1124 N Walnut St
DanvilleIL61832
Cheap Homes for Rent in Danville, IL from $400 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Danville.
1307 Lape St
DanvilleIL61832
130 N Franklin St
DanvilleIL61832
630 South St
DanvilleIL61832
1206.5 Robinson St
DanvilleIL61832
104 E Center St
DanvilleIL61832
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.
2403 E Main St
DanvilleIL61832
5 Grace St
DanvilleIL61832
210 E Walnut St
DanvilleIL61832
629 Commercial St
DanvilleIL61832
17 Indiana St
DanvilleIL61832
1224 E Williams St
DanvilleIL61832
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.
1135 N Jackson St
DanvilleIL61832
619 Harmon St
DanvilleIL61832
1206 Robinson St
DanvilleIL61832
625.5 Commercial St
DanvilleIL61832
708 Harmon St
DanvilleIL61832
21 S Beard St
DanvilleIL61832
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.
1212 Robinson St
DanvilleIL61832
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Danville, IL Local Guide
How much does it cost to rent a home in Danville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Danville 2 Bedroom Homes for Rent | $746 | $525 | $995 |
| Danville 3 Bedroom Homes for Rent | $917 | $625 | $1,700 |
| Danville 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Top Homes for Rent in Danville
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Danville, IL Local Guide
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Cheapest Available Danville Apartments for Rent
The cheapest available apartment rental in Danville, IL is a 1 Bed unit found at Wabash Shore Apartments priced from $699. Brookhaven has the second lowest priced unit, which is a 1 Bed apartment currently listed from $717. Here is today’s list of the most affordable Danville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wabash Shore Apartments | 1BR/1.0BA | 1BR,1BA | $699 |
| Brookhaven | 1 Bed/ 1 Bath | 1BR,1BA | $717 |
| West Liberty Point 1BR | West Liberty Point 1BR - West... | 1BR,1BA | $725 |
| Waterview Estates | 1x1Waterview Estates | 1BR,1BA | $730 |
| The Verander | 1Br | 1BR,1BA | $732 |
Best Value Apartments for Rent in Danville, IL
As of July 12, 2026 the best value apartment in the Danville area is the $0.68 price per square foot South Pointe 5bd/3.0ba Townhouse Model at South Pointe Commons in the starting from $1,186. The second greatest value Danville apartment is the 3x3 Model at The Linc Apartments starting at $655 with a $0.57 price per square foot . Here is today’s list of the best values for Danville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| South Pointe Commons | South Pointe 5bd/3.0ba Townhouse | 5BR,3BA | $0.68 |
| The Linc Apartments | 3x3 | 3BR,3BA | $0.57 |
| Devonshire Village | 2 Bed 2 Bath Sm Apt | 2BR,2BA | $1.09 |
| 2008 S Vawter St | 3 Beds | 3BR,1BA | $1.05 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| Prairie Green Apartment Homes | 2 x 1 | 2BR,1BA | $1.02 |
| Element on Main | 2x1 | 2BR,1BA | $1.31 |
| Waterview Estates | 1x1Waterview Estates | 1BR,1BA | $1.09 |
| 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 Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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Best Local Schools in Danville, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Danville, IL Rentals by Map
See the most popular apartments and homes in Danville, IL
Frequently Asked Questions about Danville
What type of rentals are currently available in Danville?
There are currently 64 Apartments for Rent in Danville, IL with pricing that ranges from $265 to $2,700. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Danville ranging from $475 to $2,400.
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 $475 to $2,400 with an average monthly rent of $1,026.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
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.
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.
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.