Cheap Apartments for Rent near Granville, IL from $625 (39 Rentals)

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

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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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.

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Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614
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Woods + Meadow Apartments
Studio to 1 Bedroom Apartments

Woods + Meadow Apartments

2215 W Willow Knolls DrPeoria, IL 61614
Corporate Housing
  • Utilities Included
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Willow Way
1 to 2 Bedroom Apartments

Willow Way

2630 W Willowlake DrPeoria, IL 61614
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property at 137 N 4250th Rd
$800
1 Bedroom, 1 Bath Home for Rent
Available Now

137 N 4250th Rd

MendotaIL61342
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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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property at 134 Marquette St
$850
2 Bedroom, 1 Bath Home for Rent
Available Now

134 Marquette St

La SalleIL61301
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1512 E Gardner Ln
1 to 3 Bedroom Apartments

1512 E Gardner Ln

1512 E Gardner LnPeoria Heights, IL 61616
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The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • 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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1101 Cambridge Dr
2 Bedroom Apartments

1101 Cambridge Dr

1101 Cambridge DrWashington, IL 61571
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Granville, IL Local Guide

Cheapest Available Granville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Granville, IL is a 1 Bed unit found at Colonial Village priced from $625. Winkler Village Apartments in the Woodford County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Granville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colonial Village1 Bedroom1BR, 1BA$625
Winkler Village Apartments1BD 1BTH1BR, 1BA$725
Willow Knolls ApartmentsStudio / 1 BathStudio, 1BA$799
Knoxville Manor1BR/1.0BA1BR, 1BA$850
Nordic Villa ApartmentsLoft1BR, 1BA$875
Hollow Hills ApartmentsStudio / 1 Bath (650 sqft)Studio, 1BA$875
1512 E Gardner Ln1BR/1.0BA1BR, 1BA$875
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR, 1BA$895
The Village on UniversityTucker Remodel Garden Level1BR, 1BA$955
The Grove ApartmentsStandard 1 Bed / 1 Bath1BR, 1BA$975

Best Value Apartments for Rent in Granville, IL and Nearby

As of September 20, 2026 the best value apartment in the Granville area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Granville apartment is the 2x2 Model at Cedar Creek Apartments starting at $1,395 with a $1.16 price per square foot. Here is today’s list of the best values for Granville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Point Apartments3 Bedroom 2 Bath2BR, 2BA$1.18
Cedar Creek Apartments2x22BR, 2BA$1.16
Camden Hills Apartments2 Bedroom, 2 Bath2BR, 2BA$1.23
The Mallard Way Rental Community1 bed 1 bath1BR, 1BA$1.22
Nordic Villa ApartmentsTownhouse2BR, 1.5BA$1.28
Hillcrest Apartments2 BR / 1 BA2BR, 1BA$1.15
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR, 1BA$1.05
Knoxville Manor1BR/1.0BA1BR, 1BA$1.21
Winkler Village Apartments1BD 1BTH1BR, 1BA$1.06
Colonial Village1 Bedroom1BR, 1BA$1.14

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

Explore Granville, IL Rentals by Map

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Frequently Asked Questions about Cheap Granville Apartments

How much is rent for a Cheap One Bedroom Granville Apartment?

The lowest price for a Cheap One Bedroom Granville Apartment is $625 at Colonial Village.

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

Today's best deal for a Cheap Two Bedroom Apartment in Granville is starting from $895 at Phoenix Apartments of Pontiac.

What is the most affordable Granville Three Bedroom Apartment?

The best deal on a cheap Granville Three Bedroom Apartment rental is at The Mallard Way Rental Community and starts from $1,200.

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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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.

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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.