Cheap Apartments for Rent in Assumption, IL from $400 (19 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-19, Page 1 of 1

Assumption, IL Local Guide

Cheapest Available Assumption Apartments for Rent and Nearby

 

The cheapest available apartment rental in Assumption, IL is a 2 Beds unit found at RESERVE AT LAKEVIEW priced from $507. Stones Crossing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Assumption apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$507
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$625
The Hickox CollectionThe HickoxStudio,1BA$628
Denison PlaceOne Bedroom1BR,1BA$675
Moundford Terrace2 Bedroom 1 Bath2BR,1BA$725

Best Value Apartments for Rent in Assumption, IL and Nearby

As of June 10, 2025 the best value apartment in the Assumption area is the $0.88 price per square foot Townhome Model at Ravenwood Townhomes in the starting from $875. The second greatest value Assumption apartment is the B1 Model at Candles starting at $965 with a $1.01 price per square foot . Here is today’s list of the best values for Assumption apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
CandlesB12BR,1.5BA$1.01
Safe Harbor PropertiesWalk to work. Capitol View. WIFI Included.2BR,1BA$1.03
Timber CoveThe Whitehall2BR,1BA$0.96
721 South Grand Ave WOne Bedroom1BR,1BA$1.24
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$0.60
Denison PlaceOne Bedroom1BR,1BA$0.84
2474 N Florian1st Floor2BR,1.5BA$1.13
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
Stones Crossing ApartmentsVery nice and updated one bedroom for rent!!!!!1BR,1BA$1.16

Quick Rent Budget Calculator

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

Explore Assumption, IL Rentals by Map

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See the most popular apartments and homes in Assumption, IL

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Getting Around Assumption, IL

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

38 / 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 Assumption Apartments

What is the Cheapest Studio apartment in Assumption?

Currently the most affordable Cheap Studio Apartment in Assumption is at The Hickox Collection listed at $628.

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

The lowest price for a Cheap One Bedroom Assumption Apartment is $625 at Stones Crossing Apartments.

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

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

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.