Cheap Apartments for Rent near El Paso, IL from $600 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in El Paso.

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.

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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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314 Mecherle
1 to 2 Bedroom Apartments

314 Mecherle

314 Mecherle DrBloomington, IL 61701
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2 Curtis Ct
2 Bedroom Apartments

2 Curtis Ct

2 Curtis CtNormal, IL 61761

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.

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Parkview Apartments
1 to 3 Bedroom Apartments

Parkview Apartments

101 Northfield DrNormal, IL 61761
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1 White Place
Studio to 2 Bedroom Apartments

1 White Place

1 White PlBloomington, IL 61701
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Harvest View
2 Bedroom Apartments

Harvest View

1710-1791 Putnam AveNormal, IL 61761
  • Utilities Included

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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El Paso, IL Local Guide

Cheapest Available El Paso Apartments for Rent and Nearby

 

The cheapest available apartment rental in El Paso, IL is a 1 Bed unit found at Class Act Realty in the Downtown Normal neighborhood priced from $820. Cortez Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable El Paso apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Class Act Realty1 Bedroom1BR,1BA$820
Cortez ApartmentsUnfurnished1BR,1BA$825
East Douglas Apartments2BR/ 1BA2BR,1BA$900
Ironwood Gardens ApartmentsStudioStudio,1BA$929
Arbors at EastlandThe Cypress2BR,1BA$940
Lancaster HeightsOne Bedroom1BR,1BA$1,000
Pinecrest ApartmentsPinnacle - 2 BD / 1 BA2BR,1BA$1,025
Traditions BloomingtonTwo Bedroom - Income Restricted2BR,2BA$1,150
Oak Point ApartmentsOP-1X11BR,1BA$1,200
Ekstam Apartments2 Beds 2 Bath2BR,2BA$1,250

Best Value Apartments for Rent in El Paso, IL and Nearby

As of August 05, 2026 the best value apartment in the El Paso area is the $1.23 price per square foot Three Bedroom/Two Bath Model at Wingover Luxury Apartments and Townhomes in the starting from $1,600. The second greatest value El Paso apartment is the The Reggie Renovated Model at The Social Normal starting at $679 with a $0.54 price per square foot . Here is today’s list of the best values for El Paso apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wingover Luxury Apartments and TownhomesThree Bedroom/Two Bath3BR,2BA$1.23
The Social NormalThe Reggie Renovated4BR,4BA$0.54
3 Stortz DriveAll units2BR,2BA$1.08
East Douglas Apartments2BR/ 1BA2BR,1BA$0.75
Harvest View2 Bed / 2 Bath | Upper Level2BR,2BA$1.21
701 FranklinApt 54BR,1BA$0.45
Ekstam Apartments2 Beds 2 Bath2BR,2BA$1.14
Traditions BloomingtonTwo Bedroom - Market2BR,2BA$1.18
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.79
Arbors at EastlandThe Cypress2BR,1BA$1.09

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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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 El Paso, IL Rentals by Map

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See the most popular apartments and homes in El Paso, IL

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Frequently Asked Questions about Cheap El Paso Apartments

How much is rent for a Cheap One Bedroom El Paso Apartment?

The lowest price for a Cheap One Bedroom El Paso Apartment is $820 at Class Act Realty.

What is the lowest price for a Cheap Two Bedroom El Paso Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in El Paso is starting from $855 at Class Act Realty.

What is the most affordable El Paso Three Bedroom Apartment?

The best deal on a cheap El Paso Three Bedroom Apartment rental is at Traditions Bloomington and starts from $1,325.

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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.