
Cheap Apartments for Rent in Coello, IL from $400 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Coello.


Storyboard at SIU

Cornerstone Place

Saluki Apartments

THE QUADS APARTMENTS

Schilling Property Management

Alpha Property Management (Alpha Rentals)

Saint Germain Square
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.

University Mall and Walnut Street Apartments

Brookside Apartments

G&R Rentals

Wedgewood Hills

The Metropolitan

Pine Shores Rentals

921 E Grand Ave

Newly Renovated 2 Bedrooms!

Aspen Court Apartments
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.

Shawnee Village

ASHBURN COURT APARTMENTS

Chesapeake

Palomino Apartments

The Hill Apartments

Chesterfield Village

Storyboard on Black Diamond

Home Rentals Corporation

413 W Main St
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.

709 S Poplar St

100 Parkview Ln

500 E College St

317 E Mill St

50 Orchard Dr

Mountain Valley Properties -Marion

510 W 5th St

18 S Linden St

118 Elles Ave
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.

1009 Briarwood Rd

501 E Reeves St

500 S Washington St

513 S Ash St

103 N Russell St

710 W Mill St

3 Briarwood Rd

Duplicate

216 S Pecan St
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.
Coello, IL Local Guide

How much does it cost to rent an apartment in Coello?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Coello Studio Apartments | $526 | $450 | $1,558 |
| Coello 1 Bedroom Apartments | $876 | $525 | $2,069 |
| Coello 2 Bedroom Apartments | $998 | $625 | $1,764 |
| Coello 3 Bedroom Apartments | $1,318 | $650 | $2,300 |
| Coello 4 Bedroom Apartments | $1,241 | $295 | $2,080 |
Browse Top Apartments in Coello
See all Apartments in CoelloExplore Coello
Coello, IL Local Guide
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Cheapest Available Coello Apartments for Rent and Nearby
 The cheapest available apartment rental in Coello, IL is a Studio unit found at Campus Edge priced from $450. Saluki Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $460. Here is today’s list of the most affordable Coello apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campus Edge | Studio | Studio,1BA | $450 |
| Saluki Apartments | Studio | Studio,1BA | $460 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $495 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $625 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $735 |
| Pine Shores Rentals | B1 - 2BR | 2BR,1BA | $750 |
| Shawnee Village | 1 BR /1 BA 62 and Older | 1BR,1BA | $846 |
| Brookside Apartments | 2 Bedroom | 2BR,1BA | $849 |
| ASHBURN COURT APARTMENTS | 2BR/1.0BA | 2BR,1BA | $850 |
Best Value Apartments for Rent in Coello, IL and Nearby
As of June 07, 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 Bedrooms Model at Grand Place Apartments starting at $1,185 with a $1.08 price per square foot . Here is today’s list of the best values for Coello apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2600 Fairway Dr | 1X1 | 3BR,2.5BA | $0.89 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| Brookside Apartments | 3 Bedroom | 3BR,1BA | $1.05 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Chesapeake | B1 | 2BR,1BA | $1.01 |
| Chesterfield Village | 1 Bedroom 1 Bath | 1BR,1BA | $1.25 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| Pine Shores Rentals | B1 - 2BR | 2BR,1BA | $1.19 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $1.20 |
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 Coello, IL Rentals by Map
See the most popular apartments and homes in Coello, IL
Frequently Asked Questions about Cheap Coello Apartments
What is the Cheapest Studio apartment in Coello?
Currently the most affordable Cheap Studio Apartment in Coello is at Campus Edge listed at $450.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.
