Cheap Apartments for Rent in Gibson City, IL from $533 (39 Rentals)

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

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.

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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.

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Colony Court
$1,135 - $1,285

Total Monthly Price

Base Rent$1,135 - $1,285
Total Monthly Price$1,135 - $1,285
2 to 3 Bedroom Apartments Contact Us For Availability

Colony Court

502 S Mattis AveChampaign, IL 61821
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913 W Church St.
1 Bedroom Apartments

913 W Church St.

913 W Church StChampaign, IL 61821
  • Utilities Included

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.

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Barrington
1 Bedroom Apartments

Barrington

2541-2553 W Springfield AveChampaign, IL 61821
Corporate Housing
  • Utilities Included
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Wellington Place
1 to 3 Bedroom Apartments

Wellington Place

902 Newcastle DrChampaign, IL 61822
  • Utilities Included
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Copper View Apartments
1 to 3 Bedroom Apartments

Copper View Apartments

2002 W Bradley AveChampaign, IL 61821
  • 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.

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Parkview Apartments
1 Bedroom Apartments

Parkview Apartments

412 W Church StChampaign, IL 61820
Student Housing
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Gibson City, IL Local Guide

Cheapest Available Gibson City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Gibson City, IL is a 1 Bed unit found at Parker Glen priced from $533. Windcrest Apartments in the Downtown Champaign neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Gibson City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Glen1Bdrm1BR,1BA$533
Windcrest ApartmentsStudioStudio,1BA$650
Bradlee Park ApartmentsStudioStudio,1BA$650
West Liberty Point 1BRWest Liberty Point 1BR - West...1BR,1BA$725
Falcon Way TownhomesOne Bedroom1BR,1BA$770
Twin Oaks2423 W. Bradley Ave1BR,1BA$800
Town Center Apartments3 Bedroom 2 Bath3BR,2BA$830
Garden Court2 Bed / 1.5 Bath2BR,1BA$850
Golfview VillageThe McGavin3BR,1BA$860
Eastland ApartmentsStudio ApartmentStudio,1BA$895

Best Value Apartments for Rent in Gibson City, IL and Nearby

As of September 05, 2026 the best value apartment in the Gibson City area is the $0.66 price per square foot South Pointe 3bd/1.5ba Duplex w/ Carport & Base... Model at South Pointe Commons in the starting from $1,169. The second greatest value Gibson City apartment is the Three Bedroom Mix Model at Capstone Quarters starting at $535 with a $0.38 price per square foot . Here is today’s list of the best values for Gibson City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South Pointe CommonsSouth Pointe 3bd/1.5ba Duplex w/ Carport & Base...3BR,1.5BA$0.66
Capstone QuartersThree Bedroom Mix3BR,3BA$0.38
Tuscany Ridge Townhomes3 Bedroom Townhome (Standard Unit)3BR,2.5BA$1.08
Onyx Apartments4x24BR,2BA$0.55
Golfview VillageThe McGavin3BR,1.5BA$0.73
Town Center Apartments3 Bedroom 2 Bath3BR,2BA$0.70
The Linc Apartments3x33BR,3BA$0.65
Prestwick Point Apartments2-Bedroom, 2-Bath Unit!2BR,2BA$1.27
Garden Court2 Bed / 1.5 Bath2BR,1.5BA$1.03
Parker Glen1Bdrm1BR,1BA$0.72

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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Gibson City, IL

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Remember the 3 Rules of Real Estate:
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Gibson City, IL Area Reviews

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Jennifer

March 5, 2026

I want to be closer to my kid grands so I can spend more time with them And I think I think this city is a nice place for my grandkids and e will be able to go places there

Frequently Asked Questions about Cheap Gibson City Apartments

What is the Cheapest Studio apartment in Gibson City?

Currently the most affordable Cheap Studio Apartment in Gibson City is at Windcrest Apartments listed at $650.

How much is rent for a Cheap One Bedroom Gibson City Apartment?

The lowest price for a Cheap One Bedroom Gibson City Apartment is $533 at Parker Glen.

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

Today's best deal for a Cheap Two Bedroom Apartment in Gibson City is starting from $629 at Parker Glen.

What is the most affordable Gibson City Three Bedroom Apartment?

The best deal on a cheap Gibson City Three Bedroom Apartment rental is at Parker Glen and starts from $714.

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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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.

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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.