Cheap Apartments for Rent in Chenoa, IL from $600 (46 Rentals)

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

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.

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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.

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314 Mecherle
1 to 2 Bedroom Apartments

314 Mecherle

314 Mecherle DrBloomington, IL 61701
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2 Curtis Ct
2 Bedroom Apartments

2 Curtis Ct

2 Curtis CtNormal, IL 61761

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.

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Parkview Apartments
1 to 3 Bedroom Apartments

Parkview Apartments

101 Northfield DrNormal, IL 61761
  • Utilities Included
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Hershey Townhomes
2 to 3 Bedroom Apartments

Hershey Townhomes

1411 N Hershey RdBloomington, IL 61704

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-46, Page 1 of 1

Chenoa, IL Local Guide

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 ListingModel NameBed/BathPriced From
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
Broadmoor ParkCortez 1 Bedroom 1 Bath1BR,1BA$795
Class Act Realty1 Bedroom1BR,1BA$825
CollegePlace Uptown2BR/1BA2BR,1BA$845
Arbors at EastlandThe Pine1BR,1BA$855
1-7 Keisha Drive1 Bed, 1 bath1BR,1BA$875
Parkway Court Apartments1 bedroom/1 bath apartment1BR,1BA$900
300 Shelbourne1/11BR,1BA$905
Ironwood Gardens ApartmentsStudioStudio,1BA$935
Lancaster HeightsOne Bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Chenoa, IL and Nearby

As of May 02, 2026 the best value apartment in the Chenoa area is the $1.30 price per square foot 4 Bedrooms or more Model at Class Act Realty in the in the Downtown Normal neighborhood starting from $2,075. The second greatest value Chenoa apartment is the All units Model at 3 Stortz Drive starting at $1,300 with a $1.08 price per square foot in the Downtown Bloomington neighborhood. Here is today’s list of the best values for Chenoa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Class Act Realty4 Bedrooms or more4BR,2.5BA$1.30
3 Stortz DriveAll units2BR,2BA$1.08
701 FranklinApt 24BR,2BA$0.55
Ekstam Apartments2 Beds 2 Bath2BR,2BA$1.14
Harvest View2/2 First Floor2BR,2BA$1.25
Rainbow Circle Apartments2/22BR,2BA$1.23
Lincoln Square Apartments2 Bedroom 1.5 Bath Townhouse.2BR,1.5BA$1.07
BayOakBay2BR,2BA$1.23
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.77
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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.

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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.

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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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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.

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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.

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

Explore Chenoa, IL Rentals by Map

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See the most popular apartments and homes in Chenoa, IL

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Frequently Asked Questions about Cheap Chenoa Apartments

What is the Cheapest Studio apartment in Chenoa?

Currently the most affordable Cheap Studio Apartment in Chenoa is at Ironwood Gardens Apartments listed at $935.

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 $845 at CollegePlace Uptown.

What is the most affordable Chenoa Three Bedroom Apartment?

The best deal on a cheap Chenoa Three Bedroom Apartment rental is at Class Act Realty and starts from $1,450.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.