Cheap Homes for Rent in Oglesby, IL from $500 (10 Rentals)

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property at 1016 N Maple St

$775

1 Bedroom, 1 Bath Home for Rent

Available Now

1016 N Maple St

PrincetonIL61356
property at 809 Calhoun St

$875

1 Bedroom, 1 Bath Home for Rent

Available Now

809 Calhoun St

PeruIL61354

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 118 E Canal St

$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

118 E Canal St

North UticaIL61373

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

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
Dixon River Apartments2BD/2BA2BR,1BA$775

Best Value Apartments for Rent in Oglesby, IL and Nearby

As of June 27, 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 Signature 2 Bed / 1.5 Bath Model at The Grove Apartments starting at $1,275 with a $1.32 price per square foot in the Northmoor Knolls neighborhood. 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
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
Ashbury Court2B2BR,1BA$1.30
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!

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Frequently Asked Questions about Oglesby

What type of rentals are currently available in Oglesby?

There are currently 67 Apartments for Rent in Oglesby, IL with pricing that ranges from $656 to $4,000. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oglesby ranging from $550 to $4,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oglesby ranges from $550 to $4,000 with an average monthly rent of $1,614.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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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.