Cheap Apartments for Rent in East Lynn, IL from $500 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in East Lynn.

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.

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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.

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302 W Locust St
1 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801
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2204 Alpha Dr
1 Bedroom Apartments

2204 Alpha Dr

2204 Alpha DrDanville, IL 61832

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.

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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East Lynn, IL Local Guide

Cheapest Available East Lynn Apartments for Rent and Nearby

 

The cheapest available apartment rental in East Lynn, IL is a 1 Bed unit found at Parker Glen priced from $533. Wabash Shore Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable East Lynn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Glen1Bdrm1BR,1BA$533
Wabash Shore Apartments1BR/1.0BA1BR,1BA$599
Brookhaven1 Bed/ 1 Bath1BR,1BA$717
West Liberty Point 1BRWest Liberty Point 1BR - West...1BR,1BA$725
Waterview Estates1x1Waterview Estates1BR,1BA$730
The Verander1Br1BR,1BA$732
Townway Place1 Beds, 1 Baths1BR,1BA$800
Urbana Estates1x1Urbana Estates1BR,1BA$800
The Grove1BR1BR,1BA$816
University ParkOne Bedroom1BR,1BA$850

Best Value Apartments for Rent in East Lynn, IL and Nearby

As of July 05, 2026 the best value apartment in the East Lynn area is the $0.64 price per square foot D1 Model at Campus Circle Urbana in the in the Downtown Champaign neighborhood starting from $899. The second greatest value East Lynn apartment is the 3x3 Model at The Linc Apartments starting at $785 with a $0.69 price per square foot . Here is today’s list of the best values for East Lynn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Campus Circle UrbanaD14BR,4BA$0.64
The Linc Apartments3x33BR,3BA$0.69
Devonshire Village2 Bed 2 Bath Sm Apt2BR,2BA$1.09
Falcon Way TownhomesThree Bedroom Townhome3BR,1BA$0.80
Town Center Apartments2 Bedroom 1 Bath2BR,1BA$1.14
University ParkTwo Bedroom2BR,1BA$1.17
Capstone QuartersTwo Bedroom Select2BR,2BA$0.80
Waterview Estates1x1Waterview Estates1BR,1BA$1.09
Urbana Estates1x1Urbana Estates1BR,1BA$1.22
Wabash Shore Apartments1BR/1.0BA1BR,1BA$1.20

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.

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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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore East Lynn, IL Rentals by Map

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See the most popular apartments and homes in East Lynn, IL

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Frequently Asked Questions about Cheap East Lynn Apartments

What is the Cheapest Studio apartment in East Lynn?

Currently the most affordable Cheap Studio Apartment in East Lynn is at The Verander listed at $842.

How much is rent for a Cheap One Bedroom East Lynn Apartment?

The lowest price for a Cheap One Bedroom East Lynn Apartment is $533 at Parker Glen.

What is the lowest price for a Cheap Two Bedroom East Lynn Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in East Lynn is starting from $800 at Brookhaven.

What is the most affordable East Lynn Three Bedroom Apartment?

The best deal on a cheap East Lynn Three Bedroom Apartment rental is at Falcon Way Townhomes and starts from $881.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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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.

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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.