Cheap Apartments for Rent near Newman, IL from $413 (48 Rentals)

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

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.

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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.

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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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Rider Place
1 to 3 Bedroom Apartments

Rider Place

9 Wills PlArcola, IL 61910
  • Utilities Included
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705 W Elm St
Studio to 4 Bedroom Apartments

705 W Elm St

705 W Elm StUrbana, IL 61801
Corporate Housing
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302 W Locust St
1 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801

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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1905 12th St
1 to 3 Bedroom Apartments

1905 12th St

1905 12th StCharleston, IL 61920
Student Housing
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211 N Central
1 Bedroom Apartments

211 N Central

211 N Central AveUrbana, IL 61801
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202 E Crockett
2 Bedroom Apartments

202 E Crockett

202 Crockett StCatlin, IL 61817
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212 W High St
1 Bedroom Apartments

212 W High St

212 W High StUrbana, IL 61801
Student Housing
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Windsor Duplexes
2 Bedroom Apartments

Windsor Duplexes

907 E Harding DrUrbana, IL 61801
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608 E Chalmers
Studio to 4 Bedroom Apartments

608 E Chalmers

608 E Chalmers StChampaign, IL 61820
Student Housing
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Parkstone Villas
1 to 2 Bedroom Apartments

Parkstone Villas

600 E FicklinTuscola, IL 61953

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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Showing Results 1-48, Page 1 of 1

Newman, IL Local Guide

Cheapest Available Newman Apartments for Rent and Nearby

 

The cheapest available apartment rental in Newman, IL is a 1 Bed unit found at Arthur Ave Apartments priced from $610. 2008 S Vawter St has the second lowest priced unit, which is a 4 Beds apartment currently listed from $800. Here is today’s list of the most affordable Newman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arthur Ave Apartments1x11BR, 1BA$610
2008 S Vawter St4 Beds4BR, 2BA$800
Kobuck Apartments1204 Wesley Ave 1bd/1ba1BR, 1BA$825
Philo Estates Apartments2BR, 1BA2BR, 1BA$825
Campus Suites1 Bed 1 Bath1BR, 1BA$830
Park Place1639, 2 bed + study2BR, 1BA$850
Urbana Estates2X1Urbana Estates2BR, 1BA$900
1304 Silver St - Newly Renovated1 Bed, 1 Bath1BR, 1BA$930
1302 Silver StFletcher St Apartments1BR, 1BA$930
Aspen CourtThe Beech1BR, 1BA$950

Best Value Apartments for Rent in Newman, IL and Nearby

As of September 22, 2026 the best value apartment in the Newman area is the $1.26 price per square foot 3 Bedroom / 2.5 Bath - Floorplan F Model at 200 Vine St starting from $2,200. The second greatest value Newman apartment is the 3 Bed 2.5 Bath Model at Panther Heights starting at $1,380 with a $0.99 price per square foot. Here is today’s list of the best values for Newman apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
200 Vine St3 Bedroom / 2.5 Bath - Floorplan F3BR, 2.5BA$1.26
Panther Heights3 Bed 2.5 Bath3BR, 2.5BA$0.99
The Millennium ApartmentsMillennium Apartments 2BR/2BA 26/27 Waiting List2BR, 2BA$0.51
Melrose on 4thMelrose Apartments 2BR/2BA 26/27 Waiting List2BR, 2BA$0.55
2008 S Vawter St3 Beds3BR, 1BA$0.97
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR, 1.5BA$0.38
Park Place1639, 2 bed + study2BR, 1BA$0.99
Urbana Estates2X1Urbana Estates2BR, 1BA$1.07
Philo Estates Apartments2BR, 1BA2BR, 1BA$1.11
Arthur Ave Apartments1x11BR, 1BA$0.97

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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Navigating 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.

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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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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 Newman, IL Rentals by Map

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Frequently Asked Questions about Cheap Newman Apartments

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

The lowest price for a Cheap One Bedroom Newman Apartment is $610 at Arthur Ave Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Newman is starting from $825 at Philo Estates Apartments.

What is the most affordable Newman Three Bedroom Apartment?

The best deal on a cheap Newman Three Bedroom Apartment rental is at Urbana Estates and starts from $1,000.

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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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.

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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.

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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.

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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.