
Cheap 2 Bedroom Apartments for Rent in Rankin, IL from $732 (20 Rentals)


Falcon Way Townhomes

Golfview Village

Waterview Estates

Prairie Green Apartment Homes

The Verander
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.

Urbana Estates

Windcrest Apartments

206-A California

425 N Vermilion St

1206.5 Robinson St

1012 May St
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.

5 Grace St

1434 N Walnut St

Country Manor Apartments

625.5 Commercial St

426 W Maple St

136 S Griffin St
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.

917 E Seminary St

1117 N Gilbert St
Rankin, IL Local Guide

How much does it cost to rent an apartment in Rankin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rankin Studio Apartments | $1,026 | $650 | $1,359 |
| Rankin 1 Bedroom Apartments | $1,093 | $499 | $1,749 |
Rankin 2 Bedroom Apartments | $1,269 | $732 | $2,345 |
| Rankin 3 Bedroom Apartments | $1,257 | $785 | $2,035 |
| Rankin 4 Bedroom Apartments | $1,175 | $635 | $1,934 |
Browse Top Apartments in Rankin
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Rankin, IL Local Guide
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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.
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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rankin, IL Rentals by Map
See the most popular apartments and homes in Rankin, IL
Frequently Asked Questions about Cheap Rankin Apartments
What is the Cheapest Studio apartment in Rankin?
Currently the most affordable Cheap Studio Apartment in Rankin is at Waterview Estates listed at $830.
How much is rent for a Cheap One Bedroom Rankin Apartment?
The lowest price for a Cheap One Bedroom Rankin Apartment is $830 at Waterview Estates.
What is the lowest price for a Cheap Two Bedroom Rankin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rankin is starting from $830 at Waterview Estates.
What is the most affordable Rankin Three Bedroom Apartment?
The best deal on a cheap Rankin Three Bedroom Apartment rental is at Waterview Estates and starts from $830.
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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.