Cheap Apartments for Rent in Hoopeston, IL from $500 (48 Rentals)

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

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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302 W Locust St
1 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801

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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2204 Alpha Dr
1 Bedroom Apartments

2204 Alpha Dr

2204 Alpha DrDanville, IL 61832

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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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.

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Hoopeston, IL Local Guide

Cheapest Available Hoopeston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hoopeston, IL is a Studio unit found at Brook Haven Apartments priced from $525. Fowler Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable Hoopeston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brook Haven ApartmentsStudioStudio,1BA$525
Fowler Place ApartmentsFloorplan E1BR,1BA$599
Wabash Shore Apartments1BR/1.0BA1BR,1BA$699
West Liberty Point 1BRWest Liberty Point 1BR - West...1BR,1BA$725
The Verander1Br1BR,1BA$732
Townway Place1 Beds, 1 Baths1BR,1BA$800
Urbana Estates1x1Urbana Estates1BR,1BA$800
The Grove1BR1BR,1BA$816
Prairie Green Apartment Homes2 x 12BR,1BA$850
Town & Country ApartmentsKensington1BR,1BA$875

Best Value Apartments for Rent in Hoopeston, IL and Nearby

As of August 04, 2026 the best value apartment in the Hoopeston area is the $1.09 price per square foot 2 Bed 2 Bath Sm Apt Model at Devonshire Village in the starting from $1,206. The second greatest value Hoopeston apartment is the Available NOW 3bd/2bth (68') Model at Candlelight Estates starting at $1,275 with a $1.17 price per square foot . Here is today’s list of the best values for Hoopeston apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Devonshire Village2 Bed 2 Bath Sm Apt2BR,2BA$1.09
Candlelight EstatesAvailable NOW 3bd/2bth (68')3BR,2BA$1.17
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1.5BA$0.89
Prairie Green Apartment Homes2 x 12BR,1BA$1.02
Capstone QuartersTwo Bedroom Select2BR,2BA$0.80
The Grove2BR2BR,1BA$1.35
Urbana Estates1x1Urbana Estates1BR,1BA$1.22
Townway Place1 Beds, 1 Baths1BR,1BA$1.33
Fowler Place ApartmentsFloorplan E1BR,1BA$1.20
The AtriumSingle (shared common area)1BR,1BA$1.33

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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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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Best Local Schools in
Hoopeston, IL

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

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Frequently Asked Questions about Cheap Hoopeston Apartments

What is the Cheapest Studio apartment in Hoopeston?

Currently the most affordable Cheap Studio Apartment in Hoopeston is at Brook Haven Apartments listed at $525.

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

The lowest price for a Cheap One Bedroom Hoopeston Apartment is $599 at Fowler Place Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Hoopeston is starting from $800 at Brook Haven Apartments.

What is the most affordable Hoopeston Three Bedroom Apartment?

The best deal on a cheap Hoopeston Three Bedroom Apartment rental is at South Pointe Commons and starts from $930.

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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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.