Cheap Apartments for Rent in Ashkum, IL from $500 (26 Rentals)

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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.

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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West Liberty Point
1 Bedroom Apartments

West Liberty Point

1320 Mccullough StRantoul, IL 61866
  • Utilities Included

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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1304 E North St
1 to 2 Bedroom Apartments

1304 E North St

1304 E North StBradley, IL 60915
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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420

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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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901

Ashkum, IL Local Guide

Cheapest Available Ashkum Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ashkum, IL is a 1 Bed unit found at Falcon Way Townhomes priced from $738. 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 Ashkum apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Falcon Way TownhomesOne Bedroom1BR,1BA$738
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
Crest ApartmentsStudioStudio,1BA$800
Stone FallsOne Bedroom, Base Package1BR,1BA$949
Madison Cottage of Rensselaer1x11BR,1BA$970
Pontiac Towers1 Bedroom1BR,1BA$990
Linden Park ApartmentsStudio AStudio,1BA$1,050
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1,159
Carriage Creek Apartments1 Bed 1 Bath Garden A1BR,1BA$1,195
811 Covey Ln1x11BR,1BA$1,200

Best Value Apartments for Rent in Ashkum, IL and Nearby

As of June 11, 2026 the best value apartment in the Ashkum area is the $1.25 price per square foot 2 BED 1 BATH Model at ST JAMES SENIOR APARTMENTS in the in the University Park neighborhood starting from $1,159. The second greatest value Ashkum apartment is the Two Bedroom, Luxury Package Model at Stone Falls starting at $1,259 with a $1.38 price per square foot in the Sunset Point neighborhood. Here is today’s list of the best values for Ashkum apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
811 Covey Ln1x11BR,1BA$1.33
Olympic Village ApartmentsThe Maple2BR,1BA$1.60
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1.72
Madison Cottage of Rensselaer1x11BR,1BA$1.14
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
Maple Leaf ApartmentsGarden1BR,1BA$1.66
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Falcon Way TownhomesOne Bedroom1BR,1BA$1.59

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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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.

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

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Frequently Asked Questions about Cheap Ashkum Apartments

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

The lowest price for a Cheap One Bedroom Ashkum Apartment is $738 at Falcon Way Townhomes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Ashkum is starting from $895 at Phoenix Apartments of Pontiac.

What is the most affordable Ashkum Three Bedroom Apartment?

The best deal on a cheap Ashkum Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.

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.