Cheap Apartments for Rent in Gibson City, IL from $500 (21 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Parker Glen
1 to 3 Bedroom Apartments

Parker Glen

2501 N Neil StChampaign, IL 61820

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 Studio unit found at Bradlee Park Apartments priced from $595. Windcrest Apartments in the Downtown Champaign neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $615. Here is today’s list of the most affordable Gibson City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bradlee Park ApartmentsStudioStudio,1BA$595
Windcrest ApartmentsStudio / 1 BathroomStudio,1BA$615
Parker Glen3 Bedroom3BR,2BA$680
Barrington1 Bedroom1BR,1BA$805
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR,1BA$810

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

As of June 20, 2025 the best value apartment in the Gibson City area is the $0.61 price per square foot South Pointe 3bd/1.5ba Duplex w/ Carport & Base... Model at South Pointe Commons in the starting from $1,079. The second greatest value Gibson City apartment is the Three Bedroom Standar Model at Capstone Quarters starting at $565 with a $0.40 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$0.61
Capstone QuartersThree Bedroom Standar3BR,3BA$0.40
Timber Wolf and Cates CrossingTimberwolf 3x2 B3BR,2BA$1.45
Tuscany Ridge Townhomes3 Bedroom Townhome (Remodeled)3BR,2.5BA$1.17
Middletown Place ApartmentsAspen2BR,2BA$1.44
Solace of Mahomet2 bedroom/2 bath (2.0)2BR,2BA$1.47
Park VistaThree Bedroom (Remodeled)3BR,1BA$1.26
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR,1BA$0.99
Stonegate Village by Royse + BrinkmeyerThe Amethyst1BR,1BA$1.46
Barrington1 Bedroom1BR,1BA$1.46

Quick 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.

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Pet Friendly Lifestyle
Gibson City, IL

Ranked #121

Among cities in Illinois for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Gibson City, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Gibson City, IL Rentals by Map

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See the most popular apartments and homes in Gibson City, IL

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Getting Around Gibson City, IL

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Bradlee Park Apartments listed at $595.

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

The lowest price for a Cheap One Bedroom Gibson City Apartment is $750 at Bradlee Park Apartments.

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 $810 at Meadowview Apartments - Mahomet.

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 $680.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.