
Cheap Homes for Rent in Mahomet, IL from $925 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Mahomet.


108 N Elm St

2602 W John St

701 N Prairieview Rd, Unit 8

202 Center St

1715 W Park Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

610A English Creek Ct

306 Windwood Ct

1903 Melinda Ave

2409 Heritage Dr

810 Maplepark Dr

900 Bellepark Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2903 Natalie Dr
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 | $1,780 | $925 | $2,450 |
| Mahomet 3 Bedroom Homes for Rent | $2,096 | $1,475 | $4,000 |
| Mahomet 4 Bedroom Homes for Rent | $3,366 | $2,200 | $4,400 |
| Mahomet 5 Bedroom Homes for Rent | $2,950 | $2,400 | $3,500 |
Browse Top Homes for Rent in Mahomet
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Mahomet, IL Local Guide
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Best Value Homes for Rent in Mahomet, IL
As of September 22, 2026 the best value rental home in the Mahomet area is the $1.15 price per square foot 1306 S Roberto Rd Model at 1306 S Roberto Rd starting from $3,500. The second greatest value Mahomet rental home is the 1203 Windwood Ln Model at 1203 Windwood Ln starting at $1,750 with a $0.95 price per square foot. Here is today’s list of the best values for Mahomet homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1306 S Roberto Rd | 1306 S Roberto Rd | 4BR, 3BA | $1.15 |
| 1203 Windwood Ln | 1203 Windwood Ln | 3BR, 2.5BA | $0.95 |
| 701 N Prairieview Rd, Unit 8 | 701 N Prairieview Rd | 2BR, 2BA | $1.35 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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 64 Apartments for Rent in Mahomet, IL with pricing that ranges from $533 to $2,684. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mahomet ranging from $925 to $4,400.
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 $925 to $4,400 with an average monthly rent of $2,119.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.