Cheap Homes for Rent in Plano, IL from $1,300 (5 Rentals)

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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.

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.

Plano, IL Local Guide

Cheapest Available Plano Apartments for Rent and Nearby

 

The cheapest available apartment rental in Plano, IL is a 1 Bed unit found at Wedgewood Manor Active Senior Living in the Ashcroft Place neighborhood priced from $1,070. Leland Tower Apartments in the West Side Aurora neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Plano apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wedgewood Manor Active Senior LivingB1BR,1BA$1,070
Leland Tower ApartmentsNew York1BR,1BA$1,300
Lakeview ResidencesLakeview Residences Studio ApartmentStudio,1BA$1,325

Best Value Apartments for Rent in Plano, IL and Nearby

As of May 04, 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 $2,862 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
Seasons at North Aurora2D2BR,2BA$1.89
Reserve at Fox River ApartmentsTwo Bedroom B12BR,2BA$1.63
Fox Pointe3B-S603BR,2BA$1.70
Keystone LoftsPlan 11BR,1BA$1.41
The Reserve at SummerfieldBurnham1BR,1BA$1.95
Downer Place Lofts1 Bed/1 Bath1BR,1BA$2.02
Leland Tower ApartmentsNew York1BR,1BA$1.73
Wedgewood Manor Active Senior LivingB1BR,1BA$1.78

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

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Frequently Asked Questions about Plano

What type of rentals are currently available in Plano?

There are currently 55 Apartments for Rent in Plano, IL with pricing that ranges from $656 to $4,604. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Plano ranging from $1,395 to $3,950.

What is the current price range for Rental Homes in Plano?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Plano ranges from $1,395 to $3,950 with an average monthly rent of $2,519.

How much are larger Three and Four Bedroom Rentals in Plano?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Plano range from $1,797 to $4,604, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $3,235.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.