
Cheap Apartments for Rent in Neoga, IL from $300 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Neoga.


RESERVE AT LAKEVIEW

Roosevelt School Apartments

Westport Apartments

Coles Crossing Apartments

Stones Crossing Apartments

Southern Meadows Senior Living

OldeTowne Apartments
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.

Woodcrest Apartment Homes

Capitol Pointe Apartments

Timber Cove

Oakwood Estates

616 S 6th St

Decatur Flats Apartments

Woodfall Villas

Elmdale Apartments
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.

Hickory Point Apartments

West Mound Apartments

Campus Suites

Park Place

Royal Heights

6th St Apartments

406 N Lincoln St

2474 N Florian
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.

Indian Trail Apartments

Rider Place

Sugar Creek Crossing

1920 E Wood St

Newton Senior Housing

Arthur Ave Apartments

1520 Main St

Cougill Senior Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

600 Marshall Ave

10065 Main St

759 E Lawrence St

1753 E Clay St

509 Charleston Ave

1311 E Garfield Ave

205 S Walters St

913 N Taylorville Blvd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Neoga, IL Local Guide

How much does it cost to rent an apartment in Neoga?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Neoga Studio Apartments | $640 | $502 | $699 |
| Neoga 1 Bedroom Apartments | $740 | $413 | $995 |
| Neoga 2 Bedroom Apartments | $957 | $507 | $2,600 |
| Neoga 3 Bedroom Apartments | $1,021 | $641 | $1,500 |
| Neoga 4 Bedroom Apartments | $1,050 | $850 | $1,250 |
Browse Top Apartments in Neoga
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Neoga, IL Local Guide
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Cheapest Available Neoga Apartments for Rent and Nearby
 The cheapest available apartment rental in Neoga, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Westport Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $484. Here is today’s list of the most affordable Neoga apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
| OldeTowne Apartments | 1 Bed/1 Bath | 1BR,1BA | $629 |
| 616 S 6th St | 0/1 | Studio,1BA | $699 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $785 |
| Elmdale Apartments | 1 bed 1 bath | 1BR,1BA | $800 |
| Campus Suites | 1 Bed 1 Bath | 1BR,1BA | $830 |
| Southern Meadows Senior Living | 2 Bed Apt | 2BR,2BA | $850 |
Best Value Apartments for Rent in Neoga, IL and Nearby
As of April 29, 2026 the best value apartment in the Neoga area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights in the starting from $1,380. The second greatest value Neoga apartment is the 3BR/1.5BA Model at Decatur Flats Apartments starting at $1,199 with a $0.92 price per square foot . Here is today’s list of the best values for Neoga apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Panther Heights | 3 Bed 2.5 Bath | 3BR,2.5BA | $0.99 |
| Decatur Flats Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.92 |
| Lake Land Living | 3 Bedroom 1 baths | 3BR,1BA | $0.47 |
| The Courtyard | 3 Bed 1 Bath | 3BR,1BA | $1.27 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| 2474 N Florian | 10 | 2BR,1.5BA | $1.13 |
| Southern Meadows Senior Living | 2 Bed Apt | 2BR,2BA | $1.09 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
| Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 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.
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 Neoga, IL Rentals by Map
See the most popular apartments and homes in Neoga, IL
Frequently Asked Questions about Cheap Neoga Apartments
How much is rent for a Cheap One Bedroom Neoga Apartment?
The lowest price for a Cheap One Bedroom Neoga Apartment is $421 at RESERVE AT LAKEVIEW.
What is the lowest price for a Cheap Two Bedroom Neoga Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Neoga is starting from $579 at Westport Apartments.
What is the most affordable Neoga Three Bedroom Apartment?
The best deal on a cheap Neoga Three Bedroom Apartment rental is at Westport Apartments and starts from $665.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.