759 E Lawrence St
DecaturIL62521
Cheap Homes for Rent in Lerna, IL from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lerna.
10065 Main St
StoyIL62464
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.
1205 N Madison St
RobinsonIL62454
830 E Rogers Ave
DecaturIL62521
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.
615 Harper Ave
DecaturIL62526
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Lerna, IL Local Guide
Rural Illinois riverside by Ron Frazier is licensed under CC BY 2.0
How much does it cost to rent a home in Lerna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lerna 2 Bedroom Homes for Rent | $991 | $750 | $1,800 |
| Lerna 3 Bedroom Homes for Rent | $1,071 | $695 | $1,450 |
| Lerna 4 Bedroom Homes for Rent | $900 | $900 | $900 |
| Lerna 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Lerna, IL Local Guide
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Cheapest Available Lerna Apartments for Rent and Nearby
The cheapest available apartment rental in Lerna, IL is a 1 Bed unit found at Westport Apartments priced from $484. Country Place-Moweaqua I & ll has the second lowest priced unit, which is a 1 Bed apartment currently listed from $497. Here is today’s list of the most affordable Lerna apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
Best Value Apartments for Rent in Lerna, IL and Nearby
As of June 08, 2026 the best value apartment in the Lerna area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights in the starting from $1,380. The second greatest value Lerna apartment is the 3BR/1.5BA Model at Decatur Flats Apartments starting at $1,199 with a $0.96 price per square foot . Here is today’s list of the best values for Lerna apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Panther Heights | 3 Bed 2.5 Bath | 3BR,2.5BA | $0.99 |
| Decatur Flats Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.96 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.38 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $0.60 |
| 2474 N Florian | 10 | 2BR,1.5BA | $1.13 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $0.76 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
| Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
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 Article
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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See the most popular apartments and homes in Lerna, IL
Frequently Asked Questions about Lerna
What type of rentals are currently available in Lerna?
There are currently 44 Apartments for Rent in Lerna, IL with pricing that ranges from $413 to $1,500. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lerna ranging from $695 to $3,500.
What is the current price range for Rental Homes in Lerna?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lerna ranges from $695 to $3,500 with an average monthly rent of $1,474.
How much are larger Three and Four Bedroom Rentals in Lerna?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lerna range from $641 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $1,450. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $850.
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
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.
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.
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.
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.