
Cheap Apartments for Rent near Roanoke, IL from $625 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Roanoke.


Clifton Place

Summertree Rental Residences

Forest Park Apartments

Winkler Village Apartments

Glenbrook Apartments

Civic Center Plaza Apartments

Crestwood Apartments
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.

Knoxville Manor

Morton Estates

Ironwood Gardens Apartments

The Village on University

Lincoln Square Apartments

Carriage Hill Apartments

1415 W Chestnut St

Stonecrest
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.

Versailles Apartments

Timberbrook Apartments

Creekwood Apartments

The Current Apartments!

Cedar Creek Apartments

Woodfield Queenwood Apartments

Mel Hasty Retirement Center

228 E Oak Cliff Ct
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.

EMR Apartments

Briarwood II

The Mallard Way Rental Community

1806 N Peoria Ave

1711 N Peoria Ave

505 E Virginia Ave

517 Vine St

2112-2117 N Linn St
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.

1118 E Samuel Ave

Hanssler Court Apartments

Glen Oak Manor

The Hillsides

1512 E Gardner Ln

415-421 W Forrest Lawn Ave

5008 Knoxville Ave

Parkview Apartments
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.

1101 Cambridge Dr

814 W McClure Ave
Roanoke, IL Local Guide

How much does it cost to rent an apartment in Roanoke?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Roanoke Studio Apartments | $1,595 | $700 | $3,022 |
| Roanoke 1 Bedroom Apartments | $1,371 | $640 | $4,224 |
| Roanoke 2 Bedroom Apartments | $1,557 | $664 | $6,092 |
| Roanoke 3 Bedroom Apartments | $1,496 | $798 | $2,300 |
| Roanoke 4 Bedroom Apartments | $1,351 | $659 | $2,499 |
Browse Top Apartments in Roanoke
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Roanoke, IL Local Guide
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Cheapest Available Roanoke Apartments for Rent and Nearby
 The cheapest available apartment rental in Roanoke, IL is a 1 Bed unit found at Colonial Village priced from $625. Winkler Village Apartments in the Woodford County neighborhood 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 Roanoke apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colonial Village | 1 Bedroom | 1BR, 1BA | $625 |
| Winkler Village Apartments | 1BD 1BTH | 1BR, 1BA | $725 |
| Civic Center Plaza Apartments | Studio | Studio, 1BA | $825 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $825 |
| Morton Estates | 1 Bedroom | 1BR, 1BA | $850 |
| Knoxville Manor | 1BR/1.0BA | 1BR, 1BA | $850 |
| Ironwood Gardens Apartments | Studio | Studio, 1BA | $851 |
| 1512 E Gardner Ln | 1BR/1.0BA | 1BR, 1BA | $875 |
| The Village on University | Brooks - Garden Level | 2BR, 1BA | $945 |
| Woodfield Queenwood Apartments | Two Bedrooms- Woodfield | 2BR, 1BA | $1,015 |
Best Value Apartments for Rent in Roanoke, IL and Nearby
As of September 22, 2026 the best value apartment in the Roanoke area is the $1.44 price per square foot 3 Beds, 2.5 baths Model at Chelsea Townhouses starting from $2,300. The second greatest value Roanoke apartment is the The Reggie Renovated Model at The Social Normal starting at $679 with a $0.54 price per square foot. Here is today’s list of the best values for Roanoke apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Chelsea Townhouses | 3 Beds, 2.5 baths | 3BR, 2.5BA | $1.44 |
| The Social Normal | The Reggie Renovated | 4BR, 4BA | $0.54 |
| The Atworth | 2 Bedroom 2 Bathroom | 2BR, 2BA | $1.42 |
| Lincoln Square Apartments | 2 Bedroom 1.5 Bath Townhouse. | 2BR, 1.5BA | $1.07 |
| The Mallard Way Rental Community | 1 bed 1 bath | 1BR, 1BA | $1.22 |
| Crestwood Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $1.18 |
| Knoxville Manor | 1BR/1.0BA | 1BR, 1BA | $1.21 |
| Winkler Village Apartments | 1BD 1BTH | 1BR, 1BA | $1.06 |
| Civic Center Plaza Apartments | Studio | Studio, 1BA | $1.38 |
| Colonial Village | 1 Bedroom | 1BR, 1BA | $1.14 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Roanoke, IL Rentals by Map
See the most popular apartments and homes in Roanoke, IL
Frequently Asked Questions about Cheap Roanoke Apartments
What is the Cheapest Studio apartment in Roanoke?
Currently the most affordable Cheap Studio Apartment in Roanoke is at Civic Center Plaza Apartments listed at $825.
How much is rent for a Cheap One Bedroom Roanoke Apartment?
The lowest price for a Cheap One Bedroom Roanoke Apartment is $625 at Colonial Village.
What is the lowest price for a Cheap Two Bedroom Roanoke Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Roanoke is starting from $900 at Crestwood Apartments.
What is the most affordable Roanoke Three Bedroom Apartment?
The best deal on a cheap Roanoke Three Bedroom Apartment rental is at Lincoln Square Apartments and starts from $1,090.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.