Cheap Homes for Rent in Oconee, IL from $500 (16 Rentals)

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property at 205 North St

205 North St

RaymondIL62560

Oconee, IL Local Guide

Cheapest Available Oconee Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oconee, IL is a 2 Beds unit found at Capitol Pointe priced from $400. RESERVE AT LAKEVIEW has the second lowest priced unit, which is a 1 Bed apartment currently listed from $421. Here is today’s list of the most affordable Oconee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Capitol Pointe2 Beds, 1 bath2BR,1BA$400
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$421
Roosevelt School Apartments1 Bedroom1BR,1BA$461
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$625
Mounford Terrace1 Bedroom 1 Bath1BR,1BA$655

Best Value Apartments for Rent in Oconee, IL and Nearby

As of October 27, 2025 the best value apartment in the Oconee area is the $0.76 price per square foot The Harbor Town Model at Timber Cove in the starting from $915. 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.
Timber CoveThe Harbor Town2BR,1BA$0.76
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
Orchard Park2 Bedroom 1 Bath South2BR,1BA$0.99
Safe Harbor PropertiesDowntown1BR,1BA$1.03
509 Charleston Ave2 Bed 1 Bath2BR,1BA$0.91
Decatur Flats Apartments2BR/1.0BA2BR,1BA$0.92
Capitol Pointe2 Beds, 1 bath2BR,1BA$0.52
Roosevelt School Apartments1 Bedroom1BR,1BA$0.61
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69

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Location, Location, Location!

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Frequently Asked Questions about Oconee

What type of rentals are currently available in Oconee?

There are currently 40 Apartments for Rent in Oconee, IL with pricing that ranges from $400 to $3,000. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oconee ranging from $599 to $3,000.

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 $599 to $3,000 with an average monthly rent of $1,441.

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 Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.