
Cheap Apartments for Rent in Mahomet, IL from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Mahomet.


Lake of the Woods

Wood River Terrace Apartments

Windcrest Apartments

Westgate Apartments

Twin Oaks
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.

Carisbrooke Apartments

Wellington Place

Garden Court

Park Vista

Tuscany Ridge Townhomes

The Brickstone
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.

511 W University Ave

913 W Church St

605 W University Ave

Barrington

Clark Street Apartments by Royse + Brinkmeyer

508 W White St
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.
Mahomet, IL Local Guide

How much does it cost to rent an apartment in Mahomet?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Mahomet Studio Apartments | $905 | $650 | $1,250 |
| Cheap Mahomet 1 Bedroom Apartments | $1,352 | $725 | $2,005 |
| Cheap Mahomet 2 Bedroom Apartments | $1,536 | $845 | $3,199 |
| Cheap Mahomet 3 Bedroom Apartments | $2,323 | $960 | $3,399 |
| Cheap Mahomet 4 Bedroom Apartments | $1,809 | $1,704 | $1,914 |
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
 The cheapest available apartment rental in Mahomet, IL is a Studio unit found at Windcrest Apartments in the Downtown Champaign neighborhood priced from $650. Park Vista has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here is today’s list of the most affordable Mahomet apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windcrest Apartments | Studio / 1 Bathroom | Studio,1BA | $650 |
| Park Vista | 2 Bedroom + Office | 2BR,1BA | $895 |
| Meadowview Apartments - Mahomet | Three Bedroom Two Bathroom | 3BR,2BA | $960 |
| The Quarters | 1x1 | 1BR,1BA | $1,050 |
| Town Center Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1,060 |
Best Value Apartments for Rent in Mahomet, IL
As of January 25, 2026 the best value apartment in the Mahomet area is the $0.70 price per square foot 3 Bedroom 1893 sf Model at Wellington Place in the starting from $1,330. The second greatest value Mahomet apartment is the Pacific-Level 1 Model at Watersedge starting at $1,700 with a $1.32 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. |
|---|---|---|---|
| Wellington Place | 3 Bedroom 1893 sf | 3BR,1.5BA | $0.70 |
| Watersedge | Pacific-Level 1 | 3BR,2BA | $1.32 |
| Nantucket Cove Apartments | The Cambridge | 3BR,2BA | $1.24 |
| Meadowview Apartments - Mahomet | Three Bedroom Two Bathroom | 3BR,2BA | $0.87 |
| Parker Glen | 2 Bedroom | 2BR,1BA | $1.29 |
| Stonegate Village by Royse + Brinkmeyer | The Sandstone- Remodeled | 2BR,1.5BA | $1.25 |
| Park Vista | Three Bedroom (Remodeled) | 3BR,1BA | $1.16 |
| Town Center Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.14 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1.38 |
| Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $1.45 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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!
Explore Mahomet, IL Rentals by Map
See the most popular apartments and homes in Mahomet, IL
Frequently Asked Questions about Cheap Mahomet Apartments
What is the Cheapest Studio apartment in Mahomet?
Currently the most affordable Cheap Studio Apartment in Mahomet is at Windcrest Apartments listed at $650.
How much is rent for a Cheap One Bedroom Mahomet Apartment?
The lowest price for a Cheap One Bedroom Mahomet Apartment is $800 at Twin Oaks.
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 $895 at Park Vista.
What is the most affordable Mahomet Three Bedroom Apartment?
The best deal on a cheap Mahomet Three Bedroom Apartment rental is at Meadowview Apartments - Mahomet and starts from $960.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.