
Cheap Homes for Rent in Cowden, IL from $500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Cowden.


200 N Pine St

205 North St

1536 E Decatur St

2055 E Prairie Ave
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.

698 S Stone St

100 E Vine St

418 S Van Buren St

2152 E Johns Ave

401 S 19th St
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.

759 E Lawrence St

1609 E Johns Ave

2808 Champaign Ave

3602 E Bering St

203 Livergood St
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.

313 S Grant St

412 Taylor Ave
Cowden, IL Local Guide

How much does it cost to rent a home in Cowden?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cowden 2 Bedroom Homes for Rent | $945 | $525 | $1,500 |
| Cowden 3 Bedroom Homes for Rent | $1,258 | $895 | $2,450 |
| Cowden 4 Bedroom Homes for Rent | $1,405 | $1,072 | $2,100 |
| Cowden 5 Bedroom Homes for Rent | $1,595 | $1,390 | $1,800 |
| Cowden 7 Bedroom Homes for Rent | $2,340 | $2,340 | $2,340 |
Browse Top Homes for Rent in Cowden
Explore Cowden
Cowden, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Cowden Apartments for Rent and Nearby
 The cheapest available apartment rental in Cowden, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Roosevelt School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $461. Here is today’s list of the most affordable Cowden apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $461 |
| Rider Place | 1 Bedroom | 1BR,1BA | $500 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $505 |
| Melrose and Brooklyn Heights Apartments | 2 Bed 1 Bath | 2BR,1BA | $585 |
Best Value Apartments for Rent in Cowden, IL and Nearby
As of January 17, 2026 the best value apartment in the Cowden 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 Cowden apartment is the 2 Bedroom 2 Bath Model at Prairie Vista starting at $1,250 with a $0.96 price per square foot . Here is today’s list of the best values for Cowden apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Panther Heights | 3 Bed 2.5 Bath | 3BR,2.5BA | $0.99 |
| Prairie Vista | 2 Bedroom 2 Bath | 2BR,2BA | $0.96 |
| Decatur Flats Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.92 |
| Parkstone Villas | 2Bed/2Bth | 2BR,2BA | $1.00 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
| Timber Cove | The Whitehall | 2BR,1BA | $0.99 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.95 |
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $0.61 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
| Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
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 Cowden, IL Rentals by Map
See the most popular apartments and homes in Cowden, IL
Frequently Asked Questions about Cowden
What type of rentals are currently available in Cowden?
There are currently 49 Apartments for Rent in Cowden, IL with pricing that ranges from $413 to $1,500. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cowden ranging from $520 to $2,450.
What is the current price range for Rental Homes in Cowden?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cowden ranges from $520 to $2,450 with an average monthly rent of $1,382.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!