
Cheap Apartments for Rent in Mahomet, IL from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Mahomet.


Windcrest Apartments

605 W University Ave
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.

Westgate Apartments

Park Vista
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.

Wellington Place

1001 Francis Dr

Carisbrooke Apartments

Town Center Apartments

802 W Hill St
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.

804 W Hill St
Mahomet, IL Local Guide

How much does it cost to rent an apartment in Mahomet?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mahomet Studio Apartments | $776 | $615 | $937 |
Mahomet 1 Bedroom Apartments | $1,322 | $665 | $2,010 |
Mahomet 2 Bedroom Apartments | $1,402 | $775 | $2,255 |
Mahomet 3 Bedroom Apartments | $1,404 | $905 | $1,999 |
Mahomet 4 Bedroom Apartments | $1,816 | $1,499 | $2,450 |
Browse Top Apartments in Mahomet
See all Apartments in MahometExplore Mahomet
Mahomet, IL Local Guide
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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 $525. Windcrest Apartments in the Downtown Champaign neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $615. Here is today’s list of the most affordable Mahomet apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Parker Glen | 3 Bedroom | 3BR,2BA | $525 |
Windcrest Apartments | Studio / 1 Bathroom | Studio,1BA | $615 |
Clark Street | The Lewis | 1BR,1BA | $750 |
Barrington | 1 Bedroom | 1BR,1BA | $805 |
Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $810 |
Best Value Apartments for Rent in Mahomet, IL and Nearby
As of June 14, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Timber Wolf and Cates Crossing | Timberwolf 3x2 B | 3BR,2BA | $1.45 |
Tuscany Ridge Townhomes | 3 Bedroom Townhome (Remodeled) | 3BR,2.5BA | $1.17 |
Middletown Place Apartments | Aspen | 2BR,2BA | $1.44 |
Park Vista | Three Bedroom (Remodeled) | 3BR,1BA | $1.26 |
Lincolnshire West | 2 Bedroom Garden Premium | 2BR,1.5BA | $1.39 |
The Brickstone | 2x1 | 2BR,1BA | $1.14 |
508 W White St | 3 Bed / 1.5 Bath | 3BR,1.5BA | $1.22 |
Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $0.99 |
Stonegate Village by Royse + Brinkmeyer | The Amethyst | 1BR,1BA | $1.46 |
Barrington | 1 Bedroom | 1BR,1BA | $1.46 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mahomet, IL Rentals by Map
See the most popular apartments and homes in Mahomet, IL
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 $525.
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.

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.

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.

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.

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.