
Cheap Apartments for Rent near Oreana, IL from $400 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Oreana.


RESERVE AT LAKEVIEW

Roosevelt School Apartments

Westport Apartments

Country Place-Moweaqua I & ll

Stones Crossing Apartments

The Quarry Apartments

Woodcrest Apartment Homes

Total Monthly Price
Bradlee Park Apartments
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.

Oakwood Estates

Timber Cove

Brainard Landings

Meadowview Apartments - Mahomet

Decatur Flats Apartments

Twin Oaks

Kobuck Apartments

West Mound Apartments

Bristol Gardens
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.

Wellington Place

2474 N Florian

Prairie Hills

Southwest Apartments

Park Vista

Hickory Point Apartments

462 W Leafland Ave

821 N Oakland Ave

759 E Lawrence 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.

401 S 19th St

1719 W Olive St

1361 N 18th St

2051 N Main St

1753 E Clay St

615 Harper Ave

Barrington

2490 E Prairie St

1255 E Clay 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.

1705 E N St

1811 N Morgan St

1741 N Woodford St

2150 E Clay St

840 W Wood St

117 S Elder Ln

111 S Elder Ln

819 E Whitmer St

1829 N Martin Luther King Jr Dr
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.
Oreana, IL Local Guide

How much does it cost to rent an apartment in Oreana?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oreana Studio Apartments | $632 | $502 | $690 |
| Oreana 1 Bedroom Apartments | $993 | $400 | $2,025 |
| Oreana 2 Bedroom Apartments | $1,296 | $527 | $2,655 |
| Oreana 3 Bedroom Apartments | $1,385 | $641 | $2,099 |
Browse Top Apartments in Oreana
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Oreana, IL Local Guide
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Cheapest Available Oreana Apartments for Rent and Nearby
 The cheapest available apartment rental in Oreana, IL is a 1 Bed unit found at Lincoln Senior Flats priced from $400. Westport Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $484. Here is today’s list of the most affordable Oreana apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Senior Flats | 1 Bed 1 Bath | 1BR,1BA | $400 |
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $507 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
| Bradlee Park Apartments | Studio | Studio,1BA | $650 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $785 |
| Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $800 |
| Kobuck Apartments | 1204 Wesley Ave 1bd/1ba | 1BR,1BA | $825 |
Best Value Apartments for Rent in Oreana, IL and Nearby
As of July 23, 2026 the best value apartment in the Oreana area is the $1.08 price per square foot 3 Bedroom Townhome (Standard Unit) Model at Tuscany Ridge Townhomes in the starting from $1,375. The second greatest value Oreana apartment is the 2Bed/2Bth Model at Parkstone Villas starting at $1,350 with a $1.08 price per square foot . Here is today’s list of the best values for Oreana apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tuscany Ridge Townhomes | 3 Bedroom Townhome (Standard Unit) | 3BR,2.5BA | $1.08 |
| Parkstone Villas | 2Bed/2Bth | 2BR,2BA | $1.08 |
| Decatur Flats Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.88 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $0.60 |
| 2474 N Florian | 10 | 2BR,1.5BA | $1.13 |
| The Quarry Apartments | Rhyolite | 2BR,1BA | $1.14 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $0.76 |
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 Oreana, IL Rentals by Map
See the most popular apartments and homes in Oreana, IL
Frequently Asked Questions about Cheap Oreana Apartments
How much is rent for a Cheap One Bedroom Oreana Apartment?
The lowest price for a Cheap One Bedroom Oreana Apartment is $400 at Lincoln Senior Flats.
What is the lowest price for a Cheap Two Bedroom Oreana Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oreana is starting from $507 at RESERVE AT LAKEVIEW.
What is the most affordable Oreana Three Bedroom Apartment?
The best deal on a cheap Oreana Three Bedroom Apartment rental is at Westport Apartments and starts from $665.
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.

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.

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.