Cheap Homes for Rent in Philo, IL from $700 (9 Rentals)

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property at 202 S Lynn St

202 S Lynn St

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.

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.

Philo, IL Local Guide

Cheapest Available Philo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Philo, IL is a 1 Bed unit found at 106 N gregory priced from $775. Bailey Student Apartments Available 2025! has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here is today’s list of the most affordable Philo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
106 N gregory1 bed1BR,1BA$775
Bailey Student Apartments Available 2025!901 W Springfield - 2/12BR,1BA$900
Kobuck Apartments1206 Wesley Ave 1bd/1ba1BR,1BA$910

Best Value Apartments for Rent in Philo, IL and Nearby

As of June 07, 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 3 Bed Model at 905 W Springfield Ave starting at $1,495 with a $1.36 price per square foot . Here is today’s list of the best values for Philo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1.07
905 W Springfield Ave3 Bed3BR,1BA$1.36
Sterling on First3x3 Titanium3BR,3BA$1.40
Campus OaksFloorplan A - Price per person4BR,2BA$0.60
Lancaster Apartments3 x 13BR,1BA$0.79
Colony West2BR/1BA Condo2BR,1BA$1.16
Aspen CourtThe Sugar Maple2BR,1.5BA$1.10
Parkside2 Bedroom 1 Bath - 850 SF2BR,1BA$1.19
106 N gregory1 bed1BR,1BA$1.11
Kobuck Apartments1206 Wesley Ave 1bd/1ba1BR,1BA$1.55

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Frequently Asked Questions about Philo

What type of rentals are currently available in Philo?

There are currently 43 Apartments for Rent in Philo, IL with pricing that ranges from $600 to $3,360. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Philo ranging from $775 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 $775 to $3,850 with an average monthly rent of $1,759.

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 $3,200. Four Bedroom Single-Family rentals are also available starting from $1,855 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.

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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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.