Cheap Apartments for Rent in Mansfield, IL from $400 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mansfield.

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.

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Colony Court
$1,135 - $1,285
Total Monthly Price

Total Monthly Price

Base Rent
$1,135 - $1,285
Total Monthly Price
$1,135 - $1,285
2 to 3 Bedroom Apartments Available Now

Colony Court

502 S Mattis AveChampaign, IL 61821
Pet Friendly
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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.

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Cash 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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913 W Church St.
1 Bedroom Apartments

913 W Church St.

913 W Church StChampaign, IL 61821
  • Utilities Included
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Barrington
1 Bedroom Apartments

Barrington

2541-2553 W Springfield AveChampaign, IL 61821
Corporate Housing
  • Utilities Included
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Clark Street
1 to 2 Bedroom Apartments

Clark Street

307-312 W Clark StChampaign, IL 61820
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508 W White St
1 to 3 Bedroom Apartments

508 W White St

508 W White StChampaign, IL 61820

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.

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Copper View Apartments
1 to 3 Bedroom Apartments

Copper View Apartments

2002 W Bradley AveChampaign, IL 61821
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Parkview Apartments
1 Bedroom Apartments

Parkview Apartments

412 W Church StChampaign, IL 61820
Student Housing
  • Utilities Included
Showing Results 1-48, Page 1 of 1

Mansfield, IL Local Guide

Cheapest Available Mansfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mansfield, 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 Mansfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Glen1Bdrm1BR,1BA$499
Twin Oaks2423 W. Bradley Ave1BR,1BA$800
Windcrest Apartments1 Bedroom / 1 Bathroom1BR,1BA$800
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR,1BA$845
Wellington Place1 Bedroom on the 1st floor1BR,1BA$900
Colonial VillageCharleston2BR,1BA$950
Southwest Apartments1902 Karen Ct2BR,1BA$950
Town Center Apartments2 Bedroom 1 Bath2BR,1BA$1,060
Park VistaTwo Bedroom2BR,1BA$1,075
Stonegate VillageThe Sandstone2BR,1BA$1,110

Best Value Apartments for Rent in Mansfield, IL and Nearby

As of June 14, 2026 the best value apartment in the Mansfield 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 Mansfield apartment is the Pacific-Level 2 Model at Watersedge starting at $1,750 with a $1.30 price per square foot . Here is today’s list of the best values for Mansfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Middletown Place ApartmentsJuniper2BR,2BA$1.24
WatersedgePacific-Level 23BR,2BA$1.30
Tuscany Ridge Townhomes3 Bedroom Townhome (Standard Unit)3BR,2.5BA$1.08
Prestwick Point Apartments2-Bedroom, 2-Bath Unit!2BR,2BA$1.27
Colony CourtThree Bedroom3BR,1BA$1.19
Parker Glen2 Bdrm2BR,1BA$1.29
Stonegate VillageThe Sandstone - Unique2BR,1.5BA$1.24
Town Center Apartments2 Bedroom 1 Bath2BR,1BA$1.14
Colonial VillageCharleston2BR,1BA$1.03
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR,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.

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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.

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Quick Rent Budget Calculator

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mansfield, IL Rentals by Map

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See the most popular apartments and homes in Mansfield, IL

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Frequently Asked Questions about Cheap Mansfield Apartments

How much is rent for a Cheap One Bedroom Mansfield Apartment?

The lowest price for a Cheap One Bedroom Mansfield Apartment is $499 at Parker Glen.

What is the lowest price for a Cheap Two Bedroom Mansfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mansfield is starting from $845 at Meadowview Apartments - Mahomet.

What is the most affordable Mansfield Three Bedroom Apartment?

The best deal on a cheap Mansfield 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

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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.

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.