Cheap Apartments for Rent near Coello, IL from $400 (50 Rentals)

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

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.

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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.

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413 W Main St
1 to 4 Bedroom Apartments

413 W Main St

405 S Graham AveCarbondale, IL 62901
Corporate Housing

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.

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Chesapeake
2 Bedroom Apartments

Chesapeake

202 Chesapeake DrMarion, IL 62959

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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710 W Mill St
2 Bedroom Apartments

710 W Mill St

710 W Mill StCarbondale, IL 62901
Student Housing
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2 Bedroom Apartments

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3101 Magnolia LnHerrin, IL 62948

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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Coello, IL Local Guide

Cheapest Available Coello Apartments for Rent and Nearby

 

The cheapest available apartment rental in Coello, IL is a Studio unit found at THE QUADS APARTMENTS priced from $500. Schilling Property Management has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Coello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
THE QUADS APARTMENTS0BR/1.0BAStudio,1BA$500
Schilling Property Management1 Bed, 1 bath1BR,1BA$600
ASHBURN COURT APARTMENTS1BR/1.0BA1BR,1BA$650
Shawnee Village1 BR /1 BA 62 and Older1BR,1BA$846
Palomino Apartments2BR/1.5BA2BR,1BA$950
Chesterfield Village1 Bedroom 1 Bath1BR,1BA$1,031
Grand Place Apartments3 Bedrooms3BR,2BA$1,185
Renaissance HillsA1.11BR,1BA$1,199
Cedar Creek RentalsCedar Creek 12BR,1BA$1,250
2707 Fairway Dr3 bedroom3BR,2BA$1,400

Best Value Apartments for Rent in Coello, IL and Nearby

As of July 22, 2026 the best value apartment in the Coello area is the $0.89 price per square foot 1X1 Model at 2600 Fairway Dr in the starting from $1,600. The second greatest value Coello apartment is the 3 bedroom Model at 2707 Fairway Dr starting at $1,400 with a $1.00 price per square foot . Here is today’s list of the best values for Coello apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2600 Fairway Dr1X13BR,2.5BA$0.89
2707 Fairway Dr3 bedroom3BR,2BA$1.00
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
THE QUADS APARTMENTS3BR/1.0BA3BR,1BA$0.77
Cedar Creek RentalsCedar Creek 12BR,1BA$1.25
The Reserve at Saluki Pointe2X2 By the bed2BR,2BA$0.71
900 on ParkTwo Bedroom Furnished2BR,2BA$0.82
Chesterfield Village1 Bedroom 1 Bath1BR,1BA$1.29
Schilling Property Management1 Bed, 1 bath1BR,1BA$0.86
University Edge ApartmentsStudioStudio ,1BA$1.44

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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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.

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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 Coello, IL Rentals by Map

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See the most popular apartments and homes in Coello, IL

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Frequently Asked Questions about Cheap Coello Apartments

How much is rent for a Cheap One Bedroom Coello Apartment?

The lowest price for a Cheap One Bedroom Coello Apartment is $600 at Schilling Property Management.

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

Today's best deal for a Cheap Two Bedroom Apartment in Coello is starting from $700 at Schilling Property Management.

What is the most affordable Coello Three Bedroom Apartment?

The best deal on a cheap Coello Three Bedroom Apartment rental is at THE QUADS APARTMENTS and starts from $800.

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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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.

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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.