
Cheap Apartments for Rent in Loda, IL from $400 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Loda.


Falcon Way Townhomes

Windcrest Apartments

Meadowview Apartments - Mahomet

Golfview Village

Prairie Green Apartment Homes
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.

Westgate Apartments

University Park

Town & Country Apartments

Element on Main

808 N Lincoln Ave. Urbana, IL

Garden Court
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.

Carisbrooke Apartments

526 E Main St

409 E Campbell Ave

1088 Eastview Dr

West Liberty Point

418 N High St
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.

1605 N Willow Rd

426 W Maple St
Loda, IL Local Guide

How much does it cost to rent an apartment in Loda?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Loda Studio Apartments | $1,052 | $650 | $1,359 |
| Loda 1 Bedroom Apartments | $1,175 | $499 | $1,739 |
| Loda 2 Bedroom Apartments | $1,298 | $736 | $2,345 |
| Loda 3 Bedroom Apartments | $1,250 | $605 | $2,035 |
| Loda 4 Bedroom Apartments | $1,268 | $635 | $2,700 |
Browse Top Apartments in Loda
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Loda, IL Local Guide
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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 $499. Windcrest Apartments in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Loda apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Glen | 1Bdrm | 1BR,1BA | $499 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $800 |
| Falcon Way Townhomes | Three Bedroom Townhome | 3BR,1BA | $802 |
| Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $845 |
| University Park | One Bedroom | 1BR,1BA | $850 |
Best Value Apartments for Rent in Loda, IL and Nearby
As of June 21, 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 Juniper Model at Middletown Place Apartments starting at $1,760 with a $1.24 price per square foot . Here is today’s list of the best values for Loda apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Middletown Place Apartments | Juniper | 2BR,2BA | $1.24 |
| Campus Circle Urbana | D1 | 4BR,4BA | $0.65 |
| The Linc Apartments | 3x3 | 3BR,3BA | $0.69 |
| Falcon Way Townhomes | Three Bedroom Townhome | 3BR,1BA | $0.73 |
| South Pointe Commons | South Pointe 3bd/1.5ba Townhouse | 3BR,1.5BA | $0.88 |
| Town Center Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.14 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| Capstone Quarters | Two Bedroom Select | 2BR,2BA | $0.80 |
| Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
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 ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Loda, IL Rentals by Map
See the most popular apartments and homes in Loda, IL
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 $499 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 $845 at Meadowview Apartments - Mahomet.
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 $802.
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

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.

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.

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.