1920 E Wood St
DecaturIL62521
Cheap Homes for Rent in Illiopolis, IL from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Illiopolis.
759 E Lawrence St
DecaturIL62521
1753 E Clay St
DecaturIL62521
1311 E Garfield Ave
DecaturIL62526
616 New St
SpringfieldIL62704
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.
417 E Cook St
SpringfieldIL62703
619 S 5th St
SpringfieldIL62703
117 S Elder Ln
DecaturIL62522
2016 E Capitol Ave
SpringfieldIL62703
249 N 17th St
DecaturIL62521
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.
1617 E Matheny Ave
SpringfieldIL62702
Showing Results 1-11, Page 1 of 1
Illiopolis, IL Local Guide
Tall grass in the clouds by Tom Shockey is licensed under CC BY 2.0
How much does it cost to rent a home in Illiopolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Illiopolis 2 Bedroom Homes for Rent | $1,295 | $950 | $2,600 |
| Illiopolis 3 Bedroom Homes for Rent | $1,266 | $750 | $2,500 |
Browse Top Homes for Rent in Illiopolis
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Illiopolis, IL Local Guide
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Cheapest Available Illiopolis Apartments for Rent and Nearby
The cheapest available apartment rental in Illiopolis, IL is a 1 Bed unit found at Lincoln Senior Flats priced from $400. RESERVE AT LAKEVIEW has the second lowest priced unit, which is a 1 Bed apartment currently listed from $421. Here is today’s list of the most affordable Illiopolis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Senior Flats | 1 Bed 1 Bath | 1BR,1BA | $400 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
Best Value Apartments for Rent in Illiopolis, IL and Nearby
As of April 24, 2026 the best value apartment in the Illiopolis area is the $0.96 price per square foot 3BR/1.5BA Model at Decatur Flats Apartments in the starting from $1,199. The second greatest value Illiopolis apartment is the Two Bedroom (lg) Model at Koke Mill Apartments starting at $900 with a $0.95 price per square foot . Here is today’s list of the best values for Illiopolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Decatur Flats Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.96 |
| Koke Mill Apartments | Two Bedroom (lg) | 2BR,1BA | $0.95 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| 2474 N Florian | 10 | 2BR,1.5BA | $1.13 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Safe Harbor Properties | Studio | Studio ,1BA | $1.08 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
| Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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
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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Explore Illiopolis, IL Rentals by Map
See the most popular apartments and homes in Illiopolis, IL
Frequently Asked Questions about Illiopolis
What type of rentals are currently available in Illiopolis?
There are currently 46 Apartments for Rent in Illiopolis, IL with pricing that ranges from $400 to $3,400. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Illiopolis ranging from $580 to $2,600.
What is the current price range for Rental Homes in Illiopolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Illiopolis ranges from $580 to $2,600 with an average monthly rent of $1,119.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.