Cheap Apartments for Rent in Oglesby, IL from $400 (50 Rentals)

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Search the lowest-cost Apartments available for rent right now in Oglesby.

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.

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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.

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Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614
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Rock Falls Apartments
Studio to 2 Bedroom Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
  • Utilities Included
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Woods + Meadow Apartments
Studio to 1 Bedroom Apartments

Woods + Meadow Apartments

2215 W Willow Knolls DrPeoria, IL 61614
Corporate Housing
  • Utilities Included
property at 1016 N Maple St

$775

1 Bedroom, 1 Bath Home for Rent

Available Now

1016 N Maple St

PrincetonIL61356

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.

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1512 E Gardner Ln
3 Bedroom Apartments

1512 E Gardner Ln

1512 E Gardner LnPeoria Heights, IL 61616
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The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included
property at 1321 Maple Dr

$800

1 Bedroom, 1 Bath Home for Rent

Available Now

1321 Maple Dr

PeruIL61354
property at 809 Calhoun St

$875

1 Bedroom, 1 Bath Home for Rent

Available Now

809 Calhoun St

PeruIL61354
property at 1320 Maple Dr

$900

2 Bedroom, 1 Bath Home for Rent

Available Now

1320 Maple Dr

PeruIL61354

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.

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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420
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1101 Cambridge Dr
2 Bedroom Apartments

1101 Cambridge Dr

1101 Cambridge DrWashington, IL 61571
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 1

Oglesby, IL Local Guide

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 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 ListingModel NameBed/BathPriced From
Colonial Village1 Bedroom1BR,1BA$625
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Willow Knolls ApartmentsStudioStudio,1BA$750
MEADOWS OF LUKE RIDGE3 BED 1 BATH3BR,1BA$757
Dixon River Apartments2BD/2BA2BR,1BA$775
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
Versailles ApartmentsTradition - 1BR / 1BA1BR,1BA$880
The Village on UniversityTucker Remodel Garden Level1BR,1BA$955
Pontiac Towers1 Bedroom1BR,1BA$990
The Mallard Way Rental Community2 bed 2 bath2BR,2BA$1,100

Best Value Apartments for Rent in Oglesby, IL and Nearby

As of June 16, 2026 the best value apartment in the Oglesby area is the $1.16 price per square foot 2x2 Model at Cedar Creek Apartments in the starting from $1,395. The second greatest value Oglesby apartment is the 3 BED 1 BATH Model at MEADOWS OF LUKE RIDGE starting at $757 with a $0.67 price per square foot . Here is today’s list of the best values for Oglesby apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar Creek Apartments2x22BR,2BA$1.16
MEADOWS OF LUKE RIDGE3 BED 1 BATH3BR,1BA$0.67
The Grove ApartmentsSignature 2 Bed / 1.5 Bath2BR,1.5BA$1.32
811 Covey Ln1x11BR,1BA$1.33
The Mallard Way Rental Community1 bed 1 bath1BR,1BA$1.22
Phoenix Apartments of Pontiac2 Bedroom 1 Bathroom2BR,1BA$1.05
Dixon River Apartments2BD/2BA2BR,1BA$0.92
Versailles ApartmentsTradition - 1BR / 1BA1BR,1BA$1.13
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Colonial Village1 Bedroom1BR,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.

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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

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.

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

Explore Oglesby, IL Rentals by Map

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See the most popular apartments and homes in Oglesby, IL

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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 $750.

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 MEADOWS OF LUKE RIDGE and starts from $757.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.