202 S Lynn St
UrbanaIL61802
Cheap Homes for Rent in Allerton, IL from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Allerton.
1001 E Washington St
UrbanaIL61801
906 E Harding Dr
UrbanaIL61801
904 N Broadway Ave
UrbanaIL61801
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
704 Scottswood Dr
UrbanaIL61802
407 S Anderson St
UrbanaIL61801
15510 College Ave
GeorgetownIL61846
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
1506 Philo Rd
UrbanaIL61801
803 E Harding Dr
UrbanaIL61801
1505 Philo Rd
UrbanaIL61802
409 S Anderson St
UrbanaIL61801
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Allerton, IL Local Guide
Hometown of Superman by James Jordan is licensed under CC BY 2.0
How much does it cost to rent a home in Allerton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Allerton 2 Bedroom Homes for Rent | $1,250 | $775 | $1,700 |
| Allerton 3 Bedroom Homes for Rent | $1,868 | $1,350 | $2,750 |
| Allerton 4 Bedroom Homes for Rent | $2,249 | $1,095 | $3,300 |
| Allerton 5 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
Browse Top Homes for Rent in Allerton
Explore Allerton
Allerton, IL Local Guide
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Cheapest Available Allerton Apartments for Rent and Nearby
The cheapest available apartment rental in Allerton, IL is a Studio unit found at Brookhaven priced from $525. Kobuck Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Allerton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookhaven | Studio | Studio,1BA | $525 |
| Kobuck Apartments | 1204 Wesley Ave 1bd/1ba | 1BR,1BA | $795 |
| Bailey Student Apartments Available 2025! | 901 W Springfield - 2/1 | 2BR,1BA | $900 |
| Town & Country Apartments | Brentwood | 1BR,1BA | $915 |
| 202 E Crockett | 2 Bedroom | 2BR,1BA | $945 |
Best Value Apartments for Rent in Allerton, IL and Nearby
As of June 30, 2025 the best value apartment in the Allerton area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Allerton apartment is the D2 Model at Campus Circle Urbana starting at $989 with a $0.72 price per square foot in the Downtown Champaign neighborhood. Here is today’s list of the best values for Allerton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Campus Circle Urbana | D2 | 4BR,4BA | $0.72 |
| Parkstone Villas | 2 Bed/ 2 Bath | 2BR,2BA | $1.00 |
| 905 W Springfield Ave | 3 Bed | 3BR,1BA | $1.36 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.60 |
| 202 E Crockett | 2 Bedroom | 2BR,1BA | $1.05 |
| Aspen Court | The Sugar Maple | 2BR,1.5BA | $1.10 |
| Parkside | 2 Bedroom 1 Bath 850 SF Upgrade | 2BR,1BA | $1.32 |
| Kobuck Apartments | 1204 Wesley Ave 1bd/1ba | 1BR,1BA | $1.36 |
| Brookhaven | 1 Bed/ 1 Bath | 1BR,1BA | $1.54 |
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Frequently Asked Questions about Allerton
What type of rentals are currently available in Allerton?
There are currently 44 Apartments for Rent in Allerton, IL with pricing that ranges from $525 to $3,360. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allerton ranging from $775 to $3,300.
What is the current price range for Rental Homes in Allerton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Allerton ranges from $775 to $3,300 with an average monthly rent of $1,771.
How much are larger Three and Four Bedroom Rentals in Allerton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Allerton range from $875 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $780.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.