
Cheap Homes for Rent near Niantic, IL from $575 (25 Rentals)
Search the lowest-cost Homes available for rent right now in Niantic.


1923 N Church St

1764 N Oakland Ave

290 S Maffit St

1312 E Olive St

401 S 19th St
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.

442 W Division St

1361 N 18th St

1719 W Olive St

913 N Taylorville Blvd

1753 E Clay St

615 Harper Ave
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.

327 E Stuart Ave

305 W Vine St

2490 E Prairie St

461 E Garfield Ave

1255 E Clay St

1439 N Jasper St
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.

1105 S Jasper St

1963 N 31st St

1746 N Woodford St

462 W Leafland Ave

1828 E Main St

840 W Wood St
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.

812 E Cantrell St
Niantic, IL Local Guide

How much does it cost to rent a home in Niantic?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Niantic 2 Bedroom Homes for Rent | $952 | $575 | $2,000 |
| Niantic 3 Bedroom Homes for Rent | $1,117 | $725 | $2,000 |
| Niantic 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
| Niantic 5 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Top Homes for Rent in Niantic
Explore Niantic
Niantic, IL Local Guide
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Cheapest Available Niantic Apartments for Rent and Nearby
 The cheapest available apartment rental in Niantic, IL is a 1 Bed unit found at Lincoln Senior Flats priced from $400. Country Place-Moweaqua I & ll has the second lowest priced unit, which is a 1 Bed apartment currently listed from $497. Here is today’s list of the most affordable Niantic apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Senior Flats | 1 Bed 1 Bath | 1BR,1BA | $400 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $507 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
Best Value Apartments for Rent in Niantic, IL and Nearby
As of August 29, 2026 the best value apartment in the Niantic area is the $0.90 price per square foot Townhome Model at Ravenwood Townhomes in the starting from $895. The second greatest value Niantic apartment is the 2 Bedroom 1 Bath South Model at Orchard Park starting at $1,050 with a $1.06 price per square foot . Here is today’s list of the best values for Niantic apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.90 |
| Orchard Park | 2 Bedroom 1 Bath South | 2BR,1BA | $1.06 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| Safe Harbor Properties | 2 Bdr 1 Bath with Balcony. Capitol View. | 2BR,1BA | $1.08 |
| Meadow View Landing | 2 Bedroom/1 Bath | 2BR,1BA | $1.12 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $0.60 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $0.76 |
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 ArticleReal 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.
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 Niantic, IL Rentals by Map
See the most popular apartments and homes in Niantic, IL
Frequently Asked Questions about Niantic
What type of rentals are currently available in Niantic?
There are currently 50 Apartments for Rent in Niantic, IL with pricing that ranges from $400 to $2,145. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Niantic ranging from $575 to $2,500.
What is the current price range for Rental Homes in Niantic?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Niantic ranges from $575 to $2,500 with an average monthly rent of $1,004.
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

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.