Cheap Homes for Rent in Macon County, IL from $500 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in Macon County.

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.

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.

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.

Cheapest Available Macon County Apartments for Rent

 

The cheapest available apartment rental in Macon County, IL is a Studio unit found at Roosevelt School Apartments priced from $502. RESERVE AT LAKEVIEW has the second lowest priced unit, which is a 2 Beds apartment currently listed from $507. Here is today’s list of the most affordable Macon County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Roosevelt School ApartmentsStudioStudio,1BA$502
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$507
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$600
Timber CoveThe Yawl1BR,1BA$780
Oakwood EstatesTwo Bedroom One Bath2BR,1BA$785

Best Value Apartments for Rent in Macon County, IL

As of May 20, 2026 the best value apartment in the Macon County area is the $1.00 price per square foot 3BR/2.0BA Model at Decatur Flats Apartments in the starting from $1,299. The second greatest value Macon County apartment is the Two Bedroom One Bath Model at Oakwood Estates starting at $785 with a $0.87 price per square foot . Here is today’s list of the best values for Macon County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Decatur Flats Apartments3BR/2.0BA3BR,2BA$1.00
Oakwood EstatesTwo Bedroom One Bath2BR,1BA$0.87
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$0.60
2474 N Florian102BR,1.5BA$1.13
Timber CoveThe Yawl1BR,1BA$1.11
Stones Crossing ApartmentsVery nice and updated one bedroom for rent!!!!!1BR,1BA$1.16
730 S Main St, Unit 2730 S Main St1BR,1BA$1.00
706 W Prairie Ave706 W Prairie Ave1BR,1BA$1.18
Willow Heights1x11BR,1BA$1.97

Frequently Asked Questions about Macon County

What type of rentals are currently available in Macon County?

There are currently 93 Apartments for Rent in Macon County, IL with pricing that ranges from $421 to $1,299. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Macon County ranging from $500 to $4,000.

What is the current price range for Rental Homes in Macon County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Macon County ranges from $500 to $4,000 with an average monthly rent of $1,853.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.