
Cheap Apartments for Rent in Anchor, IL from $600 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Anchor.


Summertree Rental Residences

Phoenix Apartments of Pontiac

Broadmoor Park

Total Monthly Price
Cortez Apartments

Class Act Realty

Arbors at Eastland

CollegePlace Uptown
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1-7 Keisha Drive

Lincoln Square Apartments

Parkway Court Apartments

300 Shelbourne

Ironwood Gardens Apartments

Pinecrest Apartments

The Ponds on G E Road

Brookridge Heights Apartments
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.

Pontiac Towers

Lancaster Heights

Currency Commons Apartments

Lincoln Lofts

Briarwood II

BayOak

St James Place

Wingover Luxury Apartments and Townhomes
Cash 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.

Healing Stone Court Apartments

Clearwater Crest Apartments

Ekstam Apartments

Brickyard Apartments

3 Stortz Drive

Rainbow East Luxury Apartments

409 E Campbell Ave

314 Mecherle
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.

Fairmont Apartments

1007 Sheryl Ln

2 James Pl

107 College Park Ct

2 Curtis Ct

Parkview Apartments

1123 West Ave

1 White 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.

31373 Burt Ct

Rainbow Circle Apartments

1505 Holly Hill Dr
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 | $1,640 | $650 | $4,101 |
| Anchor 1 Bedroom Apartments | $1,540 | $795 | $4,642 |
| Anchor 2 Bedroom Apartments | $2,115 | $664 | $10,000+ |
| Anchor 3 Bedroom Apartments | $1,740 | $798 | $4,750 |
| Anchor 4 Bedroom Apartments | $1,167 | $659 | $2,190 |
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. Phoenix Apartments of Pontiac 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 Anchor apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bradlee Park Apartments | Studio | Studio,1BA | $650 |
| Phoenix Apartments of Pontiac | One Bedroom Deluxe | 1BR,1BA | $795 |
| Broadmoor Park | Cortez 1 Bedroom 1 Bath | 1BR,1BA | $795 |
| Cortez Apartments | Unfurnished | 1BR,1BA | $825 |
| Class Act Realty | 1 Bedroom | 1BR,1BA | $830 |
| CollegePlace Uptown | 2BR/1BA | 2BR,1BA | $845 |
| 1-7 Keisha Drive | 1 Bed, 1 bath | 1BR,1BA | $875 |
| Parkway Court Apartments | 1 bedroom/1 bath apartment | 1BR,1BA | $900 |
| Arbors at Eastland | The Maple | 2BR,1BA | $900 |
| 300 Shelbourne | 1/1 | 1BR,1BA | $905 |
Best Value Apartments for Rent in Anchor, IL and Nearby
As of May 07, 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 Apt 2 Model at 701 Franklin starting at $600 with a $0.55 price per square foot in the Downtown Normal neighborhood. 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 |
| 701 Franklin | Apt 2 | 4BR,2BA | $0.55 |
| Ekstam Apartments | 2 Beds 2 Bath | 2BR,2BA | $1.14 |
| Rainbow Circle Apartments | 2/2 | 2BR,2BA | $1.23 |
| Currency Commons Apartments | 2B1B | 2BR,1BA | $1.00 |
| Lincoln Square Apartments | 2 Bedroom 1.5 Bath Townhouse. | 2BR,1.5BA | $1.07 |
| BayOak | Bay | 2BR,2BA | $1.23 |
| Arbors at Eastland | The Maple | 2BR,1BA | $1.00 |
| 700 N Adelaide St | Rent Per Student for 2 | 2BR,1.5BA | $0.78 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
Don'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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 $795 at Phoenix Apartments of Pontiac.
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 $845 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 Class Act Realty and starts from $1,475.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.