
Cheap Homes for Rent in Mahomet, IL from $1,100 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Mahomet.


505 S Duncan Rd

1621 Clover Ln

703 N Prairie View Rd, Unit Prairieview Crossing

3854 Thornhill Cir

401 1/2 W Vine St
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.

1620 W William St

1606 Oxford Dr

214 Augusta St

910 S Duncan Rd

1714 Crescent Dr

2003 Broadmoor Dr
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.
Mahomet, IL Local Guide

How much does it cost to rent a home in Mahomet?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mahomet 2 Bedroom Homes for Rent | $1,507 | $1,150 | $1,800 |
| Mahomet 3 Bedroom Homes for Rent | $1,861 | $1,295 | $2,550 |
| Mahomet 4 Bedroom Homes for Rent | $2,440 | $1,395 | $3,500 |
| Mahomet 5 Bedroom Homes for Rent | $3,033 | $2,400 | $3,500 |
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Mahomet, IL Local Guide
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Cheapest Available Mahomet Apartments for Rent
 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 $650. 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 | $650 |
| Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $800 |
| Wellington Place | 1 Bedroom on the 1st floor | 1BR,1BA | $850 |
| Park Vista | 2 Bedroom + Office | 2BR,1BA | $895 |
Best Value Apartments for Rent in Mahomet, IL
As of February 01, 2026 the best value apartment in the Mahomet area is the $1.16 price per square foot Cape Cod II Model at Baytowne Apartments in the starting from $1,525. 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. |
|---|---|---|---|
| Baytowne Apartments | Cape Cod II | 2BR,1BA | $1.16 |
| Watersedge | Pacific-Level 1 | 3BR,2BA | $1.32 |
| Solace of Mahomet | 2 bedroom/2 bath (2.0) | 2BR,2BA | $1.52 |
| 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 |
| Parker Glen | 1 Bedroom | 1BR,1BA | $1.49 |
| Wellington Place | 1 Bedroom on the 1st floor | 1BR,1BA | $1.35 |
| 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
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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.
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Frequently Asked Questions about Mahomet
What type of rentals are currently available in Mahomet?
There are currently 56 Apartments for Rent in Mahomet, IL with pricing that ranges from $525 to $3,399. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mahomet ranging from $1,150 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 $1,150 to $3,500 with an average monthly rent of $2,208.
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 $525 to $3,399, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,669.
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.