Cheap Homes for Rent in Assumption, IL from $500 (21 Rentals)

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property at 205 North St

205 North St

RaymondIL62560

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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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.

Read Article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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property at 111 S Elder Ln

111 S Elder Ln

DecaturIL62522
Showing Results 1-21, 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 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. 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 LAKEVIEWOne Bedroom One Bathroom1BR,1BA$421
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$625
The Hickox CollectionThe HickoxStudio,1BA$628
Moundford Terrace1 Bedroom 1 Bath1BR,1BA$655
Denison PlaceOne Bedroom1BR,1BA$675

Best Value Apartments for Rent in Assumption, IL and Nearby

As of September 09, 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 2 Bedroom 1 Bathroom Model at West Mound Apartments starting at $900 with a $0.99 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
West Mound Apartments2 Bedroom 1 Bathroom2BR,1BA$0.99
Safe Harbor PropertiesDowntown1BR,1BA$1.03
2474 N FlorianUnit 112BR,1.5BA$1.06
721 South Grand Ave WOne Bedroom1BR,1BA$1.24
Denison PlaceOne Bedroom1BR,1BA$0.84
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
Moundford Terrace1 Bedroom 1 Bath1BR,1BA$1.07
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69
Stones Crossing ApartmentsVery nice and updated one bedroom for rent!!!!!1BR,1BA$1.16

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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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Frequently Asked Questions about Assumption

What type of rentals are currently available in Assumption?

There are currently 39 Apartments for Rent in Assumption, IL with pricing that ranges from $400 to $1,750. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Assumption ranging from $570 to $2,950.

What is the current price range for Rental Homes in Assumption?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Assumption ranges from $570 to $2,950 with an average monthly rent of $1,530.

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 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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.