
Cheap Homes for Rent in Gibson City, IL from $400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Gibson City.


412 E Letchworth Ave

1320 Yakel 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.

1605 Cruising Ln

325 N Fair St

401 1/2 W Vine St
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.

505 S Duncan Rd
Gibson City, IL Local Guide

How much does it cost to rent a home in Gibson City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gibson City 2 Bedroom Homes for Rent | $885 | $425 | $1,640 |
| Gibson City 3 Bedroom Homes for Rent | $2,121 | $1,300 | $5,000 |
| Gibson City 4 Bedroom Homes for Rent | $2,388 | $1,395 | $3,200 |
| Gibson City 5 Bedroom Homes for Rent | $2,810 | $2,420 | $3,200 |
| Gibson City 7 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
Browse Top Homes for Rent in Gibson City
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Gibson City, IL Local Guide
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Cheapest Available Gibson City Apartments for Rent and Nearby
 The cheapest available apartment rental in Gibson City, IL is a Studio unit found at Windcrest Apartments in the Downtown Champaign neighborhood priced from $650. Bradlee Park Apartments 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windcrest Apartments | Studio / 1 Bathroom | Studio,1BA | $650 |
| Bradlee Park Apartments | Studio | Studio,1BA | $650 |
| Falcon Way Townhomes | Two Bedroom Townhome | 2BR,1BA | $794 |
Best Value Apartments for Rent in Gibson City, IL and Nearby
As of January 20, 2026 the best value apartment in the Gibson City area is the $0.70 price per square foot 3 Bedroom 1893 sf Model at Wellington Place in the starting from $1,330. The second greatest value Gibson City apartment is the The Palmer Model at Golfview Village starting at $1,050 with a $0.64 price per square foot . Here is today’s list of the best values for Gibson City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wellington Place | 3 Bedroom 1893 sf | 3BR,1.5BA | $0.70 |
| Golfview Village | The Palmer | 4BR,2.5BA | $0.64 |
| The Cove At Boulder Ridge | 3 Bedroom 2 bath | 3BR,2BA | $1.25 |
| Town Center Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.01 |
| Meadowview Apartments - Mahomet | Three Bedroom Two Bathroom | 3BR,2BA | $0.87 |
| South Pointe Commons | South Pointe 3bd/1.5ba Townhouse | 3BR,1.5BA | $0.82 |
| Stonegate Village by Royse + Brinkmeyer | The Sandstone- Remodeled | 2BR,1.5BA | $1.25 |
| Park Vista | Three Bedroom (Remodeled) | 3BR,1BA | $1.16 |
| Falcon Way Townhomes | Two Bedroom Townhome | 2BR,1BA | $0.99 |
| Windcrest Apartments | 2 Bedroom / 1 Bathroom | 2BR,1BA | $1.15 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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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.
Best Local Schools in Gibson City, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Gibson City
What type of rentals are currently available in Gibson City?
There are currently 47 Apartments for Rent in Gibson City, IL with pricing that ranges from $650 to $2,345. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gibson City ranging from $425 to $7,000.
What is the current price range for Rental Homes in Gibson City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Gibson City ranges from $425 to $7,000 with an average monthly rent of $2,900.
How much are larger Three and Four Bedroom Rentals in Gibson City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Gibson City range from $830 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,050.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!