
Cheap Apartments for Rent in Chenoa, IL from $600 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Chenoa.


31451 Burt Ct

31497 Burt St

Summertree Rental Residences

Pinecrest Apartments

Broadmoor Park

Phoenix Apartments of Pontiac

Class Act Realty
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
Cortez Apartments

CollegePlace Uptown

Arbors at Eastland

1-7 Keisha Drive

Ironwood Gardens Apartments

Lincoln Square Apartments

Parkway Court Apartments

The Ponds on G E Road
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Pontiac Towers

Lancaster Heights

300 Shelbourne

BayOak

St James Place

Clearwater Crest Apartments

Oak Point Apartments

Wingover Luxury Apartments and Townhomes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Healing Stone Court Apartments

Briarwood II

Ekstam Apartments

The Apartments on Christopher Way

Rainbow East Luxury Apartments

3 Stortz Drive

Elm Point Apartments

Arbour Walk Townhomes
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.

314 Mecherle

2 Curtis Ct

407 E Seminole St

Parkview Apartments

809 Kingsley St

101 Bannon Dr

Rainbow Circle Apartments

1404 S Center St
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.

Harvest View

Hershey Clearwater Townhomes

902 Railroad Ave

603 N Dianne Ln
Chenoa, IL Local Guide

How much does it cost to rent an apartment in Chenoa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chenoa Studio Apartments | $1,843 | $730 | $3,733 |
| Chenoa 1 Bedroom Apartments | $1,474 | $795 | $4,993 |
| Chenoa 2 Bedroom Apartments | $1,407 | $664 | $4,339 |
| Chenoa 3 Bedroom Apartments | $1,712 | $798 | $4,500 |
| Chenoa 4 Bedroom Apartments | $1,267 | $659 | $2,499 |
Browse Top Apartments in Chenoa
See all Apartments in ChenoaExplore Chenoa
Chenoa, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Chenoa Apartments for Rent and Nearby
 The cheapest available apartment rental in Chenoa, IL is a 1 Bed unit found at Phoenix Apartments of Pontiac priced from $795. Broadmoor Park 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 Chenoa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Phoenix Apartments of Pontiac | One Bedroom Deluxe | 1BR,1BA | $795 |
| Broadmoor Park | Cortez 1 Bedroom 1 Bath | 1BR,1BA | $795 |
| Class Act Realty | 1 Bedroom | 1BR,1BA | $820 |
| Cortez Apartments | Unfurnished | 1BR,1BA | $825 |
| Ironwood Gardens Apartments | Studio | Studio,1BA | $890 |
| Arbors at Eastland | The Maple | 2BR,1BA | $905 |
| Pontiac Towers | 1 Bedroom | 1BR,1BA | $990 |
| Lancaster Heights | One Bedroom | 1BR,1BA | $1,000 |
| Pinecrest Apartments | Pinnacle - 2 BD / 1 BA | 2BR,1BA | $1,025 |
| BayOak | Oakbrook | 2BR,2BA | $1,113 |
Best Value Apartments for Rent in Chenoa, IL and Nearby
As of August 01, 2026 the best value apartment in the Chenoa area is the $1.23 price per square foot Three Bedroom/Two Bath Model at Wingover Luxury Apartments and Townhomes in the starting from $1,600. The second greatest value Chenoa apartment is the The Reggie Renovated Model at The Social Normal starting at $679 with a $0.54 price per square foot . Here is today’s list of the best values for Chenoa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wingover Luxury Apartments and Townhomes | Three Bedroom/Two Bath | 3BR,2BA | $1.23 |
| The Social Normal | The Reggie Renovated | 4BR,4BA | $0.54 |
| 3 Stortz Drive | All units | 2BR,2BA | $1.08 |
| Harvest View | 2 Bed / 2 Bath | Upper Level | 2BR,2BA | $1.21 |
| 701 Franklin | Apt 5 | 4BR,1BA | $0.45 |
| Ekstam Apartments | 2 Beds 2 Bath | 2BR,2BA | $1.14 |
| BayOak | Bay | 2BR,2BA | $1.23 |
| 700 N Adelaide St | Rent Per Student for 2 | 2BR,1.5BA | $0.79 |
| Arbors at Eastland | The Cypress | 2BR,1BA | $1.09 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chenoa, IL Rentals by Map
See the most popular apartments and homes in Chenoa, IL
Frequently Asked Questions about Cheap Chenoa Apartments
How much is rent for a Cheap One Bedroom Chenoa Apartment?
The lowest price for a Cheap One Bedroom Chenoa Apartment is $795 at Phoenix Apartments of Pontiac.
What is the lowest price for a Cheap Two Bedroom Chenoa Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chenoa is starting from $860 at Class Act Realty.
What is the most affordable Chenoa Three Bedroom Apartment?
The best deal on a cheap Chenoa Three Bedroom Apartment rental is at Lincoln Square Apartments and starts from $1,140.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.