Cheap Apartments for Rent in Colfax, IL from $600 (33 Rentals)

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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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314 Mecherle
1 to 2 Bedroom Apartments

314 Mecherle

314 Mecherle DrBloomington, IL 61701
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717 Fairmont
1 to 2 Bedroom Apartments

717 Fairmont

717 Fairmont DrBloomington, IL 61704
  • Utilities Included
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2 Curtis Ct
2 Bedroom Apartments

2 Curtis Ct

2 Curtis CtNormal, IL 61761
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Parkview Apartments
1 to 3 Bedroom Apartments

Parkview Apartments

101 Northfield DrNormal, IL 61761
  • Utilities Included
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1 White Place
Studio to 2 Bedroom Apartments

1 White Place

1 White PlBloomington, IL 61701

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-33, Page 1 of 1

Colfax, IL Local Guide

Cheapest Available Colfax Apartments for Rent and Nearby

 

The cheapest available apartment rental in Colfax, IL is a Studio unit found at Bradlee Park Apartments priced from $650. Class Act Realty in the Downtown Normal neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Colfax apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bradlee Park ApartmentsStudioStudio,1BA$650
Class Act Realty1 Bedroom1BR,1BA$825
Arbors at EastlandThe Oak1BR,1BA$835
CollegePlace Uptown2BR/1BA2BR,1BA$840
1-7 Keisha Drive1 Bed, 1 bath1BR,1BA$875
Parkway Court Apartments1 bedroom/1 bath apartment1BR,1BA$900
Lincoln Lofts2 Bedroom2BR,2BA$939
Shelbourne Apartments1/11BR,1BA$949
Ironwood Gardens ApartmentsStudioStudio,1BA$982
Briarwood II2BR Patio or Balcony with Updated Cabinets or L...2BR,1BA$999

Best Value Apartments for Rent in Colfax, IL and Nearby

As of March 12, 2026 the best value apartment in the Colfax area is the $1.25 price per square foot 4 Bedrooms or more Model at Class Act Realty in the in the Downtown Normal neighborhood starting from $2,000. The second greatest value Colfax apartment is the 4 Balcony Renovated Model at The Social on Hovey starting at $889 with a $0.58 price per square foot in the Downtown Normal neighborhood. Here is today’s list of the best values for Colfax apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Class Act Realty4 Bedrooms or more4BR,2.5BA$1.25
The Social on Hovey4 Balcony Renovated4BR,4BA$0.58
3 Stortz DriveAll units2BR,2BA$1.08
Clearwater Crest Apartments2 Beds, 2 baths2BR,2BA$1.09
Ekstam Apartments2 Beds 2 Bath2BR,2BA$1.14
Rainbow East Luxury Apartments2 Beds, 2 baths2BR,2BA$1.18
701 FranklinApt 24BR,2BA$0.55
BayOakBay2BR,2BA$1.20
Lincoln Lofts2 Bedroom2BR,2BA$1.03
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.70

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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 Colfax, IL Rentals by Map

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Frequently Asked Questions about Cheap Colfax Apartments

What is the Cheapest Studio apartment in Colfax?

Currently the most affordable Cheap Studio Apartment in Colfax is at Bradlee Park Apartments listed at $650.

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

The lowest price for a Cheap One Bedroom Colfax Apartment is $825 at Class Act Realty.

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

Today's best deal for a Cheap Two Bedroom Apartment in Colfax is starting from $840 at CollegePlace Uptown.

What is the most affordable Colfax Three Bedroom Apartment?

The best deal on a cheap Colfax Three Bedroom Apartment rental is at Lincoln Lofts and starts from $1,150.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.