
Cheap Homes for Rent in Patoka, IL from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Patoka.


272 S Shannon St

919 Mulberry St

106 Lee Dr
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.

225 Eagle Ridge

164 Eagle Ridge

11 W Perry St

129 Northtowne St
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.
Patoka, IL Local Guide

How much does it cost to rent a home in Patoka?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Patoka 2 Bedroom Homes for Rent | $1,404 | $1,025 | $1,925 |
| Patoka 3 Bedroom Homes for Rent | $1,924 | $699 | $2,975 |
| Patoka 4 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
| Patoka 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
| Patoka 6 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Browse Top Homes for Rent in Patoka
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Patoka, IL Local Guide
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Cheapest Available Patoka Apartments for Rent and Nearby
 The cheapest available apartment rental in Patoka, IL is a 2 Beds unit found at Cedars of Lebanon Apartments in the Metro East neighborhood priced from $200. McKay Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $475. Here is today’s list of the most affordable Patoka apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedars of Lebanon Apartments | Two Bedroom | 2BR,1BA | $200 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $475 |
| Flax Meadow Townhomes | Two Bed | 2BR,1BA | $715 |
Best Value Apartments for Rent in Patoka, IL and Nearby
As of June 06, 2026 the best value apartment in the Patoka area is the $0.91 price per square foot Two Bed One Bath Model at Linwood Apartments in the in the OFallon neighborhood starting from $1,000. The second greatest value Patoka apartment is the 2 Beds, 1 bath Model at 1118 E 3rd St starting at $1,295 with a $1.18 price per square foot in the OFallon neighborhood. Here is today’s list of the best values for Patoka apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| 1118 E 3rd St | 2 Beds, 1 bath | 2BR,1BA | $1.18 |
| BSB Apartments | 220 Bd Townhouse | 2BR,1.5BA | $1.03 |
| Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.18 |
| Flax Meadow Townhomes | Two Bed | 2BR,1.5BA | $0.81 |
| Lakewood Estates | 1 Bedroom | 1BR,1BA | $0.94 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Kingsbury Campus Apartments | 2 Beds, 1 Bath Model | 2BR,1BA | $1.05 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $0.64 |
| Cedars of Lebanon Apartments | Studio | Studio ,1BA | $0.44 |
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 ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Patoka
What type of rentals are currently available in Patoka?
There are currently 52 Apartments for Rent in Patoka, IL with pricing that ranges from $200 to $3,349. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Patoka ranging from $675 to $2,995.
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 $675 to $2,995 with an average monthly rent of $1,942.
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 $883 to $3,349, while Three Bedroom Homes, Condos, and Townhomes for rent range from $699 to $2,975. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $714.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.