
Cheap Apartments for Rent in Elliott, IL from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Elliott.


Falcon Way Townhomes

Windcrest Apartments

Meadowview Apartments - Mahomet

Golfview Village

Westgate Apartments

Garden Court
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.

Twin Oaks

Town & Country Apartments

University Park

Wellington Place

Carisbrooke Apartments

808 N Lincoln Ave. Urbana, IL

South Pointe Commons
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.

409 E Campbell Ave

1088 Eastview Dr

West Liberty Point

913 W Church St.

418 N High St

220 N Johnson St

1217 W Bradley Ave
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.
Elliott, IL Local Guide

How much does it cost to rent an apartment in Elliott?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elliott Studio Apartments | $862 | $650 | $1,050 |
| Elliott 1 Bedroom Apartments | $1,102 | $640 | $1,655 |
| Elliott 2 Bedroom Apartments | $1,279 | $744 | $2,345 |
| Elliott 3 Bedroom Apartments | $1,241 | $785 | $2,035 |
| Elliott 4 Bedroom Apartments | $1,369 | $635 | $1,834 |
Browse Top Apartments in Elliott
See all Apartments in ElliottExplore Elliott
Elliott, IL Local Guide
- Nearby Cities
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Cheapest Available Elliott Apartments for Rent and Nearby
 The cheapest available apartment rental in Elliott, IL is a 1 Bed unit found at Falcon Way Townhomes priced from $758. Twin Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Elliott apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Falcon Way Townhomes | One Bedroom | 1BR,1BA | $758 |
| Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $800 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $800 |
| Golfview Village | The McGavin | 3BR,1BA | $830 |
| Wellington Place | 1 Bedroom on the 1st floor | 1BR,1BA | $850 |
Best Value Apartments for Rent in Elliott, IL and Nearby
As of May 30, 2026 the best value apartment in the Elliott area is the $1.24 price per square foot Juniper Model at Middletown Place Apartments in the starting from $1,760. The second greatest value Elliott apartment is the 3 Bedroom Townhome (Standard Unit) Model at Tuscany Ridge Townhomes starting at $1,375 with a $1.08 price per square foot . Here is today’s list of the best values for Elliott apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Middletown Place Apartments | Juniper | 2BR,2BA | $1.24 |
| Tuscany Ridge Townhomes | 3 Bedroom Townhome (Standard Unit) | 3BR,2.5BA | $1.08 |
| Nantucket Cove Apartments | The Erving | 3BR,3BA | $1.22 |
| Golfview Village | The McGavin | 3BR,1.5BA | $0.70 |
| Baytowne Apartments | Clauschester I Classic | 2BR,2BA | $1.26 |
| The Linc Apartments | 2x2 | 2BR,2BA | $0.88 |
| Town Center Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.14 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| Capstone Quarters | Two Bedroom Select | 2BR,2BA | $0.80 |
| 808 N Lincoln Ave. Urbana, IL | 2 Bed / 1 Bath | 2BR,1BA | $1.28 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elliott, IL Rentals by Map
See the most popular apartments and homes in Elliott, IL
Frequently Asked Questions about Cheap Elliott Apartments
How much is rent for a Cheap One Bedroom Elliott Apartment?
The lowest price for a Cheap One Bedroom Elliott Apartment is $758 at Falcon Way Townhomes.
What is the lowest price for a Cheap Two Bedroom Elliott Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elliott is starting from $995 at University Park.
What is the most affordable Elliott Three Bedroom Apartment?
The best deal on a cheap Elliott Three Bedroom Apartment rental is at Golfview Village and starts from $830.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.