Cheap Apartments for Rent in Leonore, IL from $400 (40 Rentals)

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

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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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.

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Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614
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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
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1512 E Gardner Ln
3 Bedroom Apartments

1512 E Gardner Ln

1512 E Gardner LnPeoria Heights, IL 61616

Cash 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.

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The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included
property at 1321 Maple Dr

$800

1 Bedroom, 1 Bath Home for Rent

Available Now

1321 Maple Dr

PeruIL61354
property at 809 Calhoun St

$875

1 Bedroom, 1 Bath Home for Rent

Available Now

809 Calhoun St

PeruIL61354
property at 1320 Maple Dr

$900

2 Bedroom, 1 Bath Home for Rent

Available Now

1320 Maple Dr

PeruIL61354

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.

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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420
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1101 Cambridge Dr
2 Bedroom Apartments

1101 Cambridge Dr

1101 Cambridge DrWashington, IL 61571
  • Utilities Included

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.

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Showing Results 1-40, 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 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
Willow Knolls ApartmentsStudioStudio,1BA$750
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
103 W Railroad StStudio1BR,1BA$850
The Village on UniversityTucker at Village North1BR,1BA$880
Knoxville Manor ApartmentsLevel 21BR,1BA$900
Ironwood Gardens ApartmentsStudioStudio,1BA$919
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 June 07, 2026 the best value apartment in the Leonore area is the $1.16 price per square foot 2x2 Model at Cedar Creek Apartments in the starting from $1,395. The second greatest value Leonore apartment is the Signature 3 Bed / 2 Bath Model at The Grove Apartments starting at $1,575 with a $1.36 price per square foot in the Northmoor Knolls neighborhood. 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.
Cedar Creek Apartments2x22BR,2BA$1.16
The Grove ApartmentsSignature 3 Bed / 2 Bath3BR,2BA$1.36
Camden Hills Apartments2 Bedroom, 2 Bath2BR,2BA$1.23
811 Covey Ln1x11BR,1BA$1.33
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
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
The Village on UniversityTucker at Village North1BR,1BA$1.35
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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Quick 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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Leonore, IL Rentals by Map

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See the most popular apartments and homes in Leonore, IL

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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 $750.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.