Cheap Apartments for Rent near Forsyth, IL from $400 (36 Rentals)

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

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215 N 3rd St
1 to 2 Bedroom Apartments

215 N 3rd St

215 N 3rd StHartsburg, IL 62643
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Willow Heights
1 to 2 Bedroom Apartments

Willow Heights

1460 E Wellington WayDecatur, IL 62526
Senior Living
  • Utilities Included

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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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Butler Place
2 Bedroom Apartments

Butler Place

3100 Butler StSpringfield, IL 62703
  • 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.

Forsyth, IL Local Guide

Cheapest Available Forsyth Apartments for Rent and Nearby

 

The cheapest available apartment rental in Forsyth, IL is a 1 Bed unit found at Lincoln Senior Flats priced from $400. Country Place-Moweaqua I & ll has the second lowest priced unit, which is a 1 Bed apartment currently listed from $497. Here is today’s list of the most affordable Forsyth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lincoln Senior Flats1 Bed 1 Bath1BR, 1BA$400
Country Place-Moweaqua I & ll1 Bedroom1BR, 1BA$497
Roosevelt School ApartmentsStudioStudio, 1BA$502
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR, 1BA$507
Westport ApartmentsTwo Bedroom2BR, 2BA$554
Whispering Pines Apartments1 Bed, 1 Bath - Essential2BR, 1BA$600
Bradlee Park ApartmentsStudioStudio, 1BA$650
The Grove at Main1 Bed / 1 Bath - 1903-09 Tracy1BR, 1BA$825
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR, 1BA$845
Stones Crossing Apartments2 BDRM Wellington2BR, 1BA$865

Best Value Apartments for Rent in Forsyth, IL and Nearby

As of September 22, 2026 the best value apartment in the Forsyth area is the $1.00 price per square foot 2B1B Model at Currency Commons Apartments in the Downtown Bloomington neighborhood starting from $1,000. The second greatest value Forsyth apartment is the Two Bedroom Model at Westport Apartments starting at $554 with a $0.58 price per square foot. Here is today’s list of the best values for Forsyth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Currency Commons Apartments2B1B2BR, 1BA$1.00
Westport ApartmentsTwo Bedroom2BR, 2BA$0.58
Oakwood EstatesTwo Bedroom One Bath2BR, 1BA$1.06
Lincoln Senior Flats2 Bed 1 Bath2BR, 1BA$0.97
Stones Crossing Apartments2 BDRM Wellington2BR, 1BA$1.01
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR, 1BA$0.60
Bristol Gardens2 Bedroom2BR, 1BA$1.24
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR, 1BA$1.03
2474 N Florian62BR, 1.5BA$1.13
Country Place-Moweaqua I & ll1 Bedroom1BR, 1BA$0.76

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Location, Location, Location!

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Frequently Asked Questions about Cheap Forsyth Apartments

What is the Cheapest Studio apartment in Forsyth?

Currently the most affordable Cheap Studio Apartment in Forsyth is at Roosevelt School Apartments listed at $502.

How much is rent for a Cheap One Bedroom Forsyth Apartment?

The lowest price for a Cheap One Bedroom Forsyth Apartment is $400 at Lincoln Senior Flats.

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

Today's best deal for a Cheap Two Bedroom Apartment in Forsyth is starting from $507 at RESERVE AT LAKEVIEW.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.