhouse DTH3BR,2.5BA$2.14
Redwood LockportWillowood2BR,2BA$2.01
The Bluffs2E2BR,2BA$2.18
Village Place ApartmentsSycamore2BR,2BA$2.19
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
Timber Pointe ApartmentsElm1BR,1BA$2.30
Twin Oaks West Apartments1 Bedroom 1 Bath1BR,1BA$1.66
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Pheasant Runsc1s1BR,1BA$1.74
Willow Run of Crest Hill1 bedroom1BR,1BA$2.12

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Best Local Schools in
Wilmington, IL

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Getting Around Wilmington, IL

Walk Score®

25 / 100

Car-Dependent

Most 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 Wilmington Apartments

What is the Cheapest Studio apartment in Wilmington?

Currently the most affordable Cheap Studio Apartment in Wilmington is at The Birches listed at $1,095.

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

The lowest price for a Cheap One Bedroom Wilmington Apartment is $949 at Stone Falls.

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

Today's best deal for a Cheap Two Bedroom Apartment in Wilmington is starting from $1,209 at Tudor Park Apartments.

What is the most affordable Wilmington Three Bedroom Apartment?

The best deal on a cheap Wilmington Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.