Cheap Homes for Rent in Oconee, IL from $600 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

property at 205 North St

205 North St

RaymondIL62560

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

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.

Read Article
Showing Results 1-16, 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. The Hickcox Collection in the Downtown Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $607. 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
The Hickcox CollectionThe HickoxStudio,1BA$607
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$625
Denison PlaceOne Bedroom1BR,1BA$675
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$799

Best Value Apartments for Rent in Oconee, IL and Nearby

As of June 03, 2025 the best value apartment in the Oconee area is the $0.99 price per square foot C1 Model at Candles in the starting from $1,148. The second greatest value Oconee apartment is the 2 Bedroom/1 Bath Large Model at Meadow View Landing starting at $1,200 with a $1.15 price per square foot in the Downtown Springfield neighborhood. 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$0.99
Meadow View Landing2 Bedroom/1 Bath Large2BR,1BA$1.15
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
Safe Harbor PropertiesWalk to work. Capitol View. WIFI Included.2BR,1BA$1.03
Huntington Ridge ApartmentsTwo Bedroom2BR,1BA$1.10
Denison PlaceOne Bedroom1BR,1BA$0.84
2474 N Florian1st Floor2BR,1.5BA$1.13
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
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

Frequently Asked Questions about Oconee

What type of rentals are currently available in Oconee?

There are currently 36 Apartments for Rent in Oconee, IL with pricing that ranges from $507 to $1,752. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oconee ranging from $675 to $2,795.

What is the current price range for Rental Homes in Oconee?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oconee ranges from $675 to $2,795 with an average monthly rent of $1,281.

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 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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.