2008 Vawter St
UrbanaIL61801
Cheap Homes for Rent in Philo, IL from $900 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Philo.
1601 Lyndhurst Dr
SavoyIL61874
1120 Lanore Dr
UrbanaIL61802
1403 Laurel Dr
UrbanaIL61801
108 Burwash Ave
SavoyIL61874
2104 Melrose Dr
ChampaignIL61820
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.
1001 E Washington St
UrbanaIL61801
119 S Dodson Dr
UrbanaIL61802
2003 E Florida Ave
UrbanaIL61802
506 E Elm St
UrbanaIL61802
806 Breen Dr
ChampaignIL61820
710 Richards Ln
ChampaignIL61820
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.
1305 E Scovill St
UrbanaIL61801
Showing Results 1-13, Page 1 of 1
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 | $1,420 | $900 | $1,850 |
| Philo 3 Bedroom Homes for Rent | $1,802 | $1,295 | $2,935 |
| Philo 4 Bedroom Homes for Rent | $2,555 | $1,700 | $3,600 |
| Philo 5 Bedroom Homes for Rent | $3,725 | $3,600 | $3,850 |
Browse Top Homes for Rent in Philo
Explore Philo
Philo, IL Local Guide
- Nearby Cities
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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 Urbana Estates priced from $800. Aspen Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Philo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $800 |
| Aspen Court | The Beech | 1BR,1BA | $825 |
| Prairie Green Apartment Homes | 2 Bed 1 Bath | 2BR,1BA | $925 |
| Element on Main | 1x1 | 1BR,1BA | $1,025 |
| 608 E Chalmers | Fall lease, four bed four bath apartment in Qua... | 4BR,4BA | $1,060 |
Best Value Apartments for Rent in Philo, IL and Nearby
As of January 28, 2026 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 Fall lease, four bed four bath apartment in Qua... Model at 608 E Chalmers starting at $1,060 with a $0.80 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 |
| 608 E Chalmers | Fall lease, four bed four bath apartment in Qua... | 4BR,4BA | $0.80 |
| The Courtyards @ Prairie Fields | 2 bedroom | 2BR,2BA | $1.41 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| Parkside | 2 Bedroom 1 Bath 850 Premium Upgrade | 2BR,1BA | $1.42 |
| Prairie Green Apartment Homes | 2 Bed 1 Bath | 2BR,1BA | $1.19 |
| Lancaster Apartments | 3x1 | 3BR,1BA | $1.19 |
| 1008 S. 4th | B3 | 2BR,2BA | $1.56 |
| Stone Ridge Square | 1 Bedroom 1 Bath 730 SF | 1BR,1BA | $1.47 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $1.22 |
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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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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Explore Philo, IL Rentals by Map
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 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Philo ranging from $900 to $3,850.
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 $900 to $3,850 with an average monthly rent of $2,200.
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 $905 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 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
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.