
Cheap Homes for Rent in Rantoul, IL from $595 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Rantoul.


1605 N Willow Rd

1320 Yakel St

2507 Clifton Dr

1957 County Rd 3000 N

108 S 5th St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1113 W Hill St

805 N Busey Ave

908 N Gregory St

1008 N Mckinley Ave

913 N Gregory St

43 Mahoning Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1905 Christopher Cir
Rantoul, IL Local Guide

How much does it cost to rent a home in Rantoul?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rantoul 2 Bedroom Homes for Rent | $1,141 | $875 | $1,950 |
| Rantoul 3 Bedroom Homes for Rent | $1,772 | $1,100 | $5,000 |
| Rantoul 4 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
| Rantoul 7 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Top Homes for Rent 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 1 Bed unit found at Parker Glen priced from $533. West Liberty Point 1BR has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. 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 | $533 |
| West Liberty Point 1BR | West Liberty Point 1BR - West... | 1BR,1BA | $725 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $800 |
| Town Center Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $830 |
| Eastland Apartments | Studio Apartment | Studio,1BA | $845 |
Best Value Apartments for Rent in Rantoul, IL and Nearby
As of September 11, 2026 the best value apartment in the Rantoul area is the $0.66 price per square foot D2 Model at Campus Circle Urbana in the in the Downtown Champaign neighborhood starting from $899. The second greatest value Rantoul apartment is the 4x2 Model at The Forge on Lincoln starting at $655 with a $0.55 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. |
|---|---|---|---|
| Campus Circle Urbana | D2 | 4BR,4BA | $0.66 |
| The Forge on Lincoln | 4x2 | 4BR,2BA | $0.55 |
| Golfview Village | The McGavin | 3BR,1.5BA | $0.73 |
| Town Center Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $0.70 |
| The Foundry | 3x3 | 3BR,3BA | $0.65 |
| Capstone Quarters | Two Bedroom Standard | 2BR,2BA | $0.73 |
| Garden Court | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.03 |
| The Mansion | Individual Bedroom Leases | 3BR,1BA | $0.61 |
| 808 N Lincoln Ave. Urbana, IL | 2 Bed / 1 Bath | 2BR,1BA | $1.15 |
| Parker Glen | 1Bdrm | 1BR,1BA | $0.72 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Best Local Schools in Rantoul, IL
Broadmeadow Elementary School
Northview Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rantoul, IL Rentals by Map
See the most popular apartments and homes in Rantoul, IL
Frequently Asked Questions about Rantoul
What type of rentals are currently available in Rantoul?
There are currently 61 Apartments for Rent in Rantoul, IL with pricing that ranges from $533 to $2,787. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rantoul ranging from $595 to $5,500.
What is the current price range for Rental Homes in Rantoul?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rantoul ranges from $595 to $5,500 with an average monthly rent of $1,648.
How much are larger Three and Four Bedroom Rentals in Rantoul?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rantoul range from $714 to $2,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $637.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.