
Cheap Apartments for Rent near Forsyth, IL from $400 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Forsyth.


RESERVE AT LAKEVIEW

Westport Apartments

Roosevelt School Apartments

Country Place-Moweaqua I & ll

Whispering Pines Apartments

The Quarry Apartments

Woodcrest Apartment Homes

Stones Crossing Apartments
Rent According to Income: A Look at Income-Restricted Rentals
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Total Monthly Price
Bradlee Park Apartments

Watch Street

Timber Cove

Meadowview Apartments - Mahomet

Brainard Landings

Prairie Hills

Oakwood Estates

The Grove at Main

West Mound Apartments
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Bristol Gardens

Capitol Plaza Apartments

2474 N Florian

215 N 3rd St

1363 E Johns Ave

Willow Heights

1923 N Church St

1058 N Main St

The Apartments at Liberty Rose
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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1719 W Olive St

913 N Taylorville Blvd

327 E Stuart Ave

Decatur Flats Apartments

1315 E Main St

2490 E Prairie St

Butler Place

1746 N Woodford St

812 E Cantrell St
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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

How much does it cost to rent an apartment in Forsyth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Forsyth Studio Apartments | $1,870 | $502 | $7,035 |
| Forsyth 1 Bedroom Apartments | $1,984 | $400 | $9,348 |
| Forsyth 2 Bedroom Apartments | $1,599 | $527 | $10,000+ |
| Forsyth 3 Bedroom Apartments | $1,421 | $616 | $1,990 |
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Senior Flats | 1 Bed 1 Bath | 1BR, 1BA | $400 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR, 1BA | $497 |
| Roosevelt School Apartments | Studio | Studio, 1BA | $502 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR, 1BA | $507 |
| Westport Apartments | Two Bedroom | 2BR, 2BA | $554 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 2BR, 1BA | $600 |
| Bradlee Park Apartments | Studio | Studio, 1BA | $650 |
| The Grove at Main | 1 Bed / 1 Bath - 1903-09 Tracy | 1BR, 1BA | $825 |
| Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR, 1BA | $845 |
| Stones Crossing Apartments | 2 BDRM Wellington | 2BR, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Currency Commons Apartments | 2B1B | 2BR, 1BA | $1.00 |
| Westport Apartments | Two Bedroom | 2BR, 2BA | $0.58 |
| Oakwood Estates | Two Bedroom One Bath | 2BR, 1BA | $1.06 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR, 1BA | $0.97 |
| Stones Crossing Apartments | 2 BDRM Wellington | 2BR, 1BA | $1.01 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR, 1BA | $0.60 |
| Bristol Gardens | 2 Bedroom | 2BR, 1BA | $1.24 |
| Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR, 1BA | $1.03 |
| 2474 N Florian | 6 | 2BR, 1.5BA | $1.13 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR, 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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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
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

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.

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.

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.

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.