Cheap Apartments for Rent in Palestine, IL from $300 (41 Rentals)

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

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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920
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Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

211 Joanie LnRobinson, IL 62454
Senior Living
  • Utilities Included
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Newton Senior Housing
1 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
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Elmdale Apartments
2 Bedroom Apartments

Elmdale Apartments

3924 N Elmdale RdOlney, IL 62450
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Showing Results 1-41, Page 1 of 1

Palestine, IL Local Guide

Cheapest Available Palestine Apartments for Rent and Nearby

 

The cheapest available apartment rental in Palestine, IL is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Palestine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Walnut SquareTwo Bedroom2BR,1BA$417
Union Pointe1 Bedroom1BR,2BA$550
Arbors at Honey Creek2x22BR,2BA$610
Arthur Ave Apartments1x11BR,1BA$610
Highland Terrace1 Bed 1 Bath1BR,1BA$675
Springhill Apartments1 Bedroom1BR,1BA$700
The DemingA1BR,1BA$719
Southern Meadows Senior LivingMove in TODAY! Ask about our move in special!1BR,1BA$750
Harrison West2 Bedroom2BR,1BA$800
University Village Student HousingLarge Loft1BR,1BA$810

Best Value Apartments for Rent in Palestine, IL and Nearby

As of July 04, 2025 the best value apartment in the Palestine area is the $0.57 price per square foot 2x2 Model at Arbors at Honey Creek in the in the Downtown Terre Haute neighborhood starting from $610. The second greatest value Palestine apartment is the 2 Bedroom Model at The Landings starting at $1,000 with a $1.09 price per square foot . Here is today’s list of the best values for Palestine apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arbors at Honey Creek2x22BR,2BA$0.57
The Landings2 Bedroom2BR,1BA$1.09
Harrison West2 Bedroom2BR,1BA$0.93
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
Ashton Apartments1BR/1.5BA1BR,1.5BA$1.09
Arthur Ave Apartments1x11BR,1BA$0.97
Springhill Apartments1 Bedroom1BR,1BA$1.14
Union Pointe1 Bedroom1BR,2BA$0.92
Highland Terrace1 Bed 1 Bath1BR,1BA$1.23

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Getting Around Palestine, IL

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Palestine Apartments

How much is rent for a Cheap One Bedroom Palestine Apartment?

The lowest price for a Cheap One Bedroom Palestine Apartment is $550 at Union Pointe.

What is the lowest price for a Cheap Two Bedroom Palestine Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Palestine is starting from $417 at Historic Walnut Square.

What is the most affordable Palestine Three Bedroom Apartment?

The best deal on a cheap Palestine Three Bedroom Apartment rental is at Historic Walnut Square and starts from $479.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.