202 S Lynn St
UrbanaIL61802
Cheap Homes for Rent in Philo, IL from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Philo.
704 Scottswood Dr
UrbanaIL61802
307 W Ells Ave
ChampaignIL61820
1505 Philo Rd
UrbanaIL61802
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.
409 S Anderson St
UrbanaIL61801
708 Scottswood Dr
UrbanaIL61802
1804B Glenwood Oaks Ct
UrbanaIL61801
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.
1805 Hillshire Dr
UrbanaIL61802
906 Timothy Trail
UrbanaIL61802
2008 Vawter St
UrbanaIL61801
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Philo, IL Local Guide
Pizza, midwest style by David Woo is licensed under CC BY 2.0
How much does it cost to rent a home in Philo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Philo 2 Bedroom Homes for Rent | $1,339 | $775 | $1,650 |
| Philo 3 Bedroom Homes for Rent | $1,910 | $1,050 | $2,750 |
| Philo 4 Bedroom Homes for Rent | $2,210 | $1,400 | $3,600 |
| Philo 5 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
Browse Top Homes for Rent in Philo
Explore Philo
Philo, IL Local Guide
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Cheapest Available Philo Apartments for Rent and Nearby
The cheapest available apartment rental in Philo, IL is a 2 Beds unit found at Bailey Student Apartments Available 2025! priced from $900. Aspen Court has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here is today’s list of the most affordable Philo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bailey Student Apartments Available 2025! | 901 W Springfield - 2/1 | 2BR,1BA | $900 |
| Aspen Court | The Sugar Maple | 2BR,1BA | $950 |
| 905 W Springfield Ave | 2 Bed | 2BR,1BA | $1,095 |
Best Value Apartments for Rent in Philo, IL and Nearby
As of July 26, 2025 the best value apartment in the Philo area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Philo apartment is the 2 Bed Model at The Cottages at Lake Falls starting at $2,500 with a $1.92 price per square foot . Here is today’s list of the best values for Philo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| The Cottages at Lake Falls | 2 Bed | 2BR,2BA | $1.92 |
| 905 W Springfield Ave | 3 Bed | 3BR,1BA | $1.36 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.60 |
| Kobuck Apartments | 1202 Wesley Ave 2bd/1ba | 2BR,1BA | $1.29 |
| Aspen Court | The Sugar Maple | 2BR,1.5BA | $1.10 |
| The Whitney Apartments | Charming 2 Bed, 2 Bath – Perfect for Families o... | 2BR,2BA | $1.57 |
| Sterling on First | 2x2 Silver | 2BR,2BA | $1.65 |
| Legacy 202 | 2x2B | 2BR,2BA | $1.68 |
| Birch Street Apartments | Canopy Remodel | 1BR,1BA | $1.91 |
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Frequently Asked Questions about Philo
What type of rentals are currently available in Philo?
There are currently 45 Apartments for Rent in Philo, IL with pricing that ranges from $650 to $3,360. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Philo ranging from $775 to $3,600.
What is the current price range for Rental Homes in Philo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Philo ranges from $775 to $3,600 with an average monthly rent of $1,966.
How much are larger Three and Four Bedroom Rentals in Philo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Philo range from $875 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $780.
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.