
Cheap Apartments for Rent near Forsyth, IL from $400 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Forsyth.


RESERVE AT LAKEVIEW

Roosevelt School Apartments

Westport Apartments

Country Place-Moweaqua I & ll

1923 N Church St

Whispering Pines Apartments

Stones Crossing Apartments

The Quarry Apartments

Woodcrest Apartment Homes
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.

Total Monthly Price
Bradlee Park Apartments

Watch Street

Oakwood Estates

Timber Cove

Brainard Landings

Meadowview Apartments - Mahomet

442 W Division St

238 W Peoria Ave

Decatur Flats Apartments

1908 N Union St
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.

327 E Stuart Ave

West Mound Apartments

Currency Commons Apartments

Hickory Point Apartments

1705 E N St

1439 N Jasper St

Bristol Gardens

2616 E Logan St

1811 N Morgan St

803 E Whitmer St
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.

1828 E Main St

1454 N Walnut Grove Ave

1746 N Woodford St

462 W Leafland Ave

Capitol Plaza Apartments

The Grove at Main

215 N 3rd St

1363 E Johns Ave

759 E Lawrence St

Willow Heights
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.

821 N Oakland Ave

1719 W Olive St

1454 E Main St

1361 N 18th St

The Apartments at Liberty Rose

913 N Taylorville Blvd

2051 N Main St

1753 E Clay St

615 Harper Ave

2490 E Prairie St
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.
Forsyth, IL Local Guide

How much does it cost to rent an apartment in Forsyth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forsyth Studio Apartments | $1,687 | $502 | $6,684 |
| Forsyth 1 Bedroom Apartments | $2,058 | $400 | $8,570 |
| Forsyth 2 Bedroom Apartments | $1,661 | $527 | $10,000+ |
| Forsyth 3 Bedroom Apartments | $1,350 | $641 | $1,990 |
Browse Top Apartments in Forsyth
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Forsyth, IL Local Guide
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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. RESERVE AT LAKEVIEW has the second lowest priced unit, which is a 1 Bed apartment currently listed from $421. Here is today’s list of the most affordable Forsyth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Senior Flats | 1 Bed 1 Bath | 1BR,1BA | $400 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
| Bradlee Park Apartments | Studio | Studio,1BA | $650 |
| Timber Cove | The Yawl | 1BR,1BA | $780 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $785 |
Best Value Apartments for Rent in Forsyth, IL and Nearby
As of August 07, 2026 the best value apartment in the Forsyth area is the $1.04 price per square foot 2 Bed / 1 Bath | Vaulted Ceilings LVP Flooring Model at Oak Creek Plaza in the in the Downtown Bloomington neighborhood starting from $1,199. The second greatest value Forsyth apartment is the 2 Bed / 1 Bath 1906L Tracy Model at The Grove at Main starting at $1,149 with a $1.09 price per square foot in the Downtown Bloomington neighborhood. Here is today’s list of the best values for Forsyth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oak Creek Plaza | 2 Bed / 1 Bath | Vaulted Ceilings LVP Flooring | 2BR,1BA | $1.04 |
| The Grove at Main | 2 Bed / 1 Bath 1906L Tracy | 2BR,1BA | $1.09 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
| Timber Cove | The Yawl | 1BR,1BA | $1.11 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $0.76 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
| Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
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 Forsyth, IL Rentals by Map
See the most popular apartments and homes in Forsyth, IL
Frequently Asked Questions about Cheap Forsyth Apartments
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.
What is the most affordable Forsyth Three Bedroom Apartment?
The best deal on a cheap Forsyth Three Bedroom Apartment rental is at Westport Apartments and starts from $665.
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.

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.

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.