
Cheap Homes for Rent in Loda, IL from $400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Loda.


409 E Campbell Ave

1088 Eastview Dr
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.

418 N High St

1605 N Willow Rd

426 W Maple St
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.
Loda, IL Local Guide

How much does it cost to rent a home in Loda?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Loda 2 Bedroom Homes for Rent | $1,603 | $775 | $2,325 |
| Loda 3 Bedroom Homes for Rent | $1,934 | $1,450 | $2,550 |
| Loda 4 Bedroom Homes for Rent | $2,413 | $1,715 | $2,950 |
| Loda 5 Bedroom Homes for Rent | $2,700 | $1,900 | $3,500 |
| Loda 7 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
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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 |
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!
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Frequently Asked Questions about Loda
What type of rentals are currently available in Loda?
There are currently 41 Apartments for Rent in Loda, IL with pricing that ranges from $499 to $2,700. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loda ranging from $525 to $3,500.
What is the current price range for Rental Homes in Loda?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Loda ranges from $525 to $3,500 with an average monthly rent of $1,719.
How much are larger Three and Four Bedroom Rentals in Loda?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Loda range from $605 to $2,035, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,715 and Four Bedroom Apartments start at $635.
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.