Cheap Apartments for Rent near Potomac, IL from $500 (48 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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302 W Locust St
1 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801
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2204 Alpha Dr
1 Bedroom Apartments

2204 Alpha Dr

2204 Alpha DrDanville, IL 61832

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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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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Showing Results 1-48, Page 1 of 1

Potomac, IL Local Guide

Cheapest Available Potomac Apartments for Rent and Nearby

 

The cheapest available apartment rental in Potomac, IL is a Studio unit found at Brook Haven Apartments priced from $525. Wabash Shore Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Potomac apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brook Haven ApartmentsStudioStudio,1BA$525
Wabash Shore Apartments1BR/1.0BA1BR,1BA$699
West Liberty Point 1BRWest Liberty Point 1BR - West...1BR,1BA$725
The Verander1Br1BR,1BA$732
2008 S Vawter St4 Beds4BR,2BA$800
Townway Place1 Beds, 1 Baths1BR,1BA$800
The Grove1BR1BR,1BA$816
Falcon Way TownhomesTwo Bedroom Townhome2BR,1BA$842
Prairie Green Apartment Homes2 x 12BR,1BA$850
Town & Country ApartmentsKensington1BR,1BA$863

Best Value Apartments for Rent in Potomac, IL and Nearby

As of August 08, 2026 the best value apartment in the Potomac area is the $1.09 price per square foot 2 Bed 2 Bath Sm Apt Model at Devonshire Village in the starting from $1,206. The second greatest value Potomac apartment is the 3 Beds Model at 2008 S Vawter St starting at $1,050 with a $0.97 price per square foot . Here is today’s list of the best values for Potomac apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Devonshire Village2 Bed 2 Bath Sm Apt2BR,2BA$1.09
2008 S Vawter St3 Beds3BR,1BA$0.97
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1.5BA$0.89
Campus OaksFloorplan A - Price per person4BR,2BA$0.75
Stone Ridge Square2 Bedroom 1 Bath - 935 SF2BR,1BA$1.29
Urbana Estates2X1Urbana Estates2BR,1BA$1.07
Prairie Green Apartment Homes2 x 12BR,1BA$1.02
Capstone QuartersTwo Bedroom Select2BR,2BA$0.80
Falcon Way TownhomesTwo Bedroom Townhome2BR,1BA$1.05
Element on Main2x12BR,1BA$1.31

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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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!

Explore Potomac, IL Rentals by Map

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See the most popular apartments and homes in Potomac, IL

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Frequently Asked Questions about Cheap Potomac Apartments

What is the Cheapest Studio apartment in Potomac?

Currently the most affordable Cheap Studio Apartment in Potomac is at Brook Haven Apartments listed at $525.

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

The lowest price for a Cheap One Bedroom Potomac Apartment is $699 at Wabash Shore Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Potomac is starting from $800 at Brook Haven Apartments.

What is the most affordable Potomac Three Bedroom Apartment?

The best deal on a cheap Potomac Three Bedroom Apartment rental is at South Pointe Commons and starts from $931.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.