1108 Paul St
OttawaIL61350
Cheap Homes for Rent in Pontiac, IL from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Pontiac.
1007 Sheryl Ln
NormalIL61761
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.
107 College Park Ct
NormalIL61761
407 E Seminole St
DwightIL60420
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.
101 Bannon Dr
DwightIL60420
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Pontiac, IL Local Guide
Livingston County Courthouse, Pontiac, Illinois by IvoShandor is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Pontiac?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pontiac 2 Bedroom Homes for Rent | $1,355 | $945 | $1,850 |
| Pontiac 3 Bedroom Homes for Rent | $1,816 | $1,500 | $2,500 |
| Pontiac 4 Bedroom Homes for Rent | $2,207 | $1,895 | $2,500 |
Browse Top Homes for Rent in Pontiac
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Pontiac, IL Local Guide
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Cheapest Available Pontiac Apartments for Rent and Nearby
The cheapest available apartment rental in Pontiac, IL is a 1 Bed unit found at Phoenix Apartments of Pontiac priced from $795. Cortez Apartments in the Oakridge neighborhood 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 Pontiac apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Phoenix Apartments of Pontiac | One Bedroom Deluxe | 1BR,1BA | $795 |
| Cortez Apartments | Unfurnished | 1BR,1BA | $825 |
| Arbors at Eastland | The Oak | 1BR,1BA | $835 |
Best Value Apartments for Rent in Pontiac, IL and Nearby
As of May 29, 2026 the best value apartment in the Pontiac area is the $1.34 price per square foot 4 Bedrooms or more Model at Class Act Realty in the in the Downtown Normal neighborhood starting from $2,150. The second greatest value Pontiac apartment is the All units Model at 3 Stortz Drive starting at $1,300 with a $1.08 price per square foot in the Downtown Bloomington neighborhood. Here is today’s list of the best values for Pontiac apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Class Act Realty | 4 Bedrooms or more | 4BR,2.5BA | $1.34 |
| 3 Stortz Drive | All units | 2BR,2BA | $1.08 |
| BayOak | Oakbrook | 2BR,2BA | $0.95 |
| 701 Franklin | Apt 5 | 4BR,1BA | $0.45 |
| Ekstam Apartments | 2 Beds 2 Bath | 2BR,2BA | $1.14 |
| Harvest View | 2/2 First Floor | 2BR,2BA | $1.21 |
| Lincoln Square Apartments | 2 Bedroom 1.5 Bath Townhouse. | 2BR,1.5BA | $1.07 |
| 700 N Adelaide St | Rent Per Student for 2 | 2BR,1.5BA | $0.80 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
| Briarwood II | 2BR Bay Window with Updated Cabinets and Luxury... | 2BR,1BA | $1.37 |
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
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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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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See the most popular apartments and homes in Pontiac, IL
Frequently Asked Questions about Pontiac
What type of rentals are currently available in Pontiac?
There are currently 52 Apartments for Rent in Pontiac, IL with pricing that ranges from $659 to $7,021. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pontiac ranging from $550 to $2,700.
What is the current price range for Rental Homes in Pontiac?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pontiac ranges from $550 to $2,700 with an average monthly rent of $1,583.
How much are larger Three and Four Bedroom Rentals in Pontiac?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pontiac range from $798 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $659.
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
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.
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.
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.
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.