759 E Lawrence St
DecaturIL62521
Cheap Homes for Rent in Oreana, IL from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Oreana.
830 E Rogers Ave
DecaturIL62521
1311 E Garfield Ave
DecaturIL62526
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.
1363 E Johns Ave
DecaturIL62521
1091 N Oakcrest Ave.
DecaturIL62522
117 S Elder Ln
DecaturIL62522
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.
249 N 17th St
DecaturIL62521
Showing Results 1-7, Page 1 of 1
Oreana, IL Local Guide
Lake Decatur by BluEyedA73 is licensed under CC BY 2.0
How much does it cost to rent a home in Oreana?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oreana 2 Bedroom Homes for Rent | $1,601 | $845 | $2,325 |
| Oreana 3 Bedroom Homes for Rent | $1,749 | $695 | $3,200 |
| Oreana 4 Bedroom Homes for Rent | $2,480 | $1,990 | $2,725 |
| Oreana 5 Bedroom Homes for Rent | $3,850 | $3,850 | $3,850 |
| Oreana 6 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Top Homes for Rent 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. RESERVE AT LAKEVIEW has the second lowest priced unit, which is a 1 Bed apartment currently listed from $421. 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 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
Best Value Apartments for Rent in Oreana, IL and Nearby
As of May 08, 2026 the best value apartment in the Oreana area is the $0.96 price per square foot 3BR/1.5BA Model at Decatur Flats Apartments in the starting from $1,199. The second greatest value Oreana apartment is the 2517 Leeper Dr Model at Southwest Apartments starting at $1,200 with a $1.00 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. |
|---|---|---|---|
| Decatur Flats Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.96 |
| Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
| The Cove At Boulder Ridge | 2 bedroom 2 bath | 2BR,2BA | $1.09 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
| 2474 N Florian | 10 | 2BR,1.5BA | $1.13 |
| The Quarry Apartments | Rhyolite | 2BR,1BA | $1.10 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
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 Article
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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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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See the most popular apartments and homes in Oreana, IL
Frequently Asked Questions about Oreana
What type of rentals are currently available in Oreana?
There are currently 44 Apartments for Rent in Oreana, IL with pricing that ranges from $400 to $2,600. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oreana ranging from $695 to $3,850.
What is the current price range for Rental Homes in Oreana?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oreana ranges from $695 to $3,850 with an average monthly rent of $2,596.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.