1217 W Bradley Ave
ChampaignIL61821
Cheap Homes for Rent in Mahomet, IL from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Mahomet.
1008 N Mckinley Ave
ChampaignIL61821
908 W Eureka St
ChampaignIL61821
902 Kara Dr
ChampaignIL61822
922 Kara Dr
ChampaignIL61822
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.
1118 Kara Dr
ChampaignIL61822
1019 W Bradley Ave
ChampaignIL61821
1714 W Clark St
ChampaignIL61821
610 Dogwood Dr
ChampaignIL61821
307 Windwood Ct
MahometIL61853
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.
309 S Van Doren St
ChampaignIL61820
Showing Results 1-11, Page 1 of 1
Mahomet, IL Local Guide
Lake of the Woods by Dual Freq is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Mahomet?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mahomet 2 Bedroom Homes for Rent | $1,607 | $1,000 | $2,325 |
| Mahomet 3 Bedroom Homes for Rent | $2,066 | $1,395 | $3,200 |
| Mahomet 4 Bedroom Homes for Rent | $2,660 | $1,950 | $2,950 |
| Mahomet 5 Bedroom Homes for Rent | $2,800 | $2,100 | $3,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Mahomet
Explore Mahomet
Mahomet, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Mahomet Apartments for Rent
The cheapest available apartment rental in Mahomet, IL is a 1 Bed unit found at Parker Glen priced from $499. Twin Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Mahomet apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Glen | 1Bdrm | 1BR,1BA | $499 |
| Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $800 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $800 |
| Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $845 |
| Wellington Place | 1 Bedroom on the 1st floor | 1BR,1BA | $900 |
Best Value Apartments for Rent in Mahomet, IL
As of June 22, 2026 the best value apartment in the Mahomet area is the $1.24 price per square foot Juniper Model at Middletown Place Apartments in the starting from $1,760. The second greatest value Mahomet apartment is the 3 Bedroom Townhome (Standard Unit) Model at Tuscany Ridge Townhomes starting at $1,375 with a $1.08 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. |
|---|---|---|---|
| Middletown Place Apartments | Juniper | 2BR,2BA | $1.24 |
| Tuscany Ridge Townhomes | 3 Bedroom Townhome (Standard Unit) | 3BR,2.5BA | $1.08 |
| Nantucket Cove Apartments | The Erving | 3BR,3BA | $1.29 |
| Prestwick Point Apartments | 2-Bedroom, 2-Bath Unit! | 2BR,2BA | $1.27 |
| Colony Court | Three Bedroom | 3BR,1BA | $1.19 |
| Parker Glen | 2 Bdrm | 2BR,1BA | $1.29 |
| Stonegate Village | The Sandstone - Unique | 2BR,1.5BA | $1.24 |
| Town Center Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.14 |
| Colonial Village | Charleston | 2BR,1BA | $1.03 |
| Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
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.
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.
Let everyone know!
Do you know the Mahomet area?
If you’re an expert on all things Mahomet, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Mahomet
What type of rentals are currently available in Mahomet?
There are currently 65 Apartments for Rent in Mahomet, IL with pricing that ranges from $499 to $2,655. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mahomet ranging from $1,000 to $3,500.
What is the current price range for Rental Homes in Mahomet?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mahomet ranges from $1,000 to $3,500 with an average monthly rent of $2,126.
How much are larger Three and Four Bedroom Rentals in Mahomet?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mahomet range from $605 to $2,099, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,709.
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
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.