Cheap Apartments for Rent near Anchor, IL from $650 (29 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
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.

close
View Me
Cortez Apartments
$825 - $940

Total Monthly Price

Base Rent$825 - $940
Total Monthly Price$825 - $940
1 Bedroom Apartments Available Now

Cortez Apartments

2506-2512 E Washington StBloomington, IL 61704
Affordability
  • Verified
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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
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

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
Showing Results 1-29, Page 1 of 1

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. Cortez Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Anchor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bradlee Park ApartmentsStudioStudio, 1BA$650
Cortez ApartmentsUnfurnished1BR, 1BA$825
Class Act Realty1 Bedroom1BR, 1BA$840
Broadmoor Park Apartments1BR/1.0BA1BR, 1BA$845
Ironwood Gardens ApartmentsStudioStudio, 1BA$851
CollegePlace Uptown2BR/1BA - Upgrade2BR, 1BA$860
Arbors at EastlandThe Pine1BR, 1BA$880
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR, 1BA$895
Pontiac Towers1 Bedroom1BR, 1BA$990
Lancaster HeightsOne Bedroom1BR, 1BA$1,000

Best Value Apartments for Rent in Anchor, IL and Nearby

As of September 19, 2026 the best value apartment in the Anchor area is the $0.47 price per square foot 4x4 Furnished Townhome Model at The Social at Illinois State in the Downtown Normal neighborhood starting from $699. The second greatest value Anchor apartment is the 3 Bed / 1.5 Bath (Remodel) Model at Hershey Clearwater Townhomes starting at $1,699 with a $1.14 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 State4x4 Furnished Townhome4BR, 4BA$0.47
Hershey Clearwater Townhomes3 Bed / 1.5 Bath (Remodel)3BR, 1.5BA$1.14
The Social NormalThe Reggie Renovated4BR, 4BA$0.54
3 Stortz DriveAll units2BR, 2BA$1.08
701 FranklinApt 13BR, 1BA$0.48
Ekstam Apartments2 Beds 2 Bath2BR, 2BA$1.14
Currency Commons Apartments2B1B2BR, 1BA$1.00
Lincoln Square Apartments2 Bedroom 1.5 Bath Townhouse.2BR, 1.5BA$1.07
700 N Adelaide StRent Per Student for 22BR, 1.5BA$0.74
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR, 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 Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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

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 $825 at Cortez Apartments.

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 $850 at Class Act Realty.

What is the most affordable Anchor Three Bedroom Apartment?

The best deal on a cheap Anchor Three Bedroom Apartment rental is at Lincoln Square Apartments and starts from $1,090.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.