Cheap Apartments for Rent in Rantoul, IL from $400 (15 Rentals)

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

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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Royal Arms
2 Bedroom Apartments

Royal Arms

213 Keystone AveRantoul, IL 61866
  • Utilities Included
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Keystone Apartments
2 Bedroom Apartments

Keystone Apartments

253 Keystone DrRantoul, IL 61866
  • Utilities Included

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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Parker Glen
2 to 3 Bedroom Apartments

Parker Glen

2501 N Neil StChampaign, IL 61820
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302 W Locust St
1 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Rantoul, IL Local Guide

Cheapest Available Rantoul Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rantoul, IL is a 3 Beds unit found at Parker Glen priced from $680. Golfview Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $730. Here is today’s list of the most affordable Rantoul apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Glen3 Bedroom3BR,2BA$680
Golfview VillageThe Gilmore2BR,1BA$730
Windcrest Apartments1 Bedroom / 1 Bathroom1BR,1BA$750
West Liberty Point2 Bedroom2BR,1BA$800
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR,1BA$810

Best Value Apartments for Rent in Rantoul, IL and Nearby

As of July 25, 2025 the best value apartment in the Rantoul area is the $0.65 price per square foot South Pointe 3bd/1.5ba Duplex w/ Carport & Base... Model at South Pointe Commons in the starting from $1,164. The second greatest value Rantoul apartment is the 2 Bedroom/2.5 bath Model at 200 Vine St starting at $1,675 with a $1.07 price per square foot . Here is today’s list of the best values for Rantoul apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South Pointe CommonsSouth Pointe 3bd/1.5ba Duplex w/ Carport & Base...3BR,1.5BA$0.65
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1.07
Capstone QuartersThree Bedroom Standard3BR,3BA$0.45
Campus Circle UrbanaD24BR,4BA$0.69
Parker Glen2 Bedroom2BR,1BA$1.29
Town Center Apartments2 Bedroom 1 Bath2BR,1BA$0.97
Falcon Way TownhomesTwo Bedroom Townhome2BR,1BA$1.18
West Liberty Point2 Bedroom2BR,1BA$1.07
425 E Campbell Ave, Unit H425 E Campbell Ave2BR,1BA$0.85
Windcrest Apartments1 Bedroom / 1 Bathroom1BR,1BA$1.39

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

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Getting Around Rantoul, IL

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Rantoul Apartments

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

The lowest price for a Cheap One Bedroom Rantoul Apartment is $750 at Windcrest Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Rantoul is starting from $800 at West Liberty Point.

What is the most affordable Rantoul Three Bedroom Apartment?

The best deal on a cheap Rantoul Three Bedroom Apartment rental is at Parker Glen and starts from $680.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.