Cheap Homes for Rent in Odell, IL from $500 (7 Rentals)

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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.

property at 918 6th St

$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

918 6th St

La SalleIL61301

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Odell, IL Local Guide

Cheapest Available Odell Apartments for Rent and Nearby

 

The cheapest available apartment rental in Odell, IL is a 1 Bed unit found at Phoenix Apartments of Pontiac priced from $795. CollegePlace Uptown in the Downtown Normal neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $845. Here is today’s list of the most affordable Odell apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
CollegePlace Uptown2BR/1BA2BR,1BA$845
Parkway Court Apartments1 bedroom/1 bath apartment1BR,1BA$900

Best Value Apartments for Rent in Odell, IL and Nearby

As of May 23, 2026 the best value apartment in the Odell area is the $0.95 price per square foot Oakbrook Model at BayOak in the starting from $1,113. The second greatest value Odell apartment is the 2 Beds 2 Bath Model at Ekstam Apartments starting at $1,250 with a $1.14 price per square foot in the Oakridge neighborhood. Here is today’s list of the best values for Odell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
BayOakOakbrook2BR,2BA$0.95
Ekstam Apartments2 Beds 2 Bath2BR,2BA$1.14
Harvest View2/2 First Floor2BR,2BA$1.21
Rainbow Circle Apartments2/22BR,2BA$1.23
Lincoln Square Apartments2 Bedroom 1.5 Bath Townhouse.2BR,1.5BA$1.07
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.79
811 Covey Ln1x11BR,1BA$1.33
Pinecrest ApartmentsValley - 2BR / 1.5BA Townhome2BR,1.5BA$1.26
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
Briarwood II2BR Bay Window with Updated Cabinets and Luxury...2BR,1BA$1.37

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.

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Real 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.

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Quick Rent Budget Calculator

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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.

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

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Frequently Asked Questions about Odell

What type of rentals are currently available in Odell?

There are currently 48 Apartments for Rent in Odell, IL with pricing that ranges from $659 to $3,238. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Odell ranging from $550 to $3,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Odell ranges from $550 to $3,500 with an average monthly rent of $1,957.

How much are larger Three and Four Bedroom Rentals in Odell?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Odell range from $798 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $659.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.