Luxury Apartments for Rent in Waterman, IL

1 rentals

  • 310 N Elm St #4, Waterman, IL 60556
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    PET FRIENDLY
    $1,175/mo
    3 Beds
    1 Bath
    900 sqft
    310 N Elm St #4,
    Waterman, IL 60556

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    Waterman
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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 Jun 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
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
Jun 2026$995
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$995—$1,175—$1,175
Apartments and Condos$995—$1,175—$995
See more information about local market trends in Waterman, IL

Frequently Asked Questions about Rentals in Waterman, IL

  • What is the average rent of an apartment in Waterman, IL?
    The average rent of an apartment in Waterman, IL is $1,175 per month. This is about 40% lower than the national average.
  • When is the average rent cheapest in Waterman, IL?
    In the last year, the average rent in Waterman, IL was lowest in Sep 2025 when it was $300 per month.
  • When is the average rent most expensive in Waterman, IL?
    In the last year, the average rent in Waterman, IL was highest in Dec 2025 when it was $1,900 per month.
  • 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.