
Cheap Apartments for Rent in Oglesby, IL from $400 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Oglesby.


Colonial Village

MEADOWS OF LUKE RIDGE

Dixon River Apartments

Forest Park Apartments

Total Monthly Price
129 4th St, Unit A

Winkler Village Apartments

Phoenix Apartments of Pontiac

Willow Knolls Apartments

Ashbury Court
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Cedar Crossing Apartments

Willis Senior Lofts

103 W Railroad St

The Village on University

Versailles Apartments

The Grove Apartments

Pontiac Towers

Dunlap Lakeside

The Mallard Way Rental Community

St James Place
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Westridge Apartments

Tiffany Pointe

Fox Hill Senior Living

621 Gooding St

Rock Falls Apartments

Woods + Meadow Apartments

1512 E Gardner Ln

The Grove Apartments

636 Joliet St

214 S Bloomington St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

705 Washington St

704 1/2 6th Ave

The Hillsides

415-421 W Forrest Lawn Ave

119 S Main St

501 E Cleveland St

407 6th St

705 E Timber St

Williams Street Townhomes

101 E Bannon St
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.

407 E Seminole St

826 N Spalding St

611 W Matthews St

1823 9th St

437 E Marion St, Unit 2E

605 N Monroe St

1101 Cambridge Dr

Prairie Vista Apartments

26756-21175 1175 N Ave

301 N 1st St
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.
Oglesby, IL Local Guide

How much does it cost to rent an apartment in Oglesby?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oglesby Studio Apartments | $1,211 | $700 | $1,780 |
| Oglesby 1 Bedroom Apartments | $1,471 | $675 | $2,190 |
| Oglesby 2 Bedroom Apartments | $2,007 | $670 | $2,999 |
| Oglesby 3 Bedroom Apartments | $2,441 | $757 | $4,000 |
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Oglesby, IL Local Guide
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Cheapest Available Oglesby Apartments for Rent and Nearby
 The cheapest available apartment rental in Oglesby, IL is a 1 Bed unit found at Colonial Village priced from $625. Winkler Village Apartments in the Woodford County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Oglesby apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colonial Village | 1 Bedroom | 1BR,1BA | $625 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
| Dixon River Apartments | 2BD/2BA | 2BR,1BA | $775 |
| Phoenix Apartments of Pontiac | One Bedroom Deluxe | 1BR,1BA | $795 |
| Willow Knolls Apartments | Studio / 1 Bath | Studio,1BA | $799 |
| The Village on University | King Remodel at Village North | Studio,1BA | $855 |
| The Hillsides | 1BDR | 1BR,1BA | $875 |
| The Grove Apartments | Standard 1 Bed, 1 Bath | 792 Sq Ft | 1BR,1BA | $975 |
| Pontiac Towers | 1 Bedroom | 1BR,1BA | $990 |
Best Value Apartments for Rent in Oglesby, IL and Nearby
As of August 11, 2026 the best value apartment in the Oglesby area is the $1.17 price per square foot 2BA Model at York Meadow in the in the Whispering Meadows neighborhood starting from $2,200. The second greatest value Oglesby apartment is the 2x2 Model at Cedar Creek Apartments starting at $1,395 with a $1.16 price per square foot . Here is today’s list of the best values for Oglesby apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| York Meadow | 2BA | 3BR,2BA | $1.17 |
| Cedar Creek Apartments | 2x2 | 2BR,2BA | $1.16 |
| The Grove Apartments | Signature 3 Bed, 2 Bath | 1,160 Sq Ft | 3BR,2BA | $1.36 |
| Prairie Lakes Apartments | The Christian | 2BR,1BA | $1.49 |
| The Mallard Way Rental Community | 1 bed 1 bath | 1BR,1BA | $1.22 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
| Dixon River Apartments | 2BD/2BA | 2BR,1BA | $0.92 |
| 129 4th St, Unit A | 129 4th St | 1BR,1BA | $1.00 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Colonial Village | 1 Bedroom | 1BR,1BA | $1.14 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oglesby, IL Rentals by Map
See the most popular apartments and homes in Oglesby, IL
Frequently Asked Questions about Cheap Oglesby Apartments
What is the Cheapest Studio apartment in Oglesby?
Currently the most affordable Cheap Studio Apartment in Oglesby is at Willow Knolls Apartments listed at $799.
How much is rent for a Cheap One Bedroom Oglesby Apartment?
The lowest price for a Cheap One Bedroom Oglesby Apartment is $625 at Colonial Village.
What is the lowest price for a Cheap Two Bedroom Oglesby Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oglesby is starting from $775 at Dixon River Apartments.
What is the most affordable Oglesby Three Bedroom Apartment?
The best deal on a cheap Oglesby Three Bedroom Apartment rental is at Dixon River Apartments and starts from $910.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.