Cheap Apartments for Rent in Plano, IL from $500 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in Plano.

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.

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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.

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Sage Crest Apartments
1 to 3 Bedroom Apartments

Sage Crest Apartments

827 N Lake StAurora, IL 60506
  • Utilities Included
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Deville Manor
1 to 2 Bedroom Apartments

Deville Manor

110 5th StOswego, IL 60543
Senior Living
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Village West Apartments
1 to 2 Bedroom Apartments

Village West Apartments

1971 Lilac LnAurora, IL 60506
Corporate Housing
  • Utilities Included

Cash 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.

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Keystone Lofts
1 Bedroom Apartments

Keystone Lofts

30 S Stolp AveAurora, IL 60506
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Lake Pointe
1 to 3 Bedroom Apartments

Lake Pointe

461 N Lake StAurora, IL 60506
  • Utilities Included

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.

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South Adams St
2 Bedroom Apartments

South Adams St

209 S Adams StOswego, IL 60543
Showing Results 1-37, Page 1 of 1

Plano, IL Local Guide

Cheapest Available Plano Apartments for Rent and Nearby

 

The cheapest available apartment rental in Plano, IL is a 2 Beds unit found at Deville Manor in the Prescott Mill Crossings neighborhood priced from $678. Wedgewood Manor Active Senior Living in the Ashcroft Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,070. Here is today’s list of the most affordable Plano apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Deville Manor2 Bedroom A2BR,1BA$678
Wedgewood Manor Active Senior LivingB1BR,1BA$1,070
Lakeview ResidencesLakeview Residences Studio ApartmentStudio,1BA$1,325
ReNew AuroraAshford1BR,1BA$1,385
Leland Tower ApartmentsGalena1BR,1BA$1,410
Arbor West Apartments1BR/1BA small1BR,1BA$1,440
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,450
Onyx on VictoriaPremier 1 Bedroom 1 Bathroom Apartment1BR,1BA$1,475
The LUXE Residences of Aurora 55+ CommunityOne Bedroom Small (LRA-1S)1BR,1BA$1,550
The Reserve at SummerfieldThe Adler1BR,1BA$1,576

Best Value Apartments for Rent in Plano, IL and Nearby

As of June 12, 2026 the best value apartment in the Plano area is the $1.85 price per square foot Capewood Model at Redwood Oswego in the in the Blackberry Crossing West neighborhood starting from $2,999. The second greatest value Plano apartment is the Accera Model at Bristol Bay of Yorkville starting at $2,595 with a $1.74 price per square foot in the Blackberry Crossing West neighborhood. Here is today’s list of the best values for Plano apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood OswegoCapewood2BR,2BA$1.85
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Randall HighlandsB12BR,2.5BA$1.92
Reserve at Fox River3BR3BR,2BA$1.78
Avanterra Wolfs Crossing1BR Vista Triplex1BR,1.5BA$2.08
Fox Pointe2B2B2BR,2BA$1.72
Downer Place Lofts1 Bed/1 Bath1BR,1BA$2.02
The Reserve at SummerfieldThe Adler1BR,1BA$1.96
Deville Manor1 Bedroom1BR,1BA$1.75
Wedgewood Manor Active Senior LivingB1BR,1BA$1.78

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.

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Real 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.

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Quick 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.

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Best Local Schools in
Plano, IL

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Plano Apartments

What is the Cheapest Studio apartment in Plano?

Currently the most affordable Cheap Studio Apartment in Plano is at Lakeview Residences listed at $1,325.

How much is rent for a Cheap One Bedroom Plano Apartment?

The lowest price for a Cheap One Bedroom Plano Apartment is $1,070 at Wedgewood Manor Active Senior Living.

What is the lowest price for a Cheap Two Bedroom Plano Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Plano is starting from $678 at Deville Manor.

What is the most affordable Plano Three Bedroom Apartment?

The best deal on a cheap Plano Three Bedroom Apartment rental is at Reserve at Fox River and starts from $2,038.

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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.

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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.

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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.