
Cheap Homes for Rent in Pana, IL from $600 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Pana.


913 N Taylorville Blvd

1312 E Logan St

341 S Haworth Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

404 E Madison St

1847 Shady Crest St

1363 E Johns Ave

117 S Elder Ln

111 S Elder Ln
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

401 S 19th St

955 N Dunham St

1054 E Clay St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

290 S Maffit St

11 N Seymour St

952 N Taylor Ave

203 Livergood St
Pana, IL Local Guide

How much does it cost to rent a home in Pana?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Pana 2 Bedroom Homes for Rent | $894 | $685 | $1,550 |
Pana 3 Bedroom Homes for Rent | $1,280 | $900 | $1,850 |
Pana 4 Bedroom Homes for Rent | $2,362 | $1,800 | $3,250 |
Browse Top Homes for Rent in Pana
Explore Pana
Pana, IL Local Guide
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Cheapest Available Pana Apartments for Rent and Nearby
 The cheapest available apartment rental in Pana, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Stones Crossing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Pana apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
The Hickox Collection | The Hickox | Studio,1BA | $628 |
Denison Place | One Bedroom | 1BR,1BA | $675 |
Moundford Terrace | 2 Bedroom 1 Bath | 2BR,1BA | $725 |
Best Value Apartments for Rent in Pana, IL and Nearby
As of June 16, 2025 the best value apartment in the Pana area is the $0.88 price per square foot Townhome Model at Ravenwood Townhomes in the starting from $875. The second greatest value Pana apartment is the B1 Model at Candles starting at $965 with a $1.01 price per square foot . Here is today’s list of the best values for Pana apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
Candles | B1 | 2BR,1.5BA | $1.01 |
Safe Harbor Properties | Walk to work. Capitol View. WIFI Included. | 2BR,1BA | $1.03 |
721 South Grand Ave W | One Bedroom | 1BR,1BA | $1.24 |
2474 N Florian | 1st Floor | 2BR,1.5BA | $1.13 |
Denison Place | One Bedroom | 1BR,1BA | $0.84 |
Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
Moundford Terrace | 2 Bedroom 1 Bath | 2BR,1BA | $1.06 |
RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
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.
Frequently Asked Questions about Pana
What type of rentals are currently available in Pana?
There are currently 39 Apartments for Rent in Pana, IL with pricing that ranges from $575 to $1,750. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pana ranging from $675 to $3,250.
What is the current price range for Rental Homes in Pana?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pana ranges from $675 to $3,250 with an average monthly rent of $1,302.
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.

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.

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.

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.

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.