Cheap Apartments for Rent near Oreana, IL from $400 (32 Rentals)

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

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.

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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.

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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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Barrington
1 Bedroom Apartments

Barrington

2541-2553 W Springfield AveChampaign, IL 61821
Corporate Housing
  • Utilities Included
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Wellington Place
1 to 3 Bedroom Apartments

Wellington Place

902 Newcastle DrChampaign, IL 61822
  • Utilities Included

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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Showing Results 1-32, Page 1 of 1

Oreana, IL Local Guide

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. Country Place-Moweaqua I & ll has the second lowest priced unit, which is a 1 Bed apartment currently listed from $497. Here is today’s list of the most affordable Oreana apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lincoln Senior Flats1 Bed 1 Bath1BR,1BA$400
Country Place-Moweaqua I & ll1 Bedroom1BR,1BA$497
Roosevelt School ApartmentsStudioStudio,1BA$502
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$507
Westport ApartmentsTwo Bedroom2BR,2BA$554
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$600
Bradlee Park ApartmentsStudioStudio,1BA$650
Oakwood EstatesTwo Bedroom One Bath2BR,1BA$785
Timber CoveThe Yawl1BR,1BA$790
Twin Oaks2423 W. Bradley Ave1BR,1BA$800

Best Value Apartments for Rent in Oreana, IL and Nearby

As of September 07, 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 Two Bedroom Model at Westport Apartments starting at $554 with a $0.58 price per square foot . Here is today’s list of the best values for Oreana apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tuscany Ridge Townhomes3 Bedroom Townhome (Standard Unit)3BR,2.5BA$1.08
Westport ApartmentsTwo Bedroom2BR,2BA$0.58
Oakwood EstatesTwo Bedroom One Bath2BR,1BA$0.87
Lincoln Senior Flats2 Bed 1 Bath2BR,1BA$0.97
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$0.60
Bristol Gardens2 Bedroom2BR,1BA$1.24
2474 N Florian62BR,1.5BA$1.13
Timber CoveThe Yawl1BR,1BA$1.13
Country Place-Moweaqua I & ll1 Bedroom1BR,1BA$0.76
Stones Crossing ApartmentsVery nice and updated one bedroom for rent!!!!!1BR,1BA$1.16

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 Oreana, IL Rentals by Map

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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 Park Vista and starts from $1,100.

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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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.