
Cheap Homes for Rent near Hoopeston, IL from $400 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Hoopeston.


130 N Franklin St

1307 Lape St

630 South St

1206.5 Robinson St

104 E Center St
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.

2403 E Main St

5 Grace St

210 E Walnut St

629 Commercial St

17 Indiana St

1224 E Williams 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.

1135 N Jackson St

619 Harmon St

1206 Robinson St

625.5 Commercial St

708 Harmon St

21 S Beard St
Cash 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.

1212 Robinson St
Hoopeston, IL Local Guide

How much does it cost to rent a home in Hoopeston?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hoopeston 2 Bedroom Homes for Rent | $794 | $495 | $1,649 |
| Hoopeston 3 Bedroom Homes for Rent | $1,061 | $625 | $2,250 |
Browse Top Homes for Rent in Hoopeston
Explore Hoopeston
Hoopeston, IL Local Guide
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Cheapest Available Hoopeston Apartments for Rent and Nearby
 The cheapest available apartment rental in Hoopeston, IL is a 1 Bed unit found at Fowler Place Apartments priced from $599. Wabash Shore Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Hoopeston apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fowler Place Apartments | Floorplan E | 1BR,1BA | $599 |
| Wabash Shore Apartments | 1BR/1.0BA | 1BR,1BA | $699 |
| Brookhaven | 1 Bed/ 1 Bath | 1BR,1BA | $717 |
| West Liberty Point 1BR | West Liberty Point 1BR - West... | 1BR,1BA | $725 |
| Waterview Estates | 1x1Waterview Estates | 1BR,1BA | $730 |
Best Value Apartments for Rent in Hoopeston, IL and Nearby
As of July 10, 2026 the best value apartment in the Hoopeston area is the $1.23 price per square foot 3 BD 1.5 BA Duplex Model at 52 Flats in the starting from $1,599. The second greatest value Hoopeston apartment is the 3x3 Model at The Linc Apartments starting at $471 with a $0.41 price per square foot . Here is today’s list of the best values for Hoopeston apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 52 Flats | 3 BD 1.5 BA Duplex | 3BR,1.5BA | $1.23 |
| The Linc Apartments | 3x3 | 3BR,3BA | $0.41 |
| Devonshire Village | 2 Bed 2 Bath Sm Apt | 2BR,2BA | $1.09 |
| Falcon Way Townhomes | Three Bedroom Townhome | 3BR,1BA | $0.81 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| Capstone Quarters | Two Bedroom Select | 2BR,2BA | $0.80 |
| Element on Main | 2x1 | 2BR,1BA | $1.31 |
| Waterview Estates | 1x1Waterview Estates | 1BR,1BA | $1.09 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $1.22 |
| The Atrium | Single (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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Hoopeston, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hoopeston, IL Rentals by Map
See the most popular apartments and homes in Hoopeston, IL
Frequently Asked Questions about Hoopeston
What type of rentals are currently available in Hoopeston?
There are currently 49 Apartments for Rent in Hoopeston, IL with pricing that ranges from $465 to $2,700. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hoopeston ranging from $475 to $2,250.
What is the current price range for Rental Homes in Hoopeston?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hoopeston ranges from $475 to $2,250 with an average monthly rent of $721.
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

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.