Cheap Apartments for Rent in Arthur, IL from $400 (45 Rentals)

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

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.

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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.

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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.

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Rider Place
1 to 3 Bedroom Apartments

Rider Place

9 Wills PlArcola, IL 61910
  • Utilities Included
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600 Marshall Ave
1 to 2 Bedroom Apartments

600 Marshall Ave

600 Marshall AveMattoon, IL 61938

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.

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1905 12th St
1 to 3 Bedroom Apartments

1905 12th St

1905 12th StCharleston, IL 61920
Student Housing
  • Utilities Included

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.

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Arthur, IL Local Guide

Cheapest Available Arthur Apartments for Rent and Nearby

 

The cheapest available apartment rental in Arthur, IL is a 1 Bed unit found at Westport Apartments priced from $484. RESERVE AT LAKEVIEW has the second lowest priced unit, which is a 2 Beds apartment currently listed from $507. Here is today’s list of the most affordable Arthur apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westport ApartmentsOne Bedroom1BR,1BA$484
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$507
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$600
Arthur Ave Apartments1x11BR,1BA$610
616 S 6th St0/1Studio,1BA$699
Timber CoveThe Yawl1BR,1BA$780
OldeTowne Apartments3 Bed/1.5 Bath3BR,1BA$799
Kobuck Apartments1204 Wesley Ave 1bd/1ba1BR,1BA$825
Campus Suites1 Bed 1 Bath1BR,1BA$830
Southwest Apartments1902 Karen Ct2BR,1BA$950

Best Value Apartments for Rent in Arthur, IL and Nearby

As of June 18, 2026 the best value apartment in the Arthur area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights in the starting from $1,380. The second greatest value Arthur apartment is the 3 Bedroom 3 Bathroom Model at Campus Pointe Apartments starting at $1,500 with a $1.26 price per square foot . Here is today’s list of the best values for Arthur apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Panther Heights3 Bed 2.5 Bath3BR,2.5BA$0.99
Campus Pointe Apartments3 Bedroom 3 Bathroom3BR,3BA$1.26
The Courtyard3 Bed 1 Bath3BR,1BA$1.27
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR,1.5BA$0.38
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$0.60
Timber CoveThe Yawl1BR,1BA$1.11
Westport ApartmentsOne Bedroom1BR,1BA$0.71
OldeTowne Apartments3 Bed/1.5 Bath3BR,1.5BA$1.23
Arthur Ave Apartments1x11BR,1BA$0.97
Stones Crossing ApartmentsVery nice and updated one bedroom for rent!!!!!1BR,1BA$1.16

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.

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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.

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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.

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

Explore Arthur, IL Rentals by Map

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Frequently Asked Questions about Cheap Arthur Apartments

What is the Cheapest Studio apartment in Arthur?

Currently the most affordable Cheap Studio Apartment in Arthur is at 616 S 6th St listed at $699.

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

The lowest price for a Cheap One Bedroom Arthur Apartment is $484 at Westport Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Arthur is starting from $507 at RESERVE AT LAKEVIEW.

What is the most affordable Arthur Three Bedroom Apartment?

The best deal on a cheap Arthur Three Bedroom Apartment rental is at Westport Apartments and starts from $665.

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 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.

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.