
Cheap Apartments for Rent in Anchor, IL from $600 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Anchor.


Summertree Rental Residences

Cortez Apartments

Broadmoor Park

Total Monthly Price
Phoenix Apartments of Pontiac

Class Act Realty

Ironwood Gardens Apartments

Arbors at Eastland
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Total Monthly Price
CollegePlace Uptown

Lincoln Square Apartments

1-7 Keisha Drive

Total Monthly Price
Pinecrest Apartments

Parkway Court Apartments

Briarwood II Apartments

Lincoln Lofts

Shelbourne Apartments
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.

The Ponds on G E Road

Pontiac Towers

Lancaster Heights

Currency Commons Apartments

Brookridge Heights Apartments

Total Monthly Price
BayOak

Brickyard Apartments

St James Place
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.

Wingover Luxury Apartments and Townhomes

Clearwater Crest Apartments

Healing Stone Court Apartments

14716 E 425 North Rd

314 Mecherle

Fairmont Apartments

2 Curtis Ct

North Rock Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1 White Place

31373 Burt Ct

619 E Dodge St
Anchor, IL Local Guide

How much does it cost to rent an apartment in Anchor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Anchor Studio Apartments | $1,673 | $650 | $5,634 |
| Anchor 1 Bedroom Apartments | $1,742 | $715 | $7,120 |
| Anchor 2 Bedroom Apartments | $1,888 | $664 | $7,769 |
| Anchor 3 Bedroom Apartments | $1,752 | $798 | $4,800 |
| Anchor 4 Bedroom Apartments | $1,182 | $709 | $2,195 |
Browse Top Apartments in Anchor
See all Apartments in AnchorExplore Anchor
Anchor, IL Local Guide
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Cheapest Available Anchor Apartments for Rent and Nearby
 The cheapest available apartment rental in Anchor, IL is a Studio unit found at Bradlee Park Apartments priced from $650. Class Act Realty in the Downtown Normal neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here is today’s list of the most affordable Anchor apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bradlee Park Apartments | Studio | Studio,1BA | $650 |
| Class Act Realty | 1 Bedroom | 1BR,1BA | $815 |
| Ironwood Gardens Apartments | Studio | Studio,1BA | $834 |
| CollegePlace Uptown | 2BR/1BA | 2BR,1BA | $840 |
| Arbors at Eastland | The Pine | 1BR,1BA | $855 |
| 1-7 Keisha Drive | 1 Bed, 1 bath | 1BR,1BA | $875 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $895 |
| Parkway Court Apartments | 1 bedroom/1 bath apartment | 1BR,1BA | $900 |
| Briarwood II | 1BR Bay Window | 1BR,1BA | $925 |
| Lincoln Lofts | 2 Bedroom | 2BR,2BA | $939 |
Best Value Apartments for Rent in Anchor, IL and Nearby
As of March 20, 2026 the best value apartment in the Anchor area is the $1.08 price per square foot All units Model at 3 Stortz Drive in the in the Downtown Bloomington neighborhood starting from $1,300. The second greatest value Anchor apartment is the 2 Beds, 2 baths Model at Rainbow East Luxury Apartments starting at $1,300 with a $1.18 price per square foot . Here is today’s list of the best values for Anchor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3 Stortz Drive | All units | 2BR,2BA | $1.08 |
| Rainbow East Luxury Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.18 |
| 701 Franklin | Apt 2 | 4BR,2BA | $0.55 |
| Clearwater Crest Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.09 |
| Ekstam Apartments | 2 Beds 2 Bath | 2BR,2BA | $1.14 |
| Rainbow Circle Apartments | 2/2 | 2BR,2BA | $1.25 |
| BayOak | Bay | 2BR,2BA | $1.20 |
| Lincoln Lofts | 2 Bedroom | 2BR,2BA | $1.03 |
| 700 N Adelaide St | Rent Per Student for 2 | 2BR,1.5BA | $0.70 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Anchor, IL Rentals by Map
See the most popular apartments and homes in Anchor, IL
Frequently Asked Questions about Cheap Anchor Apartments
What is the Cheapest Studio apartment in Anchor?
Currently the most affordable Cheap Studio Apartment in Anchor is at Bradlee Park Apartments listed at $650.
How much is rent for a Cheap One Bedroom Anchor Apartment?
The lowest price for a Cheap One Bedroom Anchor Apartment is $815 at Class Act Realty.
What is the lowest price for a Cheap Two Bedroom Anchor Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Anchor is starting from $840 at CollegePlace Uptown.
What is the most affordable Anchor Three Bedroom Apartment?
The best deal on a cheap Anchor Three Bedroom Apartment rental is at Lincoln Lofts and starts from $1,150.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.