Cheap Apartments for Rent in Mahomet, IL from $600 (21 Rentals)

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Lake of the Woods
2 Bedroom Apartments

Lake of the Woods

307 N Prairie View RdMahomet, IL 61853
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Parker Glen
2 to 3 Bedroom Apartments

Parker Glen

2501 N Neil StChampaign, IL 61820

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-21, Page 1 of 1

Mahomet, IL Local Guide

Cheapest Available Mahomet Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mahomet, IL is a 3 Beds unit found at Parker Glen priced from $680. Clark Street in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Mahomet apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Glen3 Bedroom3BR,2BA$680
Clark StreetThe Lewis1BR,1BA$750
Windcrest Apartments1 Bedroom / 1 Bathroom1BR,1BA$750
Twin Oaks2423 W. Bradley Ave1BR,1BA$800
Barrington1 Bedroom1BR,1BA$805

Best Value Apartments for Rent in Mahomet, IL and Nearby

As of July 24, 2025 the best value apartment in the Mahomet area is the $1.45 price per square foot Timberwolf 3x2 B Model at Timber Wolf and Cates Crossing in the starting from $1,915. The second greatest value Mahomet apartment is the 3 Bedroom Townhome (Remodeled) Model at Tuscany Ridge Townhomes starting at $1,495 with a $1.17 price per square foot . Here is today’s list of the best values for Mahomet apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Timber Wolf and Cates CrossingTimberwolf 3x2 B3BR,2BA$1.45
Tuscany Ridge Townhomes3 Bedroom Townhome (Remodeled)3BR,2.5BA$1.17
Middletown Place ApartmentsBirch2BR,2BA$1.35
Parker Glen2 Bedroom2BR,1BA$1.29
Stonegate Village by Royse + BrinkmeyerThe Sandstone- Remodeled2BR,1.5BA$1.41
Park VistaThree Bedroom (Remodeled)3BR,1BA$1.16
Town Center Apartments2 Bedroom 1 Bath2BR,1BA$0.97
The Brickstone2x12BR,1BA$1.14
Twin Oaks2423 W. Bradley Ave1BR,1BA$1.45
Windcrest Apartments1 Bedroom / 1 Bathroom1BR,1BA$1.39

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Getting Around Mahomet, IL

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Mahomet Apartments

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

The lowest price for a Cheap One Bedroom Mahomet Apartment is $750 at Clark Street.

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

Today's best deal for a Cheap Two Bedroom Apartment in Mahomet is starting from $755 at Clark Street.

What is the most affordable Mahomet Three Bedroom Apartment?

The best deal on a cheap Mahomet Three Bedroom Apartment rental is at Parker Glen and starts from $680.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.