
Cheap Apartments for Rent in Rantoul, IL from $400 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Rantoul.


Falcon Way Townhomes

1088 Eastview Dr
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.

1320 McCullough St

Windcrest Apartments

Meadowview Apartments - Mahomet

Town & Country Apartments
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.

Westgate Apartments

Bailey Student Apartments Available 2025!
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.

Element on Main

202 S Lynn St
Rantoul, IL Local Guide

How much does it cost to rent an apartment in Rantoul?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Rantoul Studio Apartments | $1,056 | $615 | $1,409 |
Rantoul 1 Bedroom Apartments | $1,007 | $652 | $1,689 |
Rantoul 2 Bedroom Apartments | $1,244 | $595 | $2,255 |
Rantoul 3 Bedroom Apartments | $1,232 | $836 | $1,800 |
Rantoul 4 Bedroom Apartments | $1,448 | $959 | $2,000 |
Browse Top Apartments in Rantoul
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Rantoul, IL Local Guide
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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 $615. Parker Glen has the second lowest priced unit, which is a 3 Beds apartment currently listed from $680. Here is today’s list of the most affordable Rantoul apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Windcrest Apartments | Studio / 1 Bathroom | Studio,1BA | $615 |
Parker Glen | 3 Bedroom | 3BR,2BA | $680 |
Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $810 |
Bailey Student Apartments Available 2025! | 901 W Springfield - 2/1 | 2BR,1BA | $900 |
Town & Country Apartments | Brentwood | 1BR,1BA | $915 |
Best Value Apartments for Rent in Rantoul, IL and Nearby
As of June 24, 2025 the best value apartment in the Rantoul area is the $0.61 price per square foot South Pointe 4bd/1.5ba Duplex w/ Carport & Bas... Model at South Pointe Commons in the starting from $1,212. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
South Pointe Commons | South Pointe 4bd/1.5ba Duplex w/ Carport & Bas... | 4BR,1.5BA | $0.61 |
200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
Capstone Quarters | Three Bedroom Standar | 3BR,3BA | $0.40 |
Campus Circle Urbana | D2 | 4BR,4BA | $0.72 |
208 N Harvey St | 2 Bed / 1 Bath | 2BR,1BA | $1.18 |
111 N Chanute St, Unit 111 | 111 N Chanute St | 2BR,1BA | $1.06 |
Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $0.99 |
Parker Glen | 1 Bedroom | 1BR,1BA | $1.49 |
425 E Campbell Ave, Unit H | 425 E Campbell Ave | 2BR,1BA | $0.85 |
The Quarters | 1x1 | 1BR,1BA | $1.58 |
Quick Rent Budget Calculator
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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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 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 $810 at Meadowview Apartments - Mahomet.
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.

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.

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.

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.

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.