Cheap Homes for Rent in Danville, IL from $400 (11 Rentals)

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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.

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.

Danville, IL Local Guide

Cheapest Available Danville Apartments for Rent

 

The cheapest available apartment rental in Danville, IL is a Studio unit found at Brookhaven priced from $525. Brunswick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Danville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
Brunswick ApartmentsStudioStudio,1BA$625
Country Manor Apartments1BR/1.0BA1BR,1BA$649
The Grove1 Bed 1 Bath1BR,1BA$726
Townway Place1 Beds, 1 Baths1BR,1BA$795

Best Value Apartments for Rent in Danville, IL

As of May 28, 2025 the best value apartment in the Danville area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Danville apartment is the 2 Bed 2 Bath Private Entry Model at Devonshire Village starting at $1,450 with a $1.21 price per square foot . Here is today’s list of the best values for Danville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1.07
Devonshire Village2 Bed 2 Bath Private Entry2BR,2BA$1.21
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1.5BA$0.80
Campus OaksFloorplan A - Price per person4BR,2BA$0.60
202 E Crockett2 Bedroom2BR,1BA$1.05
Aspen CourtThe Sugar Maple2BR,1.5BA$1.10
Country Manor Apartments1BR/1.0BA1BR,1BA$0.76
Parkside2 Bedroom 1 Bath - 850 SF2BR,1BA$1.19
The Grove1 Bed 1 Bath1BR,1BA$0.97
Townway Place1 Beds, 1 Baths1BR,1BA$1.33

Quick 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.

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Frequently Asked Questions about Danville

What type of rentals are currently available in Danville?

There are currently 56 Apartments for Rent in Danville, IL with pricing that ranges from $525 to $1,824. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Danville ranging from $425 to $2,950.

What is the current price range for Rental Homes in Danville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Danville ranges from $425 to $2,950 with an average monthly rent of $1,121.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.