Cheap Apartments for Rent near Roanoke, IL from $500 (26 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
2112-2117 N Linn St
1 Bedroom Apartments

2112-2117 N Linn St

2112-2117 N Linn StPeoria, IL 61604
  • Utilities Included

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.

Read Article
close
View Me
1512 E Gardner Ln
3 Bedroom Apartments

1512 E Gardner Ln

1512 E Gardner LnPeoria Heights, IL 61616
close
View Me
Glen Oak Manor
2 Bedroom Apartments

Glen Oak Manor

2310 N Wisconsin AvePeoria, IL 61603
close
View Me
The Hillsides
1 to 2 Bedroom Apartments

The Hillsides

4731 N Galena RdPeoria Heights, IL 61616
  • Utilities Included

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.

Read Article
Showing Results 1-26, Page 1 of 1

Roanoke, IL Local Guide

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 ListingModel NameBed/BathPriced From
Colonial Village1 Bedroom1BR,1BA$625
Winkler Village Apartments1BD 1BTH1BR,1BA$725
Glen Oak Manor2BR/1.0BA2BR,1BA$800
Civic Center Plaza ApartmentsStudioStudio,1BA$825
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$825
Morton Estates1 Bedroom1BR,1BA$850
The Village on UniversityKing Remodel at Village NorthStudio,1BA$855
The Hillsides1BDR1BR,1BA$875
Versailles ApartmentsTradition - 1BR / 1BA1BR,1BA$880
EMR Apartments1/1 Standard1BR,1BA$897

Best Value Apartments for Rent in Roanoke, IL and Nearby

As of August 08, 2026 the best value apartment in the Roanoke area is the $0.54 price per square foot The Reggie Renovated Model at The Social Normal in the starting from $679. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Social NormalThe Reggie Renovated4BR,4BA$0.54
Cedar Creek Apartments2x22BR,2BA$1.16
Harvest View2 Bed / 2 Bath | Upper Level2BR,2BA$1.21
Woodfield Queenwood ApartmentsTwo Bedrooms- Woodfield2BR,1BA$1.08
The Mallard Way Rental Community1 bed 1 bath1BR,1BA$1.22
Versailles ApartmentsTradition - 1BR / 1BA1BR,1BA$1.13
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.18
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Glen Oak Manor2BR/1.0BA2BR,1BA$1.23
Colonial Village1 Bedroom1BR,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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Roanoke, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Roanoke, IL

View Map
Roanoke, IL Apartments Map
View Map
Roanoke, IL Rental Homes Map

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 $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 The Mallard Way Rental Community and starts from $1,200.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.