Cheap Homes for Rent in Patoka, IL from $300 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Patoka.

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.

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.

Patoka, IL Local Guide

Cheapest Available Patoka Apartments for Rent and Nearby

 

The cheapest available apartment rental in Patoka, IL is a 1 Bed unit found at 215 anderson lane A in the Green Mount Manor neighborhood priced from $825. Bouse Apartment Homes in the Metro East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Patoka apartments for rent:

Apartment ListingModel NameBed/BathPriced From
215 anderson lane A1 BR / 1 BA1BR,1BA$825
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$845
Centralia EstatesUnit 473BR,2BA$856

Best Value Apartments for Rent in Patoka, IL and Nearby

As of June 18, 2025 the best value apartment in the Patoka area is the $1.13 price per square foot Hayden B1 Model at Storyboard on Hayden in the in the Timberbrook neighborhood starting from $1,410. The second greatest value Patoka apartment is the Unit 48 Model at Centralia Estates starting at $1,150 with a $0.95 price per square foot . Here is today’s list of the best values for Patoka apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Storyboard on HaydenHayden B12BR,2.5BA$1.13
Centralia EstatesUnit 483BR,2BA$0.95
Storyboard on Park EntrancePark Entrance B12BR,2BA$1.15
Brookside ManorTwo Bedroom2BR,1.5BA$1.13
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
Storyboard on LancashireLancashire B12BR,1BA$1.04
215 anderson lane A2 BR / 1 BA2BR,1BA$1.07
McKay Manor2 Bedroom2BR,1BA$1.16
Storyboard on RockwoodRockwood A11BR,1BA$1.16
Shiloh Commons HoldingsB2 2 Bed | 1 Bath2BR,1BA$1.28

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Patoka

What type of rentals are currently available in Patoka?

There are currently 45 Apartments for Rent in Patoka, IL with pricing that ranges from $635 to $3,599. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Patoka ranging from $385 to $3,500.

What is the current price range for Rental Homes in Patoka?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Patoka ranges from $385 to $3,500 with an average monthly rent of $1,993.

How much are larger Three and Four Bedroom Rentals in Patoka?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Patoka range from $800 to $2,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,475 to $2,950. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $729.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.