Cheap Apartments for Rent in Coles County, IL from $300 (13 Rentals)

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

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MAC Apartments
1 to 4 Bedroom Apartments

MAC Apartments

905 A StCharleston, IL 61920
  • Utilities Included

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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Youngstown Apartments
Studio to 3 Bedroom Apartments

Youngstown Apartments

2402 18th StCharleston, IL 61920
  • Utilities Included
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17th Place Apartments
1 to 2 Bedroom Apartments

17th Place Apartments

2200 S 17th StMattoon, IL 61938
  • Utilities Included
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Lincolnshire
1 to 3 Bedroom Apartments

Lincolnshire

1840 Douglas StCharleston, IL 61920
  • Utilities Included
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University View
1 to 2 Bedroom Apartments

University View

2005 9th StCharleston, IL 61920
  • Utilities Included

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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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600 Marshall Ave
1 to 2 Bedroom Apartments

600 Marshall Ave

600 Marshall AveMattoon, IL 61938

Cheapest Available Coles County Apartments for Rent

 

The cheapest available apartment rental in Coles County, IL is a 1 Bed unit found at OldeTowne Apartments priced from $629. 616 S 6th St has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here is today’s list of the most affordable Coles County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
OldeTowne Apartments1 Bed/1 Bath1BR,1BA$629
616 S 6th St0/1Studio,1BA$699
Campus Suites1 Bed 1 Bath1BR,1BA$830
1905 12th St2BDR2BR,1BA$920
The Courtyard2 Bed 1 Bath2BR,1BA$1,050

Best Value Apartments for Rent in Coles County, IL

As of May 09, 2026 the best value apartment in the Coles County area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights in the starting from $1,380. The second greatest value Coles County apartment is the 3 Bedroom 1 baths Model at Lake Land Living starting at $535 with a $0.47 price per square foot . Here is today’s list of the best values for Coles County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Panther Heights3 Bed 2.5 Bath3BR,2.5BA$0.99
Lake Land Living3 Bedroom 1 baths3BR,1BA$0.47
The Courtyard3 Bed 1 Bath3BR,1BA$1.27
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR,1.5BA$0.38
The MetroThe Metro2BR,1BA$1.54
Campus Suites1 Bed 1 Bath1BR,1BA$1.38
304 N 22nd St304 N 22nd StStudio ,1BA$0.83
1413 Wabash Ave, Unit 21413 Wabash Ave1BR,1BA$2.40
OldeTowne Apartments1 Bed/1 Bath1BR,1BA$1.80
616 S 6th St0/1Studio ,1BA$2.33

Frequently Asked Questions about Cheap Coles County Apartments

What is the price of a cheap apartment in Coles County?

The cheapest apartment in Coles County is OldeTowne Apartments which is listed at $629, while the average apartment in Coles County costs $1,125.

What types of apartments are the cheapest in Coles County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Coles County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Coles County?

Cheap apartments in Coles County have an average cost of $528 which is $597 cheaper than the average rent for all rentals in Coles County.

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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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