Cheap Apartments for Rent in Redmon, IL from $300 (40 Rentals)

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

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.

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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.

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Historic Walnut Square
1 to 3 Bedroom Apartments

Historic Walnut Square

200 S 6th StTerre Haute, IN 47807
  • Utilities Included
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Rider Place
1 to 3 Bedroom Apartments

Rider Place

9 Wills PlArcola, IL 61910
  • Utilities Included

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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600 Marshall Ave
1 to 2 Bedroom Apartments

600 Marshall Ave

600 Marshall AveMattoon, IL 61938

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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The Deming
Studio to 2 Bedroom Apartments

The Deming

615 Cherry StTerre Haute, IN 47807

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-40, Page 1 of 1

Redmon, IL Local Guide

Cheapest Available Redmon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Redmon, IL is a 1 Bed unit found at Anthony Square Senior Apartments in the Downtown Terre Haute neighborhood priced from $525. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Redmon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Anthony Square Senior Apartments1 BR, 1 BA1BR,1BA$525
Union Pointe1 Bedroom1BR,2BA$550
Arbors at Honey Creek2x22BR,2BA$610
Arthur Ave Apartments1x11BR,1BA$610
The Annex of Terre HauteStudio CStudio,1BA$699
616 S 6th St0/1Studio,1BA$699
Brookhaven1 Bed/ 1 Bath1BR,1BA$717
THE GROVE AT FARRINGTON2 Bed 1 Bath2BR,1BA$750
Springhill Apartments1 Bedroom1BR,1BA$750
Winston Terrace2BR/1BA2BR,1BA$795

Best Value Apartments for Rent in Redmon, IL and Nearby

As of June 20, 2026 the best value apartment in the Redmon area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights in the starting from $1,380. The second greatest value Redmon apartment is the 2x2 Model at Arbors at Honey Creek starting at $610 with a $0.57 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Redmon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Panther Heights3 Bed 2.5 Bath3BR,2.5BA$0.99
Arbors at Honey Creek2x22BR,2BA$0.57
NorthwindThe Maple2BR,2BA$0.82
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR,1.5BA$0.38
Winston Terrace2BR/1BA2BR,1BA$0.94
THE GROVE AT FARRINGTON2 Bed 1 Bath2BR,1BA$0.90
Sycamore Place2.1 C2BR,1BA$0.80
Arthur Ave Apartments1x11BR,1BA$0.97
Union Pointe1 Bedroom1BR,2BA$0.92
Anthony Square Senior Apartments2 BR, 1 BA2BR,1BA$1.20

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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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.

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

Explore Redmon, IL Rentals by Map

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See the most popular apartments and homes in Redmon, IL

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Frequently Asked Questions about Cheap Redmon Apartments

What is the Cheapest Studio apartment in Redmon?

Currently the most affordable Cheap Studio Apartment in Redmon is at The Annex of Terre Haute listed at $699.

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

The lowest price for a Cheap One Bedroom Redmon Apartment is $525 at Anthony Square Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Redmon is starting from $610 at Arbors at Honey Creek.

What is the most affordable Redmon Three Bedroom Apartment?

The best deal on a cheap Redmon Three Bedroom Apartment rental is at Arbors at Honey Creek and starts from $706.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.