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.

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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MAC Apartments
1 to 4 Bedroom Apartments

MAC Apartments

905 A StCharleston, IL 61920
  • Utilities Included
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Youngstown Apartments
Studio to 3 Bedroom Apartments

Youngstown Apartments

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

17th Place Apartments

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

Lincolnshire

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

University View

2005 9th StCharleston, IL 61920
  • Utilities Included

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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600 Marshall Ave
1 to 2 Bedroom Apartments

600 Marshall Ave

600 Marshall AveMattoon, IL 61938
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Cheapest Available Coles County Apartments for Rent

 

The cheapest available apartment rental in Coles County, IL is a 1 Bed unit found at Arthur Ave Apartments priced from $610. 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
Arthur Ave Apartments1x11BR,1BA$610
616 S 6th St0/1Studio,1BA$699
OldeTowne Apartments3 Bed/1.5 Bath3BR,1BA$799
Campus Suites1 Bed 1 Bath1BR,1BA$830
Campus Pointe Apartments2 Bedroom 2 Bathroom2BR,2BA$1,000

Best Value Apartments for Rent in Coles County, IL

As of June 24, 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 3 Bathroom Model at Campus Pointe Apartments starting at $1,500 with a $1.26 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
Campus Pointe Apartments3 Bedroom 3 Bathroom3BR,3BA$1.26
The Courtyard3 Bed 1 Bath3BR,1BA$1.27
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR,1.5BA$0.38
OldeTowne Apartments3 Bed/1.5 Bath3BR,1.5BA$1.23
Arthur Ave Apartments1x11BR,1BA$0.97
Campus Suites1 Bed 1 Bath1BR,1BA$1.38
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 Arthur Ave Apartments which is listed at $610, 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 8 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 $471 which is $654 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.

Articles, How-To's, and Tips

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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.

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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.

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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.

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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.