Cheap Apartments for Rent near Coello, IL from $425 (27 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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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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Cornerstone Place
Studio to 3 Bedroom Apartments

Cornerstone Place

250 S Lewis LnCarbondale, IL 62901
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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

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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Showing Results 1-27, Page 1 of 1

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 Campus Edge priced from $450. The Metropolitan has the second lowest priced unit, which is a Studio apartment currently listed from $495. Here is today’s list of the most affordable Coello apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Campus EdgeStudioStudio,1BA$450
The MetropolitanMetropolis EfficiencyStudio,1BA$495
THE QUADS APARTMENTS0BR/1.0BAStudio,1BA$500
Schilling Property Management1 Bed, 1 bath1BR,1BA$600
University Mall and Walnut Street ApartmentsStudioStudio,1BA$625
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$655
Brookside Apartments1 Bedroom1BR,1BA$690
ASHBURN COURT APARTMENTS1BR/1.0BA1BR,1BA$695
Newly Renovated 2 Bedrooms!2BR/1.0BA2BR,1BA$790
Shawnee Village1 BR /1 BA 62 and Older1BR,1BA$846

Best Value Apartments for Rent in Coello, IL and Nearby

As of September 05, 2026 the best value apartment in the Coello area is the $1.05 price per square foot Black Diamond C2 Model at Storyboard on Black Diamond in the starting from $2,300. The second greatest value Coello apartment is the 1X1 Model at 2600 Fairway Dr starting at $1,600 with a $0.89 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.
Storyboard on Black DiamondBlack Diamond C23BR,2.5BA$1.05
2600 Fairway Dr1X13BR,2.5BA$0.89
Alpha Property Management (Alpha Rentals)Four Bedroom (1.5 bath or 4 bath)4BR,4BA$0.91
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
THE QUADS APARTMENTS3BR/1.0BA3BR,1BA$0.73
The Reserve at Saluki Pointe2X2 By the bed2BR,2BA$0.71
900 on ParkTwo Bedroom Furnished2BR,2BA$0.82
ChesapeakeB12BR,1BA$1.01
Newly Renovated 2 Bedrooms!2BR/1.0BA2BR,1BA$1.05
Schilling Property Management1 Bed, 1 bath1BR,1BA$0.86

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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Navigating 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.

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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

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 THE QUADS APARTMENTS.

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 $750.

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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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.

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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.

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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.