
Cheap Homes for Rent in Farmer City, IL from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Farmer City.


1113 Laura Dr

970 Pomona Dr

1505 Holly Hill Dr

910 S Duncan Rd
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.

1358 Mariner Way

610A English Creek Ct

214 Augusta St

28 Fetzer Ct

3206 Ridgewood Dr
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.
Farmer City, IL Local Guide

How much does it cost to rent a home in Farmer City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Farmer City 2 Bedroom Homes for Rent | $1,746 | $1,235 | $2,325 |
| Farmer City 3 Bedroom Homes for Rent | $2,100 | $1,300 | $3,200 |
| Farmer City 4 Bedroom Homes for Rent | $2,646 | $1,990 | $3,145 |
| Farmer City 5 Bedroom Homes for Rent | $3,850 | $3,850 | $3,850 |
Browse Top Homes for Rent in Farmer City
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Farmer City, IL Local Guide
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Cheapest Available Farmer City Apartments for Rent and Nearby
 The cheapest available apartment rental in Farmer City, IL is a 1 Bed unit found at Parker Glen priced from $445. Bradlee Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Farmer City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Glen | 1Bdrm | 1BR,1BA | $445 |
| Bradlee Park Apartments | Studio | Studio,1BA | $650 |
| Broadmoor Park | Cortez 1 Bedroom 1 Bath | 1BR,1BA | $795 |
Best Value Apartments for Rent in Farmer City, IL and Nearby
As of May 07, 2026 the best value apartment in the Farmer City area is the $1.30 price per square foot Pacific-Level 2 Model at Watersedge in the starting from $1,750. The second greatest value Farmer City apartment is the 2517 Leeper Dr Model at Southwest Apartments starting at $1,200 with a $1.00 price per square foot . Here is today’s list of the best values for Farmer City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Watersedge | Pacific-Level 2 | 3BR,2BA | $1.30 |
| Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
| Prestwick Point Apartments | Immediate Move-in: 2-Bedroom, 2-Bath Unit! | 2BR,2BA | $1.16 |
| The Cove At Boulder Ridge | 2 bedroom 2 bath | 2BR,2BA | $1.09 |
| Ekstam Apartments | 2 Beds 2 Bath | 2BR,2BA | $1.14 |
| Baytowne Apartments | Clauschester I Classic | 2BR,2BA | $1.26 |
| Parker Glen | 2 Bdrm | 2BR,1BA | $1.29 |
| Stonegate Village by Royse + Brinkmeyer | The Sandstone- Remodeled | 2BR,1.5BA | $1.25 |
| Town Center Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.14 |
| Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
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!
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Frequently Asked Questions about Farmer City
What type of rentals are currently available in Farmer City?
There are currently 47 Apartments for Rent in Farmer City, IL with pricing that ranges from $445 to $10,145. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Farmer City ranging from $1,235 to $3,850.
What is the current price range for Rental Homes in Farmer City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Farmer City ranges from $1,235 to $3,850 with an average monthly rent of $2,585.
How much are larger Three and Four Bedroom Rentals in Farmer City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Farmer City range from $960 to $2,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,990 and Four Bedroom Apartments start at $1,649.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.