
Cheap Homes for Rent in Lane, IL from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lane.


1312 E Logan St

341 S Haworth Ave

518 N Oak 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.

1363 E Johns Ave

401 S 19th St

111 S Elder Ln

117 S Elder Ln

955 N Dunham St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

290 S Maffit St

952 N Taylor Ave
Lane, IL Local Guide

How much does it cost to rent a home in Lane?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lane 2 Bedroom Homes for Rent | $1,241 | $750 | $2,695 |
Lane 3 Bedroom Homes for Rent | $1,488 | $1,065 | $2,450 |
Lane 4 Bedroom Homes for Rent | $2,631 | $2,100 | $3,400 |
Lane 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Lane
Explore Lane
Lane, IL Local Guide
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Cheapest Available Lane Apartments for Rent and Nearby
 The cheapest available apartment rental in Lane, IL is a 2 Beds unit found at RESERVE AT LAKEVIEW priced from $507. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $507 |
Washington Senior Apartments | Studio | Studio,1BA | $548 |
Bradlee Park Apartments | Studio | Studio,1BA | $595 |
Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
Arbors at Eastland | The Oak | 1BR,1BA | $789 |
Best Value Apartments for Rent in Lane, IL and Nearby
As of June 09, 2025 the best value apartment in the Lane area is the $0.93 price per square foot 2/1.5 Model at Hershey Clearwater Townhomes in the in the Downtown Normal neighborhood starting from $1,399. The second greatest value Lane apartment is the 3BR/ 1BA Model at East Douglas Apartments starting at $1,200 with a $1.00 price per square foot in the Downtown Bloomington neighborhood. Here is today’s list of the best values for Lane apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Hershey Clearwater Townhomes | 2/1.5 | 2BR,1.5BA | $0.93 |
East Douglas Apartments | 3BR/ 1BA | 3BR,1BA | $1.00 |
3 Stortz Dr | All units | 2BR,2BA | $1.17 |
Ekstam Apartments | 2 Beds 2 Bath | 2BR,2BA | $1.14 |
Currency Commons Apartments | 2B1B | 2BR,1BA | $1.25 |
RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $0.60 |
Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $0.99 |
2474 N Florian | 1st Floor | 2BR,1.5BA | $1.13 |
Prairie Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.26 |
Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Lane
What type of rentals are currently available in Lane?
There are currently 40 Apartments for Rent in Lane, IL with pricing that ranges from $548 to $9,152. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lane ranging from $550 to $4,500.
What is the current price range for Rental Homes in Lane?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lane ranges from $550 to $4,500 with an average monthly rent of $2,106.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.