Cheap Apartments for Rent in Oconee, IL from $400 (22 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 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 Article
property at 205 North St

205 North St

RaymondIL62560

Cash 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 Article
Showing Results 1-22, 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
Safe Harbor PropertiesStudioStudio,1BA$675

Best Value Apartments for Rent in Oconee, IL and Nearby

As of August 02, 2025 the best value apartment in the Oconee area is the $1.22 price per square foot Three Bedroom Model at Huntington Ridge Apartments in the starting from $1,339. 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.
Huntington Ridge ApartmentsThree Bedroom3BR,2BA$1.22
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
Timber CoveThe Whitehall2BR,1BA$0.97
721 South Grand Ave WOne Bedroom1BR,1BA$1.24
Denison PlaceOne Bedroom1BR,1BA$0.84
2474 N Florian2nd Floor2BR,1.5BA$1.19
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
Safe Harbor PropertiesStudioStudio ,1BA$1.08
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 Map
Oconee, IL Apartments Map
View Map
Oconee, 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 $870 at Timber Cove.

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 The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.