
Cheap Homes for Rent in Indianola, IL from $400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Indianola.


219 Pine 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.

7 E Owen St

931 Baldwin 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.

28 S Virginia Ave
Indianola, IL Local Guide

How much does it cost to rent a home in Indianola?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianola 2 Bedroom Homes for Rent | $725 | $500 | $850 |
| Indianola 3 Bedroom Homes for Rent | $838 | $500 | $1,300 |
Browse Top Homes for Rent in Indianola
Explore Indianola
Indianola, IL Local Guide
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Cheapest Available Indianola Apartments for Rent and Nearby
 The cheapest available apartment rental in Indianola, IL is a Studio unit found at Brookhaven priced from $525. Brunswick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Indianola apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookhaven | Studio | Studio,1BA | $525 |
| Brunswick Apartments | Studio | Studio,1BA | $625 |
| Town & Country Apartments | Kensington | 1BR,1BA | $749 |
Best Value Apartments for Rent in Indianola, IL and Nearby
As of November 17, 2025 the best value apartment in the Indianola area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Indianola apartment is the 2 Bed 2 Bath Private Entry Model at Devonshire Village starting at $1,450 with a $1.21 price per square foot . Here is today’s list of the best values for Indianola apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Devonshire Village | 2 Bed 2 Bath Private Entry | 2BR,2BA | $1.21 |
| Eastland Apartments | 2 Bedroom | 2BR,2BA | $1.19 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.65 |
| Parkside | 2 Bedroom 1 Bath 850 Premium Upgrade | 2BR,1BA | $1.42 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| Prairie Green Apartment Homes | 2 Bed 1 Bath | 2BR,1BA | $1.19 |
| The Grove | 2BR | 2BR,1BA | $1.30 |
| Townway Place | 1 Beds, 1 Baths | 1BR,1BA | $1.42 |
| Town & Country Apartments | Danbury | 1BR,1BA | $1.39 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Indianola, IL Rentals by Map
See the most popular apartments and homes in Indianola, IL
Frequently Asked Questions about Indianola
What type of rentals are currently available in Indianola?
There are currently 45 Apartments for Rent in Indianola, IL with pricing that ranges from $518 to $2,000. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianola ranging from $475 to $1,300.
What is the current price range for Rental Homes in Indianola?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Indianola ranges from $475 to $1,300 with an average monthly rent of $679.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.