759 E Lawrence St
DecaturIL62521
Cheap Homes for Rent in Assumption, IL from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Assumption.
205 North St
RaymondIL62560
3500 N Dirksen Pkwy
SpringfieldIL62702
830 E Rogers Ave
DecaturIL62521
913 N Taylorville Blvd
TaylorvilleIL62568
615 Harper Ave
DecaturIL62526
1609 E Johns Ave
DecaturIL62521
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.
1274 W Green St
DecaturIL62522
117 S Elder Ln
DecaturIL62522
111 S Elder Ln
DecaturIL62522
545 W William St
DecaturIL62522
249 N 17th St
DecaturIL62521
1816 S Pope Ave
SpringfieldIL62703
2451 S 11th St
SpringfieldIL62703
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.
Showing Results 1-14, Page 1 of 1
Assumption, IL Local Guide
Sunrise in field by Claire Y. Martin is licensed under CC BY 2.0
How much does it cost to rent a home in Assumption?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Assumption 2 Bedroom Homes for Rent | $1,183 | $800 | $2,100 |
| Assumption 3 Bedroom Homes for Rent | $1,233 | $625 | $2,800 |
| Assumption 4 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
| Assumption 5 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Top Homes for Rent in Assumption
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Assumption, IL Local Guide
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Cheapest Available Assumption Apartments for Rent and Nearby
The cheapest available apartment rental in Assumption, IL is a 1 Bed unit found at Westport Apartments priced from $484. Country Place-Moweaqua I & ll has the second lowest priced unit, which is a 1 Bed apartment currently listed from $497. Here is today’s list of the most affordable Assumption apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $507 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
Best Value Apartments for Rent in Assumption, IL and Nearby
As of June 20, 2026 the best value apartment in the Assumption area is the $1.06 price per square foot Two Bedroom Model at Centre @ 501 Apartments in the in the Downtown Springfield neighborhood starting from $1,300. The second greatest value Assumption apartment is the Townhome Model at Ravenwood Townhomes starting at $895 with a $0.90 price per square foot . Here is today’s list of the best values for Assumption apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Centre @ 501 Apartments | Two Bedroom | 2BR,1BA | $1.06 |
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.90 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| Safe Harbor Properties | 2 Bdr 1 Bath with Balcony. Capitol View. | 2BR,1BA | $1.01 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $0.60 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $0.76 |
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.
Read Article
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.
Read ArticleQuick 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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Explore Assumption, IL Rentals by Map
See the most popular apartments and homes in Assumption, IL
Frequently Asked Questions about Assumption
What type of rentals are currently available in Assumption?
There are currently 50 Apartments for Rent in Assumption, IL with pricing that ranges from $421 to $2,110. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Assumption ranging from $625 to $2,995.
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 $625 to $2,995 with an average monthly rent of $1,788.
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
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.
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.
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.