1613 Lyndhurst W Dr
SavoyIL61874
Cheap Homes for Rent in Philo, IL from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Philo.
202 S Lynn St
UrbanaIL61802
2008 Vawter St
UrbanaIL61801
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.
1002 E Willard St
UrbanaIL61801
1605 Lyndhurst Dr
SavoyIL61874
409 S Anderson St
UrbanaIL61801
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.
904 E Fairlawn Dr
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 | $1,349 | $800 | $1,850 |
| Philo 3 Bedroom Homes for Rent | $1,727 | $1,100 | $2,935 |
| Philo 4 Bedroom Homes for Rent | $2,525 | $1,700 | $3,600 |
| Philo 5 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
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 1 Bed unit found at Aspen Court priced from $825. 608 E Chalmers in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,060. Here is today’s list of the most affordable Philo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aspen Court | The Beech | 1BR,1BA | $825 |
| 608 E Chalmers | Fall lease, four bed four bath apartment in Qua... | 4BR,4BA | $1,060 |
| Parkside | 2 Bedroom 1 Bath - 850 SF | 2BR,1BA | $1,080 |
Best Value Apartments for Rent in Philo, IL and Nearby
As of December 13, 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 2 bath - 519 E. Green St Model at 519 E. Green St by Bankier Apartments starting at $1,150 with a $1.15 price per square foot in the Downtown Champaign neighborhood. 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 |
| 519 E. Green St by Bankier Apartments | 2 bed 2 bath - 519 E. Green St | 2BR,2BA | $1.15 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| Stone Ridge Square | 2 Bedroom 2 Bath - 980 SF | 2BR,2BA | $1.28 |
| Parkside | 2 Bedroom 1 Bath 850 Premium Upgrade | 2BR,1BA | $1.42 |
| The Whitney Apartments | 2 bedroom - top floor and vaulted ceilings | 2BR,2BA | $1.64 |
| Sterling on First | 2x2 Chrome | 2BR,2BA | $1.60 |
| Lancaster Apartments | 3x1 | 3BR,1BA | $1.19 |
| 1008 S. 4th | B3 | 2BR,2BA | $1.56 |
| Aspen Court | The Beech | 1BR,1BA | $1.70 |
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 Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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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.
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See the most popular apartments and homes in Philo, IL
Frequently Asked Questions about Philo
What type of rentals are currently available in Philo?
There are currently 46 Apartments for Rent in Philo, IL with pricing that ranges from $518 to $3,800. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Philo ranging from $725 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 $725 to $3,600 with an average monthly rent of $2,061.
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 $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,935. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $835.
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
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.