909 Fairland St
BentonIL62812
Cheap Homes for Rent near Raleigh, IL from $336 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Raleigh.
218 Illinois St
GolcondaIL62938
225 Steven St
CarmiIL62821
404 N Carroll St
Norris CityIL62869
1 C Ln
HerrinIL62948
2913 N Brownsville Rd
Mount VernonIL62864
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.
407 2nd St
CarmiIL62821
413 3rd St
CarmiIL62821
226 Steven St
CarmiIL62821
400 E College St
EnergyIL62933
304 N Main St
ZeiglerIL62999
800 S 3rd St
HerrinIL62948
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.
500 W Colp Ave
PittsburgIL62974
607 Old Creal Springs Rd
MarionIL62959
617 E Broadway Blvd
Johnston CityIL62951
105 E Poplar St
HarrisburgIL62946
309 N 17th St
HerrinIL62948
209 N Pine St
MarionIL62959
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.
301 N 10th St
HerrinIL62948
501 E Reeves St
MarionIL62959
Showing Results 1-20, Page 1 of 1
Raleigh, IL Local Guide
Illinois before harvest by Ron Frazier is licensed under CC BY 2.0
How much does it cost to rent a home in Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raleigh 2 Bedroom Homes for Rent | $875 | $336 | $1,200 |
| Raleigh 3 Bedroom Homes for Rent | $1,202 | $399 | $1,800 |
| Raleigh 4 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
Browse Top Homes for Rent in Raleigh
Explore Raleigh
Raleigh, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Raleigh Apartments for Rent and Nearby
The cheapest available apartment rental in Raleigh, IL is a Studio unit found at Campus Edge priced from $450. The Metropolitan has the second lowest priced unit, which is a Studio apartment currently listed from $495. Here is today’s list of the most affordable Raleigh apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campus Edge | Studio | Studio,1BA | $450 |
| The Metropolitan | Metropolis Efficiency | Studio,1BA | $495 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $500 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| University Mall and Walnut Street Apartments | Studio | Studio,1BA | $625 |
Best Value Apartments for Rent in Raleigh, IL and Nearby
As of September 10, 2026 the best value apartment in the Raleigh area is the $1.05 price per square foot Black Diamond C2 Model at Storyboard on Black Diamond in the starting from $2,300. The second greatest value Raleigh apartment is the 1X1 Model at 2600 Fairway Dr starting at $1,600 with a $0.89 price per square foot . Here is today’s list of the best values for Raleigh apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Storyboard on Black Diamond | Black Diamond C2 | 3BR,2.5BA | $1.05 |
| 2600 Fairway Dr | 1X1 | 3BR,2.5BA | $0.89 |
| Alpha Property Management (Alpha Rentals) | Four Bedroom (1.5 bath or 4 bath) | 4BR,4BA | $0.91 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.73 |
| The Reserve at Saluki Pointe | 2X2 By the bed | 2BR,2BA | $0.71 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Chesapeake | B1 | 2BR,1BA | $1.01 |
| Newly Renovated 2 Bedrooms! | 2BR/1.0BA | 2BR,1BA | $1.05 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
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
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read Article
Quick Rent Budget Calculator
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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 Raleigh, IL Rentals by Map
See the most popular apartments and homes in Raleigh, IL
Frequently Asked Questions about Raleigh
What type of rentals are currently available in Raleigh?
There are currently 45 Apartments for Rent in Raleigh, IL with pricing that ranges from $295 to $2,300. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Raleigh ranging from $336 to $2,300.
What is the current price range for Rental Homes in Raleigh?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Raleigh ranges from $336 to $2,300 with an average monthly rent of $1,000.
How much are larger Three and Four Bedroom Rentals in Raleigh?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Raleigh range from $650 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $399 to $1,800. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $295.
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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.