Cheap Apartments for Rent near Leonore, IL from $400 (39 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614
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Fox Hill Senior Living
1 to 2 Bedroom Apartments

Fox Hill Senior Living

1536 Sycamore RdYorkville, IL 60560
Senior Living
  • Utilities Included
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Woods + Meadow Apartments
Studio to 1 Bedroom Apartments

Woods + Meadow Apartments

2215 W Willow Knolls DrPeoria, IL 61614
Corporate Housing
  • Utilities Included
property at 1016 N Maple St

$775

1 Bedroom, 1 Bath Home for Rent

Available Now

1016 N Maple St

PrincetonIL61356
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1512 E Gardner Ln
3 Bedroom Apartments

1512 E Gardner Ln

1512 E Gardner LnPeoria Heights, IL 61616

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included
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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420

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.

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property at 441 E Marion St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

2 Bedroom, 1 Bath Condo for Rent

Available Now

441 E Marion St, Unit 2E

441 E Marion St
PrincetonIL61356
property at 437 E Marion St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

2 Bedroom, 1 Bath Condo for Rent

Available Now

437 E Marion St, Unit 2E

437 E Marion St
PrincetonIL61356
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1101 Cambridge Dr
2 Bedroom Apartments

1101 Cambridge Dr

1101 Cambridge DrWashington, IL 61571
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Leonore, IL Local Guide

Cheapest Available Leonore Apartments for Rent and Nearby

 

The cheapest available apartment rental in Leonore, IL is a 1 Bed unit found at Colonial Village priced from $625. Winkler Village Apartments in the Woodford County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Leonore apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colonial Village1 Bedroom1BR,1BA$625
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Knoxville Manor ApartmentsLevel 21BR,1BA$775
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
Willow Knolls ApartmentsStudio / 1 BathStudio,1BA$875
Versailles ApartmentsTradition - 1BR / 1BA1BR,1BA$880
The Village on UniversityCollins at Village South1BR,1BA$895
Ironwood Gardens ApartmentsStudioStudio,1BA$926
The Grove ApartmentsStandard 1 Bed / 1 Bath1BR,1BA$975
Hillcrest Apartments2 BR / 1 BA2BR,1BA$979

Best Value Apartments for Rent in Leonore, IL and Nearby

As of July 23, 2026 the best value apartment in the Leonore area is the $1.29 price per square foot Three Bedrooms, Two Bathrooms Model at Flats at Dunlap in the in the Northmoor Knolls neighborhood starting from $1,615. The second greatest value Leonore apartment is the 2x2 Model at Cedar Creek Apartments starting at $1,395 with a $1.16 price per square foot . Here is today’s list of the best values for Leonore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Flats at DunlapThree Bedrooms, Two Bathrooms3BR,2BA$1.29
Cedar Creek Apartments2x22BR,2BA$1.16
Camden Hills Apartments2 Bedroom, 2 Bath2BR,2BA$1.23
The Mallard Way Rental Community1 bed 1 bath1BR,1BA$1.22
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.15
Versailles ApartmentsHamlet - 1BR / 1BA1BR,1BA$1.13
The Village on UniversityCollins at Village South1BR,1BA$1.24
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Colonial Village1 Bedroom1BR,1BA$1.14

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.

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Real 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Leonore, IL Rentals by Map

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Frequently Asked Questions about Cheap Leonore Apartments

What is the Cheapest Studio apartment in Leonore?

Currently the most affordable Cheap Studio Apartment in Leonore is at Willow Knolls Apartments listed at $875.

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

The lowest price for a Cheap One Bedroom Leonore Apartment is $625 at Colonial Village.

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

Today's best deal for a Cheap Two Bedroom Apartment in Leonore is starting from $895 at Phoenix Apartments of Pontiac.

What is the most affordable Leonore Three Bedroom Apartment?

The best deal on a cheap Leonore Three Bedroom Apartment rental is at The Mallard Way Rental Community and starts from $1,200.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.