Cheap Apartments for Rent in Rantoul, IL from $400 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
Royal Arms
2 Bedroom Apartments

Royal Arms

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

Keystone Apartments

253 Keystone DrRantoul, IL 61866
  • Utilities Included

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.

close
View Me
302 W Locust St
1 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801

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.

Rantoul, IL Local Guide

Cheapest Available Rantoul Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rantoul, IL is a Studio unit found at Windcrest Apartments in the Downtown Champaign neighborhood priced from $625. Golfview Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $740. Here is today’s list of the most affordable Rantoul apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Windcrest ApartmentsStudio / 1 BathroomStudio,1BA$625
Golfview VillageThe Gilmore2BR,1BA$740
Town & Country ApartmentsKensington1BR,1BA$775
West Liberty Point2 Bedroom2BR,1BA$800
Westgate ApartmentsOne Bedroom w/ Study1BR,1BA$800

Best Value Apartments for Rent in Rantoul, IL and Nearby

As of January 01, 2026 the best value apartment in the Rantoul area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Rantoul apartment is the The Erving Model at Nantucket Cove Apartments starting at $1,550 with a $1.25 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.
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1.07
Nantucket Cove ApartmentsThe Erving3BR,3BA$1.25
Town Center Apartments3 Bedroom 2 Bath3BR,2BA$1.01
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1.5BA$0.78
Golfview VillageThe Gilmore2BR,1.5BA$0.74
University ParkTwo Bedroom2BR,1BA$1.17
Falcon Way TownhomesTwo Bedroom Townhome2BR,1BA$1.03
West Liberty Point2 Bedroom2BR,1BA$1.03
Westgate ApartmentsOne Bedroom w/ Study1BR,1BA$1.07
425 E Campbell Ave, Unit H425 E Campbell Ave2BR,1BA$0.85

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
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Rantoul, IL Rentals by Map

View Map
Rantoul, IL Apartments Map
View Map
Rantoul, IL Rental Homes Map

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 $775 at Town & Country 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 $740 at Golfview Village.

What is the most affordable Rantoul Three Bedroom Apartment?

The best deal on a cheap Rantoul Three Bedroom Apartment rental is at South Pointe Commons and starts from $813.

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

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!