1363 E Johns Ave
DecaturIL62521
Cheap Homes for Rent near Lovington, IL from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Lovington.
759 E Lawrence St
DecaturIL62521
401 S 19th St
DecaturIL62521
821 N Oakland Ave
DecaturIL62522
1719 W Olive St
DecaturIL62526
615 Harper Ave
DecaturIL62526
2490 E Prairie St
DecaturIL62521
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.
1966 N Lowber St
DecaturIL62526
117 S Elder Ln
DecaturIL62522
111 S Elder Ln
DecaturIL62522
545 W William St
DecaturIL62522
462 W Leafland Ave
DecaturIL62522
249 N 17th St
DecaturIL62521
1901 Nancy Ct
ChampaignIL61822
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.
Showing Results 1-14, Page 1 of 1
Lovington, IL Local Guide
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How much does it cost to rent a home in Lovington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lovington 2 Bedroom Homes for Rent | $1,008 | $575 | $1,800 |
| Lovington 3 Bedroom Homes for Rent | $2,263 | $595 | $4,500 |
| Lovington 4 Bedroom Homes for Rent | $2,433 | $1,350 | $3,450 |
| Lovington 5 Bedroom Homes for Rent | $2,883 | $1,300 | $3,850 |
| Lovington 6 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Top Homes for Rent in Lovington
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Lovington, IL Local Guide
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Cheapest Available Lovington Apartments for Rent and Nearby
The cheapest available apartment rental in Lovington, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Westport Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $484. Here is today’s list of the most affordable Lovington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
Best Value Apartments for Rent in Lovington, IL and Nearby
As of July 11, 2026 the best value apartment in the Lovington 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 Lovington apartment is the 2Bed/2Bth Model at Parkstone Villas starting at $1,350 with a $1.08 price per square foot . Here is today’s list of the best values for Lovington 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 |
| Parkstone Villas | 2Bed/2Bth | 2BR,2BA | $1.08 |
| 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 |
| 2474 N Florian | 10 | 2BR,1.5BA | $1.13 |
| Decatur Flats Apartments | 1 bed 1 bath Renovated | 1BR,1BA | $1.14 |
| 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 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
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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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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Explore Lovington, IL Rentals by Map
See the most popular apartments and homes in Lovington, IL
Frequently Asked Questions about Lovington
What type of rentals are currently available in Lovington?
There are currently 49 Apartments for Rent in Lovington, IL with pricing that ranges from $413 to $2,655. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lovington ranging from $575 to $4,500.
What is the current price range for Rental Homes in Lovington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lovington ranges from $575 to $4,500 with an average monthly rent of $2,123.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
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.