Cheap Apartments for Rent in Anchor, IL from $600 (57 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Anchor.

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
314 Mecherle
1 to 2 Bedroom Apartments

314 Mecherle

314 Mecherle DrBloomington, IL 61701
close
View Me
Fairmont Apartments
1 to 2 Bedroom Apartments

Fairmont Apartments

717 Fairmont DrBloomington, IL 61704
  • Utilities Included
close
View Me
2 Curtis Ct
2 Bedroom Apartments

2 Curtis Ct

2 Curtis CtNormal, IL 61761
close
View Me
Parkview Apartments
1 to 3 Bedroom Apartments

Parkview Apartments

101 Northfield DrNormal, IL 61761
  • Utilities Included
close
View Me
1 White Place
Studio to 2 Bedroom Apartments

1 White Place

1 White PlBloomington, IL 61701
close
View Me
Hershey Townhomes
2 to 3 Bedroom Apartments

Hershey Townhomes

1411 N Hershey RdBloomington, IL 61704

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.

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
Showing Results 1-50, Page 1 of 2

Anchor, IL Local Guide

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 ListingModel NameBed/BathPriced From
Bradlee Park ApartmentsStudioStudio,1BA$650
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
Broadmoor ParkCortez 1 Bedroom 1 Bath1BR,1BA$795
Cortez ApartmentsUnfurnished1BR,1BA$825
Class Act Realty1 Bedroom1BR,1BA$830
Currency Commons Apartments1B1B1BR,1BA$840
CollegePlace Uptown2BR/1BA2BR,1BA$845
1-7 Keisha Drive1 Bed, 1 bath1BR,1BA$875
Arbors at EastlandThe Maple2BR,1BA$905
300 Shelbourne1/11BR,1BA$905

Best Value Apartments for Rent in Anchor, IL and Nearby

As of June 21, 2026 the best value apartment in the Anchor area is the $0.57 price per square foot 4-bed/4-bath Model at The Social at Illinois State in the in the Downtown Normal neighborhood starting from $859. The second greatest value Anchor apartment is the 3/1.5 Model at Hershey Townhomes starting at $1,449 with a $0.97 price per square foot . Here is today’s list of the best values for Anchor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Social at Illinois State4-bed/4-bath4BR,4BA$0.57
Hershey Townhomes3/1.53BR,1.5BA$0.97
3 Stortz DriveAll units2BR,2BA$1.08
BayOakOakbrook2BR,2BA$0.95
701 FranklinApt 54BR,1BA$0.45
Lincoln Square Apartments2 Bedroom 1.5 Bath Townhouse.2BR,1.5BA$1.07
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.78
Arbors at EastlandThe Cypress2BR,1BA$1.09
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
The Social NormalThe Redbird Corner Renovated2BR,2BA$1.03

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Anchor, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Anchor, IL

View Map
Anchor, IL Apartments Map
View Map
Anchor, IL Rental Homes Map

Frequently Asked Questions about Cheap Anchor Apartments

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 Hershey Townhomes and starts from $1,449.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.