
Cheap Apartments for Rent in Roanoke, IL from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Roanoke.


Colonial Village

Summertree Rental Residences

Knoxville Manor Apartments

Forest Park Apartments

Winkler Village Apartments

Versailles 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.

Ironwood Gardens Apartments

The Village on University

Glenbrook Apartments

Civic Center Plaza Apartments

Crestwood Apartments

Morton Estates

Lincoln Square Apartments
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.

Timberbrook Apartments

504 S Sweetbriar Dr

1711 N Peoria Ave

Hanssler Court Apartments

1512 E Gardner Ln

Glen Oak Manor

The Hillsides
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.

611 W Matthews St

415-421 W Forrest Lawn 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 | $1,225 | $700 | $4,666 |
| Roanoke 1 Bedroom Apartments | $1,133 | $600 | $4,378 |
| Roanoke 2 Bedroom Apartments | $1,376 | $664 | $7,021 |
| Roanoke 3 Bedroom Apartments | $1,423 | $798 | $2,100 |
| Roanoke 4 Bedroom Apartments | $1,229 | $709 | $2,250 |
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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 Linn St Commons in the Averyville neighborhood priced from $600. Colonial Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Roanoke apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Linn St Commons | 1BR/1BA | 1BR,1BA | $600 |
| Colonial Village | 1 Bedroom | 1BR,1BA | $625 |
| Knoxville Manor Apartments | Garden Level | 1BR,1BA | $675 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
| Versailles Apartments | Monarch - 1BR / 1BA | 1BR,1BA | $740 |
Best Value Apartments for Rent in Roanoke, IL and Nearby
As of January 28, 2026 the best value apartment in the Roanoke area is the $0.90 price per square foot 3 Bedroom 1.5 Bathroom Townhouse Model at Lincoln Square Apartments in the starting from $1,090. The second greatest value Roanoke apartment is the 2x2 Model at Cedar Creek Apartments starting at $1,395 with a $1.16 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. |
|---|---|---|---|
| Lincoln Square Apartments | 3 Bedroom 1.5 Bathroom Townhouse | 3BR,1.5BA | $0.90 |
| Cedar Creek Apartments | 2x2 | 2BR,2BA | $1.16 |
| 504 S Sweetbriar Dr | 2 Beds, 1 Baths | 2BR,1BA | $0.95 |
| BayOak | Bay | 2BR,2BA | $1.18 |
| Woodfield Queenwood Apartments | Two Bedrooms- Woodfield | 2BR,1BA | $1.08 |
| Crestwood Apartments | 2 bed 1 bath * | 2BR,1BA | $0.94 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
| Linn St Commons | 1BR/1BA | 1BR,1BA | $0.87 |
| Versailles Apartments | Monarch - 1BR / 1BA | 1BR,1BA | $1.17 |
| 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 Ironwood Gardens Apartments listed at $766.
How much is rent for a Cheap One Bedroom Roanoke Apartment?
The lowest price for a Cheap One Bedroom Roanoke Apartment is $600 at Linn St Commons.
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 $800 at Glen Oak Manor.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.