272 S Shannon St
RichviewIL62877
Cheap Homes for Rent near Effingham, IL from $400 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Effingham.
143 E Griffith St
ShelburnIN47879
821 N Oakland Ave
DecaturIL62522
1363 E Johns Ave
DecaturIL62521
759 E Lawrence St
DecaturIL62521
1103 Broadway St
VincennesIN47591
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
626 E Curry Dr
Terre HauteIN47802
101 Bailey Meadows
ArcolaIL61910
205 North St
RaymondIL62560
1421 Sedgwick St
DecaturIL62521
1719 W Olive St
DecaturIL62526
1361 N 18th St
DecaturIL62521
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.
1268 E Dawn Dr
Terre HauteIN47802
830 E Rogers Ave
DecaturIL62521
913 N Taylorville Blvd
TaylorvilleIL62568
1753 E Clay St
DecaturIL62521
1519 11th St
CharlestonIL61920
615 Harper Ave
DecaturIL62526
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Showing Results 1-18, Page 1 of 1
Effingham, IL Local Guide
Tall grass in the clouds by Tom Shockey is licensed under CC BY 2.0
How much does it cost to rent a home in Effingham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Effingham 2 Bedroom Homes for Rent | $921 | $499 | $1,800 |
| Effingham 3 Bedroom Homes for Rent | $1,102 | $499 | $1,500 |
| Effingham 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
| Effingham 6 Bedroom Homes for Rent | $1,599 | $1,599 | $1,599 |
Browse Top Homes for Rent in Effingham
Explore Effingham
Effingham, IL Local Guide
- Nearby Cities
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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 Westport Apartments priced from $484. McKay Manor in the Clinton County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $486. Here is today’s list of the most affordable Effingham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $486 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $507 |
Best Value Apartments for Rent in Effingham, IL and Nearby
As of July 27, 2026 the best value apartment in the Effingham area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights in the starting from $1,380. The second greatest value Effingham apartment is the 2Bed/2Bth Model at Parkstone Villas starting at $1,250 with a $1.00 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. |
|---|---|---|---|
| Panther Heights | 3 Bed 2.5 Bath | 3BR,2.5BA | $0.99 |
| Parkstone Villas | 2Bed/2Bth | 2BR,2BA | $1.00 |
| Decatur Flats Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.88 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.38 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $0.60 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $0.66 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $0.76 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
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.
Best Local Schools in Effingham, IL
Central Grade School
Effingham Community Unit School District 40
Public School - Grades K-5 (541)
5 out of 10
Effingham High School
Effingham Community Unit School District 40
Public School - Grades 9-12 (672)
8 out of 10
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
Effingham, IL Area Reviews
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Let everyone know!
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Kathy • 2+ years in Effingham
September 24, 2025There are a lot of parks, bars, and churches. And doctors! It’s a super tiny town but it’s got more like tiny town vibes.
Frequently Asked Questions about Effingham
What type of rentals are currently available in Effingham?
There are currently 70 Apartments for Rent in Effingham, IL with pricing that ranges from $413 to $1,899. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Effingham ranging from $499 to $2,500.
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 $499 to $2,500 with an average monthly rent of $1,466.
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 $587 to $1,704, while Three Bedroom Homes, Condos, and Townhomes for rent range from $499 to $1,500. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $850.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.