Cheap Apartments for Rent in Plano, IL from $500 (23 Rentals)

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

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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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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Sage Crest Apartments
1 to 3 Bedroom Apartments

Sage Crest Apartments

827 N Lake StAurora, IL 60506
  • Utilities Included
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Village West Apartments
1 to 2 Bedroom Apartments

Village West Apartments

1971 Lilac LnAurora, IL 60506
Corporate Housing
  • Utilities Included

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.

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Lake Pointe
1 to 3 Bedroom Apartments

Lake Pointe

461 N Lake StAurora, IL 60506
  • Utilities Included
Showing Results 1-23, Page 1 of 1

Plano, IL Local Guide

Cheapest Available Plano Apartments for Rent

 

The cheapest available apartment rental in Plano, IL is a 1 Bed unit found at Fox Hill Senior Living in the Raintree Village Duplexes neighborhood priced from $656. 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
Fox Hill Senior Living1x1-H-SS1BR,1BA$656
Wedgewood Manor Active Senior LivingB1BR,1BA$1,070
Keystone LoftsPlan 11BR,1BA$1,425
Arbor West Apartments1BR/1BA small1BR,1BA$1,440
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,450

Best Value Apartments for Rent in Plano, IL

As of March 13, 2026 the best value apartment in the Plano area is the $1.74 price per square foot Accera Model at Bristol Bay of Yorkville in the in the Blackberry Crossing West neighborhood starting from $2,595. The second greatest value Plano apartment is the Inverness Model at Randall Highlands starting at $2,856 with a $1.96 price per square foot in the Batavia Historic District 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.
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Randall HighlandsInverness3BR,2.5BA$1.96
Redwood AuroraWillowood2BR,2BA$1.92
Downer Place Lofts2bed/1bath2BR,1BA$1.88
Fox Pointe3B-M603BR,2BA$1.50
Reserve at Fox River ApartmentsTwo Bedroom B12BR,2BA$1.63
Keystone LoftsPlan 11BR,1BA$1.44
The Onyx on VictoriaPremier 2 Bedroom 1 Bathroom Apartment2BR,1BA$1.68
Fox Hill Senior Living1x1-H-SS1BR,1BA$0.91
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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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.

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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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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

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 The Reserve at Hudson Crossing listed at $1,450.

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

The lowest price for a Cheap One Bedroom Plano Apartment is $656 at Fox Hill 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 $1,580 at Arbor West Apartments.

What is the most affordable Plano Three Bedroom Apartment?

The best deal on a cheap Plano Three Bedroom Apartment rental is at Fox Pointe and starts from $1,653.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

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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.

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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.