Cheap Apartments for Rent in Lane, IL from $400 (16 Rentals)

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

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314 Mecherle
1 Bedroom Apartments

314 Mecherle

314 Mecherle DrBloomington, IL 61701
Showing Results 1-16, Page 1 of 1

Lane, IL Local Guide

Cheapest Available Lane Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lane, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Washington Senior Apartments in the Downtown Bloomington neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $548. Here is today’s list of the most affordable Lane apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$421
Washington Senior ApartmentsStudioStudio,1BA$548
Bradlee Park ApartmentsStudioStudio,1BA$595
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$625
Timber CoveThe Yawl1BR,1BA$745

Best Value Apartments for Rent in Lane, IL and Nearby

As of July 31, 2025 the best value apartment in the Lane area is the $1.17 price per square foot 3/1.5 (Remodel) Model at Hershey Clearwater Townhomes in the starting from $1,749. The second greatest value Lane apartment is the Three Bedroom/Two Bath Model at Wingover Luxury Apartments and Townhomes starting at $1,600 with a $1.23 price per square foot . Here is today’s list of the best values for Lane apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hershey Clearwater Townhomes3/1.5 (Remodel)3BR,1.5BA$1.17
Wingover Luxury Apartments and TownhomesThree Bedroom/Two Bath3BR,2BA$1.23
Danbury Court ApartmentsTwo Bedroom, Two Bath (market)2BR,2BA$1.11
Ekstam Apartments2 Beds 2 Bath2BR,2BA$1.14
Lincoln Lofts2 Bedroom2BR,2BA$1.03
2474 N Florian1st Floor2BR,1.5BA$0.94
Timber CoveThe Whitehall2BR,1BA$0.97
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR,1BA$0.99
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69
Stones Crossing ApartmentsVery nice and updated one bedroom for rent!!!!!1BR,1BA$1.16

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Location, Location, Location!

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Frequently Asked Questions about Cheap Lane Apartments

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

The lowest price for a Cheap One Bedroom Lane Apartment is $421 at RESERVE AT LAKEVIEW.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lane is starting from $810 at Meadowview Apartments - Mahomet.

What is the most affordable Lane Three Bedroom Apartment?

The best deal on a cheap Lane Three Bedroom Apartment rental is at Lincoln Lofts and starts from $1,150.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.