525 S Division St
WestfieldIL62474
Cheap Homes for Rent in Arcola, IL from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Arcola.
1908 Marion Ave
MattoonIL61938
2008 Vawter St
UrbanaIL61801
207 S W A St
La PlaceIL61936
412 Taylor Ave
CharlestonIL61920
205 5th St E
HammondIL61929
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Arcola, IL Local Guide
East Main Street, Arcola, Illinois by Daniel Schwen is licensed under CC BY 4.0
How much does it cost to rent a home in Arcola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Arcola 2 Bedroom Homes for Rent | $1,272 | $699 | $1,800 |
| Arcola 3 Bedroom Homes for Rent | $1,901 | $925 | $2,950 |
| Arcola 4 Bedroom Homes for Rent | $2,291 | $1,072 | $3,600 |
| Arcola 5 Bedroom Homes for Rent | $2,045 | $2,045 | $2,045 |
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Arcola, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rider Place | 1 Bedroom | 1BR,1BA | $500 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $505 |
| Melrose and Brooklyn Heights Apartments | 2 Bed 1 Bath | 2BR,1BA | $585 |
Best Value Apartments for Rent in Arcola, IL and Nearby
As of November 02, 2025 the best value apartment in the Arcola area is the $1.20 price per square foot 4x2 Cobalt Model at Sterling on First in the starting from $1,529. The second greatest value Arcola apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 price per square foot . Here is today’s list of the best values for Arcola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sterling on First | 4x2 Cobalt | 4BR,2BA | $1.20 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
| Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
| Kobuck Apartments | 1202 Wesley Ave 2bd/1ba | 2BR,1BA | $1.29 |
| Campus Pointe Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.26 |
| Panther Heights | 2 Bed 2 Bath | 2BR,2BA | $1.20 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.95 |
| 509 Charleston Ave | 2 Bed 1 Bath | 2BR,1BA | $0.91 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
| Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
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Frequently Asked Questions about Arcola
What type of rentals are currently available in Arcola?
There are currently 44 Apartments for Rent in Arcola, IL with pricing that ranges from $413 to $2,150. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arcola ranging from $500 to $3,600.
What is the current price range for Rental Homes in Arcola?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Arcola ranges from $500 to $3,600 with an average monthly rent of $1,601.
How much are larger Three and Four Bedroom Rentals in Arcola?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Arcola range from $675 to $2,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,072 and Four Bedroom Apartments start at $1,469.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.