Cheap Apartments for Rent in Cedar Point, IL from $400 (38 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614
close
View Me
Woods + Meadow Apartments
Studio to 1 Bedroom Apartments

Woods + Meadow Apartments

2215 W Willow Knolls DrPeoria, IL 61614
Corporate Housing
  • Utilities Included
close
View Me
1512 E Gardner Ln
3 Bedroom Apartments

1512 E Gardner Ln

1512 E Gardner LnPeoria Heights, IL 61616
close
View Me
Willow Way
1 to 2 Bedroom Apartments

Willow Way

2630 W Willowlake DrPeoria, IL 61614
  • Smoke Free
close
View Me
The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included

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
close
View Me
101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420

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.

Read Article
close
View Me
1101 Cambridge Dr
2 Bedroom Apartments

1101 Cambridge Dr

1101 Cambridge DrWashington, IL 61571
  • Utilities Included
Showing Results 1-38, Page 1 of 1

Cedar Point, IL Local Guide

Cheapest Available Cedar Point Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cedar Point, IL is a 1 Bed unit found at Colonial Village priced from $625. Knoxville Manor Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Cedar Point apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colonial Village1 Bedroom1BR,1BA$625
Knoxville Manor ApartmentsGarden Level1BR,1BA$675
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Willow Knolls ApartmentsStudioStudio,1BA$750
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
Nordic Villa ApartmentsLoft1BR,1BA$825
103 W Railroad St1 Bed, 1 bath1BR,1BA$850
The Village on UniversityCollins at Village South1BR,1BA$895
504 S Sweetbriar Dr2 Beds, 1 Baths2BR,1BA$900
Hillcrest Apartments2 BR / 1 BA2BR,1BA$979

Best Value Apartments for Rent in Cedar Point, IL and Nearby

As of April 13, 2026 the best value apartment in the Cedar Point area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Cedar Point apartment is the 2x2 Model at Cedar Creek Apartments starting at $1,395 with a $1.16 price per square foot . Here is today’s list of the best values for Cedar Point apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Point Apartments3 Bedroom 2 Bath2BR,2BA$1.18
Cedar Creek Apartments2x22BR,2BA$1.16
Flats at DunlapTwo Bedrooms, Two Bathrooms2BR,2BA$1.08
504 S Sweetbriar Dr2 Beds, 1 Baths2BR,1BA$0.95
The Mallard Way Rental Community1 bed 1 bath1BR,1BA$1.22
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.15
Nordic Villa ApartmentsLoft1BR,1BA$1.18
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Colonial Village1 Bedroom1BR,1BA$1.14

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Cedar Point, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Cedar Point, IL

View Map
Cedar Point, IL Apartments Map
View Map
Cedar Point, IL Rental Homes Map

Frequently Asked Questions about Cheap Cedar Point Apartments

How much is rent for a Cheap One Bedroom Cedar Point Apartment?

The lowest price for a Cheap One Bedroom Cedar Point Apartment is $625 at Colonial Village.

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

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

What is the most affordable Cedar Point Three Bedroom Apartment?

The best deal on a cheap Cedar Point Three Bedroom Apartment rental is at The Mallard Way Rental Community and starts from $1,200.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.