Cheap Homes for Rent in Donovan, IL from $400 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in Donovan.

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.

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.

Donovan, IL Local Guide

Cheapest Available Donovan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Donovan, IL is a Studio unit found at Crest Apartments in the University Park neighborhood priced from $750. St James Senior Apartments in the University Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $811. Here is today’s list of the most affordable Donovan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest ApartmentsStudioStudio,1BA$750
St James Senior ApartmentsOne Bedroom One Bath1BR,1BA$811
Madison Cottage of Rensselaer1x11BR,1BA$879

Best Value Apartments for Rent in Donovan, IL and Nearby

As of June 28, 2025 the best value apartment in the Donovan area is the $1.71 price per square foot E1 - Carver w/ Flex Space Model at Canvas at Crown Point in the in the Downtown Crown Point neighborhood starting from $3,380. The second greatest value Donovan apartment is the 2 Bed 1 Bath Townhouse Model at Central Park Apartments & Townhomes starting at $1,530 with a $1.15 price per square foot in the Lincoln Station neighborhood. Here is today’s list of the best values for Donovan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Canvas at Crown PointE1 - Carver w/ Flex Space4BR,3BA$1.71
Central Park Apartments & Townhomes2 Bed 1 Bath Townhouse2BR,1BA$1.15
2100 N Main St2 Bed 1 Bath2BR,1BA$1.19
Park Towers Apartment HomesTwo Bedroom 2 Bath- 1040 sqft2BR,2BA$1.56
Fountain View Apartments2BR / 1BA2BR,1BA$1.31
Carriage Creek Apartments1 bedroom2BR,1BA$1.26
Sherwood Lake Apartments9702BR,1BA$1.43
St James Senior ApartmentsTwo Bedroom One Bath2BR,1BA$1.25
Madison Cottage of Rensselaer1x11BR,1BA$1.03
Crest ApartmentsStudioStudio ,1BA$1.67

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Frequently Asked Questions about Donovan

What type of rentals are currently available in Donovan?

There are currently 41 Apartments for Rent in Donovan, IL with pricing that ranges from $750 to $4,435. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Donovan ranging from $400 to $4,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Donovan ranges from $400 to $4,200 with an average monthly rent of $1,677.

How much are larger Three and Four Bedroom Rentals in Donovan?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Donovan range from $1,215 to $3,738, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $4,200. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $3,380.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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.