Cheap Apartments for Rent in Arcola, IL from $300 (12 Rentals)

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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920
Showing Results 1-12, Page 1 of 1

Arcola, IL Local Guide

Cheapest Available Arcola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Arcola, IL is a 1 Bed unit found at Rider Place priced from $500. The Millennium Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $505. Here is today’s list of the most affordable Arcola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rider Place1 Bedroom1BR,1BA$500
The Millennium Apartments3 Bedroom3BR,1BA$505
Melrose and Brooklyn Heights Apartments2 Bed 1 Bath2BR,1BA$585
Arthur Ave Apartments1x11BR,1BA$610
OldeTowne Apartments1 Bed/1 Bath1BR,1BA$629

Best Value Apartments for Rent in Arcola, IL and Nearby

As of October 27, 2025 the best value apartment in the Arcola area is the $0.41 price per square foot 3 Bedroom Model at The Millennium Apartments in the starting from $505. The second greatest value Arcola apartment is the 2517 Leeper Dr Model at Southwest Apartments starting at $1,200 with a $1.00 price per square foot . Here is today’s list of the best values for Arcola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Millennium Apartments3 Bedroom3BR,1BA$0.41
Southwest Apartments2517 Leeper Dr2BR,1.5BA$1.00
Kobuck Apartments1202 Wesley Ave 2bd/1ba2BR,1BA$1.29
Campus Pointe Apartments2 Bedroom 2 Bathroom2BR,2BA$1.26
Panther Heights2 Bed 2 Bath2BR,2BA$1.20
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR,1.5BA$0.95
509 Charleston Ave2 Bed 1 Bath2BR,1BA$0.91
Parkside2 Bedroom 1 Bath 850 Premium Upgrade2BR,1BA$1.42
Arthur Ave Apartments1x11BR,1BA$0.97
Rider Place1 Bedroom1BR,1BA$0.92

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Getting Around Arcola, IL

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Arcola Apartments

How much is rent for a Cheap One Bedroom Arcola Apartment?

The lowest price for a Cheap One Bedroom Arcola Apartment is $500 at Rider Place.

What is the lowest price for a Cheap Two Bedroom Arcola Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Arcola is starting from $585 at Melrose and Brooklyn Heights Apartments.

What is the most affordable Arcola Three Bedroom Apartment?

The best deal on a cheap Arcola Three Bedroom Apartment rental is at The Millennium Apartments and starts from $505.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.