2 Bedroom Apartments for Rent near Rankin, IL (42 Rentals)

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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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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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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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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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property at 1203 Dean Dr

$1,350

2 Bedroom Rentals

Available Now

1203 Dean Dr

UrbanaIL61802

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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Aspen Court
2 Bedroom Apartments

Aspen Court

1557 S Hunter StUrbana, IL 61802
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Rankin, IL Local Guide

Largest Available Rankin and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Rankin, IL is found at Watersedge and is 1,157 square feet priced from $1,505. Devonshire Village has the second largest 2 Bedroom, which is sized at 1,102 square feet and currently listed start at $1,206. Here is today’s list of the largest available 2 Bedroom units in Rankin:

Apartment ListingModel NameSquare FootagePriced From
WatersedgeAtlantic-Level 21,157 Sq Ft$1,505
Devonshire Village2 Bed 2 Bath Sm Apt1,102 Sq Ft$1,206
Eastland Apartments2 Bedroom1,090 Sq Ft$1,415
Waterview Estates2X1 GWaterview Estates864 Sq Ft$830
Urbana Estates2X1Urbana Estates840 Sq Ft$900
202 RaceBeautiful 2BD Condo in Downtown Urbana!820 Sq Ft$1,182
Townway Place2 Beds, 1 Baths800 Sq Ft$900
The Grove2BR720 Sq Ft$972
The Verander2Br600 Sq Ft$872

Cheapest Available Rankin and Nearby 2 Bedroom Apartments

As of July 27, 2026 the lowest priced 2 Bedroom apartment unit in Rankin, IL is the 2X1 GWaterview Estates Model starting from $830 at Waterview Estates . The second most affordable Rankin 2 Bedroom is the 2Br Model at The Verander starting at $872 . The average price for all 2 Bedroom apartments in Rankin is currently $1,309. Here is today’s list of the cheapest available 2 Bedroom options in Rankin:

Apartment ListingModel NamePriced From
Waterview Estates2X1 GWaterview Estates$830
The Verander2Br$872
Townway Place2 Beds, 1 Baths$900
Urbana Estates2X1Urbana Estates$900
The Grove2BR$972
202 RaceBeautiful 2BD Condo in Downtown Urbana!$1,182
Devonshire Village2 Bed 2 Bath Sm Apt$1,206
Eastland Apartments2 Bedroom$1,415
WatersedgeAtlantic-Level 2$1,505

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

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Frequently Asked Questions about 2 Bedroom Rankin Apartments

How much is the average rent for a 2 Bedroom Rankin Apartment?

The average rent for a 2 Bedroom Apartment in Rankin is $1,309.

What is the largest available 2 Bedroom Rankin Apartment for rent?

Today's apartment with the most square footage in Rankin is a 1,157 square feet unit starting from $1,505 at Watersedge.

What is the average size for Rankin 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Rankin is currently 970 sq ft.

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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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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.