Cheap Apartments for Rent in Waterman, IL

1 rentals

  • 310 N Elm St #14, Waterman, IL 60556
    Use arrow keys to navigate
    PET FRIENDLY
    $995/mo
    1 Bed
    1 Bath
    700 sqft
    310 N Elm St #14,
    Waterman, IL 60556

  • Save Search in Waterman, IL

    Waterman
    Get emails when new homes match this search

Apartments For Rent Near Waterman, IL

We found 30 more apartments matching your filters just outside Waterman

Average Rent Trends in Waterman, IL

Rent in Waterman, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
May 2025$975
Jun 2025$975
Jul 2025$975
Aug 2025$975
Sep 2025$300
Oct 2025$300
Nov 2025$300
Dec 2025$1,900
Jan 2026$1,150
Feb 2026$1,150
Apr 2026$995
May 2026$995
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$995———$995
Apartments and Condos$995———$995
See more information about local market trends in Waterman, IL

Frequently Asked Questions about Rentals in Waterman, IL

  • What is the average rent in Waterman, IL?
    The average rent in Waterman, IL is $995. Rent prices range from $995 to as much as $995, depending on the type of rental.
  • How does the rent in Waterman, IL compare to the national average?
    Average rent in Waterman, IL is about 48% lower than the national average rent of $1,910. That means it is less expensive to rent in Waterman compared to the U.S. average.
  • What is the average rent in Waterman, IL, by number of bedrooms?
    The average rent in Waterman, IL is $ for a studio, $995 for a 1 bedroom, $ for a 2 bedroom, $ for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices in Waterman, IL changed compared to last year?
    In the past year, the average rent price in Waterman, IL has increased by $20. That means the average rent is 2% higher than last year.
  • How many available rental listings are in Waterman, IL?
    There are 1 available rental listings in Waterman, IL.
  • What are some zip codes in Waterman, IL?
    Waterman, IL includes zip codes such as: 60556.
  • What are some cities near Waterman, IL?
    Some nearby cities include: Shabbona, Hinckley, Somonauk, Dekalb, Lee. These cities may have more rental options to explore.