Cheap Apartments for Rent in Oconee, IL from $400 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-18, Page 1 of 1

Oconee, IL Local Guide

Cheapest Available Oconee Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oconee, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Stones Crossing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Oconee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$421
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$625
The Hickox CollectionThe HickoxStudio,1BA$628
Denison PlaceOne Bedroom1BR,1BA$675
Moundford Terrace2 Bedroom 1 Bath2BR,1BA$725

Best Value Apartments for Rent in Oconee, IL and Nearby

As of June 16, 2025 the best value apartment in the Oconee area is the $0.98 price per square foot C1 Model at Candles in the starting from $1,133. The second greatest value Oconee apartment is the Townhome Model at Ravenwood Townhomes starting at $875 with a $0.88 price per square foot . Here is today’s list of the best values for Oconee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
CandlesC13BR,2BA$0.98
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
Safe Harbor PropertiesWalk to work. Capitol View. WIFI Included.2BR,1BA$1.03
Hickory Point ApartmentsTwo Bedroom with In-Unit Washer/Dryer2BR,1BA$1.06
2474 N Florian1st Floor2BR,1.5BA$1.13
Denison PlaceOne Bedroom1BR,1BA$0.84
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
Moundford Terrace2 Bedroom 1 Bath2BR,1BA$1.06
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69
Stones Crossing ApartmentsVery nice and updated one bedroom for rent!!!!!1BR,1BA$1.16

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.

decorative image of people with a giant lease agreement

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

Explore Oconee, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Oconee, IL

View MapOconee, IL Apartments MapView MapOconee, IL Rental Homes Map

Frequently Asked Questions about Cheap Oconee Apartments

What is the Cheapest Studio apartment in Oconee?

Currently the most affordable Cheap Studio Apartment in Oconee is at The Hickox Collection listed at $628.

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

The lowest price for a Cheap One Bedroom Oconee Apartment is $421 at RESERVE AT LAKEVIEW.

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

Today's best deal for a Cheap Two Bedroom Apartment in Oconee is starting from $507 at RESERVE AT LAKEVIEW.

What is the most affordable Oconee Three Bedroom Apartment?

The best deal on a cheap Oconee Three Bedroom Apartment rental is at Candles and starts from $1,133.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.