Cheap Apartments for Rent near Melvin, IL from $400 (31 Rentals)

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

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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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

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
Showing Results 1-31, Page 1 of 1

Melvin, IL Local Guide

Cheapest Available Melvin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Melvin, IL is a 1 Bed unit found at Parker Glen priced from $533. West Liberty Point 1BR has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Melvin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Glen1Bdrm1BR,1BA$533
West Liberty Point 1BRWest Liberty Point 1BR - West...1BR,1BA$725
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
Twin Oaks2423 W. Bradley Ave1BR,1BA$800
Windcrest Apartments1 Bedroom / 1 Bathroom1BR,1BA$800
Wellington Place1 Bedroom on the 1st floor1BR,1BA$900
Falcon Way TownhomesThree Bedroom Townhome3BR,1BA$920
Town & Country ApartmentsBrentwood1BR,1BA$933
Park VistaOne Bedroom1BR,1BA$975
Pontiac Towers1 Bedroom1BR,1BA$990

Best Value Apartments for Rent in Melvin, IL and Nearby

As of July 10, 2026 the best value apartment in the Melvin area is the $1.03 price per square foot The Winchester Model at Nantucket Cove Apartments in the starting from $1,709. The second greatest value Melvin 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 Melvin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nantucket Cove ApartmentsThe Winchester4BR,4BA$1.03
Tuscany Ridge Townhomes3 Bedroom Townhome (Standard Unit)3BR,2.5BA$1.08
Parker Glen3 Bdrm3BR,2BA$1.08
The Linc Apartments3x33BR,3BA$0.41
Meadowview Apartments - MahometThree Bedroom Two Bathroom3BR,2BA$0.87
Falcon Way TownhomesThree Bedroom Townhome3BR,1BA$0.81
Town Center Apartments2 Bedroom 1 Bath2BR,1BA$1.14
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
University ParkTwo Bedroom2BR,1BA$1.17
Capstone QuartersTwo Bedroom Select2BR,2BA$0.80

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

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.

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

Explore Melvin, IL Rentals by Map

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See the most popular apartments and homes in Melvin, IL

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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 $533 at Parker Glen.

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 $895 at Phoenix Apartments of Pontiac.

What is the most affordable Melvin Three Bedroom Apartment?

The best deal on a cheap Melvin Three Bedroom Apartment rental is at Falcon Way Townhomes and starts from $920.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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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.