
Cheap Apartments for Rent in Melvin, IL from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Melvin.


Falcon Way Townhomes

Meadowview Apartments - Mahomet

Westgate Apartments

Golfview Village

Phoenix Apartments of Pontiac

West Liberty Point
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.

Town & Country Apartments

Carisbrooke Apartments

Town Center Apartments

613 W Lincoln St
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.

1903 N Lincoln Ave

100 N Lane St

27 Winding Ln

706 N Market St
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.
Melvin, IL Local Guide

How much does it cost to rent an apartment in Melvin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melvin Studio Apartments | $700 | $625 | $775 |
| Melvin 1 Bedroom Apartments | $1,262 | $638 | $1,961 |
| Melvin 2 Bedroom Apartments | $1,356 | $740 | $2,255 |
| Melvin 3 Bedroom Apartments | $1,242 | $903 | $1,849 |
| Melvin 4 Bedroom Apartments | $1,292 | $1,040 | $1,734 |
Browse Top Apartments in Melvin
See all Apartments in MelvinExplore Melvin
Melvin, IL Local Guide
- Nearby Cities
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Cheapest Available Melvin Apartments for Rent and Nearby
 The cheapest available apartment rental in Melvin, 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 $625. Here is today’s list of the most affordable Melvin 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 | $625 |
| Falcon Way Townhomes | One Bedroom | 1BR,1BA | $661 |
| Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $800 |
| West Liberty Point | 2 Bedroom | 2BR,1BA | $800 |
Best Value Apartments for Rent in Melvin, IL and Nearby
As of November 12, 2025 the best value apartment in the Melvin area is the $0.69 price per square foot South Pointe 5bd/3.0ba Townhouse Model at South Pointe Commons in the starting from $1,204. The second greatest value Melvin apartment is the The Palmer Model at Golfview Village starting at $1,040 with a $0.63 price per square foot . Here is today’s list of the best values for Melvin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| South Pointe Commons | South Pointe 5bd/3.0ba Townhouse | 5BR,3BA | $0.69 |
| Golfview Village | The Palmer | 4BR,2.5BA | $0.63 |
| Nantucket Cove Apartments | The Cambridge | 3BR,2BA | $1.19 |
| St James Place | Three Bed | 3BR,1.5BA | $0.86 |
| Town Center Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.01 |
| Eastland Apartments | 2 Bedroom | 2BR,2BA | $1.19 |
| Park Vista | Three Bedroom (Remodeled) | 3BR,1BA | $1.16 |
| Capstone Quarters | Two Bedroom Standard | 2BR,2BA | $0.71 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| West Liberty Point | 2 Bedroom | 2BR,1BA | $1.07 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Melvin, IL Rentals by Map
See the most popular apartments and homes in Melvin, IL
Getting Around Melvin, IL
Walk Score®
3 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Melvin Apartments
How much is rent for a Cheap One Bedroom Melvin Apartment?
The lowest price for a Cheap One Bedroom Melvin Apartment is $638 at Falcon Way Townhomes.
What is the lowest price for a Cheap Two Bedroom Melvin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Melvin is starting from $800 at West Liberty Point.
What is the most affordable Melvin Three Bedroom Apartment?
The best deal on a cheap Melvin Three Bedroom Apartment rental is at Parker Glen and starts from $525.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.








