40 Mahoning Ave
RantoulIL61866
Cheap Apartments for Rent in Rantoul, IL from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Rantoul.
411 E Campbell Ave
RantoulIL61866
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Rent Specials
$640 - $1,1711 to 3 Bedroom Apartments Available Now
Falcon Way Townhomes
909 N Maplewood DrRantoul, IL 61866
415 E Letchworth Ave
RantoulIL61866
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$6501 Bedroom Apartments Available Now
335 E Campbell Ave, Unit D
335 E Campbell AveRantoul, IL 61866
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$765 - $1,1652 to 4 Bedroom Apartments Available Aug 6
Golfview Village
620 Willow Pond RdRantoul, IL 61866
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.
719 E Sangamon Ave
RantoulIL61866
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2 Bedroom Apartments
Royal Arms
213 Keystone AveRantoul, IL 61866
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2 Bedroom Apartments
Keystone Apartments
253 Keystone DrRantoul, IL 61866
409 E Campbell Ave
RantoulIL61866
1088 Eastview Dr
RantoulIL61866
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1 Bedroom Apartments
West Liberty Point
1320 Mccullough StRantoul, IL 61866
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.
418 N High St
RantoulIL61866
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$499 - $1,3051 to 3 Bedroom Apartments Available Now
Parker Glen
2501 N Neil StChampaign, IL 61820
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$650 - $950Studio to 2 Bedroom Apartments Available Now
Windcrest Apartments
404 Edgebrook DrChampaign, IL 61820
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$725 - $1,0501 to 3 Bedroom Apartments Available Now
Meadowview Apartments - Mahomet
2004 Middletown DrMahomet, IL 61853
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$775 - $1,2001 to 2 Bedroom Apartments Contact Us For Availability
Westgate Apartments
1600 W Bradley AveChampaign, IL 61821
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1 Bedroom Apartments
302 W Locust St
302 W Locust StUrbana, IL 61801
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.
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Rantoul, IL Local Guide
Sunset over Farm by Zoe Rudisill is licensed under CC BY 2.0
How much does it cost to rent an apartment in Rantoul?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rantoul Studio Apartments | $1,063 | $650 | $1,359 |
| Rantoul 1 Bedroom Apartments | $1,199 | $499 | $1,749 |
| Rantoul 2 Bedroom Apartments | $1,335 | $650 | $2,345 |
| Rantoul 3 Bedroom Apartments | $1,307 | $785 | $2,035 |
| Rantoul 4 Bedroom Apartments | $1,215 | $635 | $2,080 |
Browse Top Apartments in Rantoul
See all Apartments in RantoulExplore Rantoul
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 1 Bed unit found at Parker Glen priced from $499. Falcon Way Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $738. Here is today’s list of the most affordable Rantoul apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Glen | 1Bdrm | 1BR,1BA | $499 |
| Falcon Way Townhomes | One Bedroom | 1BR,1BA | $738 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $800 |
| University Park | One Bedroom | 1BR,1BA | $850 |
| Town & Country Apartments | Fairfield | 1BR,1BA | $863 |
Best Value Apartments for Rent in Rantoul, IL and Nearby
As of June 12, 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 D1 Model at Campus Circle Urbana starting at $919 with a $0.65 price per square foot in the Downtown Champaign neighborhood. 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. |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Campus Circle Urbana | D1 | 4BR,4BA | $0.65 |
| Watersedge | Pacific-Level 2 | 3BR,2BA | $1.30 |
| Nantucket Cove Apartments | The Erving | 3BR,3BA | $1.29 |
| The Linc Apartments | 3x3 | 3BR,3BA | $0.69 |
| Meadowview Apartments - Mahomet | Three Bedroom Two Bathroom | 3BR,2BA | $0.87 |
| Parker Glen | 2 Bdrm | 2BR,1BA | $1.29 |
| Town Center Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.14 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| Capstone Quarters | Two Bedroom Select | 2BR,2BA | $0.80 |
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.
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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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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 $499 at Parker Glen.
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 $995 at University Park.
What is the most affordable Rantoul Three Bedroom Apartment?
The best deal on a cheap Rantoul Three Bedroom Apartment rental is at Meadowview Apartments - Mahomet and starts from $960.
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.