
Cheap Apartments for Rent in Collison, IL from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Collison.


Aspen Court

Brookhaven

Falcon Way Townhomes

The Verander

Golfview Village

The Grove

Town & Country 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.

Townway Place

Urbana Estates

Philo Estates Apartments

Brunswick Apartments

University Park

Prairie Green Apartment Homes

Element on Main

808 N Lincoln 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.

1137 N Walnut St

30-103 Illinois St

528 Grant St

409 E Campbell Ave

4 Cronkhite Ave

302 W Locust St

208 Stroup St

Wabash Shore Apartments
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.

West Liberty Point

2204 Alpha Dr

Michigan East - Campus Property Management

124 N Beard St

225 Delaware Ave

Silver St./Philo Rd/Fletcher St

904 N Broadway Ave

Willow Springs
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.

911 E Main St

129 S Griffin St
Collison, IL Local Guide

How much does it cost to rent an apartment in Collison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Collison Studio Apartments | $840 | $525 | $1,025 |
| Collison 1 Bedroom Apartments | $1,002 | $652 | $1,661 |
| Collison 2 Bedroom Apartments | $1,143 | $518 | $1,675 |
| Collison 3 Bedroom Apartments | $1,117 | $805 | $1,430 |
| Collison 4 Bedroom Apartments | $1,183 | $1,050 | $1,351 |
Browse Top Apartments in Collison
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Collison, IL Local Guide
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Cheapest Available Collison Apartments for Rent and Nearby
 The cheapest available apartment rental in Collison, IL is a Studio unit found at Brookhaven priced from $525. The Verander has the second lowest priced unit, which is a 1 Bed apartment currently listed from $732. Here is today’s list of the most affordable Collison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookhaven | Studio | Studio,1BA | $525 |
| The Verander | 1Br | 1BR,1BA | $732 |
| Golfview Village | The Gilmore | 2BR,1BA | $750 |
| The Grove | 1BR | 1BR,1BA | $783 |
| Townway Place | 1 Beds, 1 Baths | 1BR,1BA | $795 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $800 |
| Town & Country Apartments | Brentwood | 1BR,1BA | $825 |
| Aspen Court | The Beech | 1BR,1BA | $825 |
| Falcon Way Townhomes | Three Bedroom Townhome | 3BR,1BA | $826 |
| ONYX | The Cottage | 2BR,1BA | $850 |
Best Value Apartments for Rent in Collison, IL and Nearby
As of March 09, 2026 the best value apartment in the Collison area is the $0.64 price per square foot The Palmer Model at Golfview Village in the starting from $1,050. The second greatest value Collison apartment is the 2 Bedroom/2.5 bath Model at 200 Vine St starting at $1,675 with a $1.07 price per square foot . Here is today’s list of the best values for Collison apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Golfview Village | The Palmer | 4BR,2.5BA | $0.64 |
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Devonshire Village | 2 Bed 2 Bath Private Entry | 2BR,2BA | $1.21 |
| Falcon Way Townhomes | Three Bedroom Townhome | 3BR,1BA | $0.73 |
| Eastland Apartments | 2 Bedroom | 2BR,2BA | $1.28 |
| South Pointe Commons | South Pointe 3bd/1.5ba Townhouse | 3BR,1.5BA | $0.87 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| Capstone Quarters | Two Bedroom Select | 2BR,2BA | $0.80 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $1.22 |
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 ArticleThe 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.
Read ArticleCash 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.
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 Collison, IL Rentals by Map
See the most popular apartments and homes in Collison, IL
Frequently Asked Questions about Cheap Collison Apartments
What is the Cheapest Studio apartment in Collison?
Currently the most affordable Cheap Studio Apartment in Collison is at Brookhaven listed at $525.
How much is rent for a Cheap One Bedroom Collison Apartment?
The lowest price for a Cheap One Bedroom Collison Apartment is $717 at Brookhaven.
What is the lowest price for a Cheap Two Bedroom Collison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Collison is starting from $800 at Brookhaven.
What is the most affordable Collison Three Bedroom Apartment?
The best deal on a cheap Collison Three Bedroom Apartment rental is at Falcon Way Townhomes and starts from $805.
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

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.

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.

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.

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.