
Cheap Apartments for Rent in Chenoa, IL from $659 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Chenoa.


102 N 2nd Ave

Summertree Rental Residences

Phoenix Apartments of Pontiac

Total Monthly Price
Cortez Apartments

Pinecrest Apartments

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.

CollegePlace Uptown

Broadmoor Park Apartments

Ironwood Gardens Apartments

1-7 Keisha Drive

Arbors at Eastland

Lincoln Square Apartments

Parkway Court Apartments
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.

The Ponds on G E Road

300 Shelbourne

Pontiac Towers

Lancaster Heights

Briarwood II

311 E Locust St

314 Mecherle
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.

214 S Bloomington St

611 W Jefferson St

403 1/2 E Monroe St

407 E Monroe St

2 Curtis Ct

Parkview Apartments

403 E Monroe St
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.
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 | $1,752 | $830 | $3,189 |
| Chenoa 1 Bedroom Apartments | $1,476 | $795 | $4,315 |
| Chenoa 2 Bedroom Apartments | $1,621 | $664 | $6,062 |
| Chenoa 3 Bedroom Apartments | $1,550 | $798 | $2,500 |
| Chenoa 4 Bedroom Apartments | $1,305 | $659 | $2,499 |
Browse Top Apartments in Chenoa
See all Apartments in ChenoaExplore Chenoa
Chenoa, IL Local Guide
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Cheapest Available Chenoa Apartments for Rent and Nearby
 The cheapest available apartment rental in Chenoa, IL is a 1 Bed unit found at Cortez Apartments priced from $825. Class Act Realty in the Downtown Normal neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. Here is today’s list of the most affordable Chenoa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cortez Apartments | Unfurnished | 1BR, 1BA | $825 |
| Class Act Realty | 1 Bedroom | 1BR, 1BA | $840 |
| Broadmoor Park Apartments | 1BR/1.0BA | 1BR, 1BA | $845 |
| Ironwood Gardens Apartments | Studio | Studio, 1BA | $853 |
| CollegePlace Uptown | 2BR/1BA - Upgrade | 2BR, 1BA | $860 |
| Arbors at Eastland | The Pine | 1BR, 1BA | $880 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR, 1BA | $895 |
| Pontiac Towers | 1 Bedroom | 1BR, 1BA | $990 |
| Lancaster Heights | One Bedroom | 1BR, 1BA | $1,000 |
| Lincoln Square Apartments | 2 Bedroom 1.5 Bath Townhouse. | 2BR, 1BA | $1,030 |
Best Value Apartments for Rent in Chenoa, IL and Nearby
As of September 17, 2026 the best value apartment in the Chenoa area is the $0.49 price per square foot 4 Balcony Renovated Model at The Social on Hovey in the Downtown Normal neighborhood starting from $749. The second greatest value Chenoa apartment is the 4x4 Furnished Townhome Model at The Social at Illinois State in the Downtown Normal neighborhood starting at $699 with a $0.47 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. |
|---|---|---|---|
| The Social on Hovey | 4 Balcony Renovated | 4BR, 4BA | $0.49 |
| The Social at Illinois State | 4x4 Furnished Townhome | 4BR, 4BA | $0.47 |
| Hershey Clearwater Townhomes | 3 Bed / 1.5 Bath (Remodel) | 3BR, 1.5BA | $1.14 |
| The Social Normal | The Reggie Renovated | 4BR, 4BA | $0.54 |
| 3 Stortz Drive | All units | 2BR, 2BA | $1.08 |
| 701 Franklin | Apt 1 | 3BR, 1BA | $0.48 |
| Ekstam Apartments | 2 Beds 2 Bath | 2BR, 2BA | $1.14 |
| Lincoln Square Apartments | 2 Bedroom 1.5 Bath Townhouse. | 2BR, 1.5BA | $1.07 |
| 700 N Adelaide St | Rent Per Student for 2 | 2BR, 1.5BA | $0.74 |
| 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 $825 at Cortez Apartments.
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 $850 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 $1,090.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.