
Cheap Homes for Rent in Newman, IL from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Newman.


710 Mill St

604 S Main St

210 E 11th St
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.

2008 Vawter St

310 E Vine St

405 N Church St

412 Taylor Ave
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.
Newman, IL Local Guide

How much does it cost to rent a home in Newman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Newman 2 Bedroom Homes for Rent | $1,130 | $523 | $1,750 |
| Newman 3 Bedroom Homes for Rent | $1,793 | $1,050 | $2,935 |
| Newman 4 Bedroom Homes for Rent | $2,293 | $1,700 | $2,975 |
| Newman 5 Bedroom Homes for Rent | $3,850 | $3,850 | $3,850 |
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Newman, IL Local Guide
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Cheapest Available Newman Apartments for Rent and Nearby
 The cheapest available apartment rental in Newman, IL is a 1 Bed unit found at Rider Place priced from $500. OldeTowne Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $629. Here is today’s list of the most affordable Newman apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rider Place | 1 Bedroom | 1BR,1BA | $500 |
| OldeTowne Apartments | 1 Bed/1 Bath | 1BR,1BA | $629 |
| 1905 12th St | 1BDR | 1BR,1BA | $650 |
Best Value Apartments for Rent in Newman, IL and Nearby
As of January 30, 2026 the best value apartment in the Newman area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Panther Heights | 3 Bed 2.5 Bath | 3BR,2.5BA | $0.99 |
| 608 E Chalmers | Fall lease, four bed four bath apartment in Qua... | 4BR,4BA | $0.80 |
| Parkstone Villas | 2Bed/2Bth | 2BR,2BA | $1.00 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.95 |
| 2219 9th St | 2 Bed / 2 Bath | 2BR,2BA | $1.35 |
| Prairie Green Apartment Homes | 2 Bed 1 Bath | 2BR,1BA | $1.19 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $1.22 |
| Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
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.
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
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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 Newman
What type of rentals are currently available in Newman?
There are currently 46 Apartments for Rent in Newman, IL with pricing that ranges from $413 to $2,600. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newman ranging from $500 to $3,850.
What is the current price range for Rental Homes in Newman?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Newman ranges from $500 to $3,850 with an average monthly rent of $1,844.
How much are larger Three and Four Bedroom Rentals in Newman?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Newman range from $675 to $1,582, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,935. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,529.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.