Cheap Apartments for Rent in Loda, IL from $400 (21 Rentals)

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

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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West Liberty Point
1 Bedroom Apartments

West Liberty Point

1320 Mccullough StRantoul, IL 61866
  • Utilities Included
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Willow Springs
2 Bedroom Apartments

Willow Springs

1606 Willow View RdUrbana, IL 61802
Furnished
  • Utilities Included

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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Showing Results 1-21, Page 1 of 1

Loda, IL Local Guide

Cheapest Available Loda Apartments for Rent and Nearby

 

The cheapest available apartment rental in Loda, IL is a 1 Bed unit found at Parker Glen priced from $445. Falcon Way Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $708. Here is today’s list of the most affordable Loda apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Glen1Bdrm1BR,1BA$445
Falcon Way TownhomesOne Bedroom1BR,1BA$708
Windcrest Apartments1 Bedroom / 1 Bathroom1BR,1BA$800
Golfview VillageThe McGavin3BR,1BA$830
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR,1BA$845

Best Value Apartments for Rent in Loda, IL and Nearby

As of May 07, 2026 the best value apartment in the Loda area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Loda apartment is the The McGavin Model at Golfview Village starting at $830 with a $0.70 price per square foot . Here is today’s list of the best values for Loda apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1.07
Golfview VillageThe McGavin3BR,1.5BA$0.70
Prairie Green Apartment Homes3 x 23BR,2BA$1.03
The Linc Apartments2x22BR,2BA$0.88
Town Center Apartments2 Bedroom 1 Bath2BR,1BA$1.14
University ParkTwo Bedroom2BR,1BA$1.17
Capstone QuartersTwo Bedroom Select2BR,2BA$0.80
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR,1BA$1.03
808 N Lincoln Ave. Urbana, IL2 Bed / 1 Bath2BR,1BA$1.24
Town & Country ApartmentsKensington1BR,1BA$1.15

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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Location, Location, Location!

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Frequently Asked Questions about Cheap Loda Apartments

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

The lowest price for a Cheap One Bedroom Loda Apartment is $445 at Parker Glen.

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

Today's best deal for a Cheap Two Bedroom Apartment in Loda is starting from $769 at Falcon Way Townhomes.

What is the most affordable Loda Three Bedroom Apartment?

The best deal on a cheap Loda Three Bedroom Apartment rental is at Falcon Way Townhomes and starts from $787.

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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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.