
Cheap Homes for Rent in Effingham, IL from $300 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Effingham.


603 Monroe Ave

14 N Central Ave

321 A St

24 W Buchanan 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.

16 W Buchanan Ave

1908 Marion Ave

205 North St

913 N Taylorville Blvd
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.

1306 Arthur Ave

1305 18th St
Effingham, IL Local Guide

How much does it cost to rent a home in Effingham?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Effingham 2 Bedroom Homes for Rent | $985 | $390 | $1,800 |
Effingham 3 Bedroom Homes for Rent | $1,068 | $720 | $1,550 |
Effingham 4 Bedroom Homes for Rent | $1,773 | $1,072 | $2,950 |
Effingham 5 Bedroom Homes for Rent | $1,935 | $1,750 | $2,120 |
Browse Top Homes for Rent in Effingham
Explore Effingham
Effingham, IL Local Guide
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Cheapest Available Effingham Apartments for Rent and Nearby
 The cheapest available apartment rental in Effingham, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Effingham apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
Rider Place | 1 Bedroom | 1BR,1BA | $500 |
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $505 |
McKay Manor | 2 Bedroom | 2BR,1BA | $548 |
Melrose and Brooklyn Heights Apartments | 2 Bed 1 Bath | 2BR,1BA | $585 |
Best Value Apartments for Rent in Effingham, IL and Nearby
As of September 07, 2025 the best value apartment in the Effingham area is the $0.41 price per square foot 3 Bedroom Model at The Millennium Apartments in the starting from $505. The second greatest value Effingham apartment is the Unit 84 Model at Centralia Estates starting at $1,099 with a $0.90 price per square foot . Here is today’s list of the best values for Effingham apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
Centralia Estates | Unit 84 | 3BR,2BA | $0.90 |
McKay Manor | 2 Bedroom | 2BR,1BA | $0.55 |
West Mound Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.99 |
2474 N Florian | Unit 11 | 2BR,1.5BA | $1.06 |
Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.95 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
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Best Local Schools in Effingham, IL
South Side Grade School
Effingham High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Effingham, IL Rentals by Map
See the most popular apartments and homes in Effingham, IL
Frequently Asked Questions about Effingham
What type of rentals are currently available in Effingham?
There are currently 60 Apartments for Rent in Effingham, IL with pricing that ranges from $400 to $1,734. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Effingham ranging from $390 to $2,950.
What is the current price range for Rental Homes in Effingham?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Effingham ranges from $390 to $2,950 with an average monthly rent of $1,169.
How much are larger Three and Four Bedroom Rentals in Effingham?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Effingham range from $490 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $720 to $1,550. Four Bedroom Single-Family rentals are also available starting from $1,072 and Four Bedroom Apartments start at $1,299.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.