Cheap Homes for Rent in Roanoke, IL from $700 (18 Rentals)

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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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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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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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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 Morton Estates priced from $408. Linn St Commons in the Averyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Roanoke apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morton Estates1 Bedroom1BR,1BA$408
Linn St Commons1BR/1BA1BR,1BA$600
Colonial Village1 Bedroom1BR,1BA$625
Knoxville Manor ApartmentsGarden Level1BR,1BA$675
Stonecrest1 Bedroom1BR,1BA$725

Best Value Apartments for Rent in Roanoke, IL and Nearby

As of September 26, 2025 the best value apartment in the Roanoke area is the $0.66 price per square foot 3 Bed 1 Bath Model at 1512 E Gardner Ln in the in the Northmoor Knolls neighborhood starting from $795. The second greatest value Roanoke apartment is the Oakbrook | 2 Bedroom/2 Bath Model at BayOak Apartments starting at $1,133 with a $0.96 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.
1512 E Gardner Ln3 Bed 1 Bath3BR,1BA$0.66
BayOak ApartmentsOakbrook | 2 Bedroom/2 Bath2BR,2BA$0.96
Lincoln Square Apartments2 Bedroom 1.5 Bath Townhouse.2BR,1.5BA$1.03
Woodfield Queenwood ApartmentsTwo Bedrooms- Woodfield2BR,1BA$1.08
504 S Sweetbriar DrModel2BR,1BA$1.11
Versailles ApartmentsJewel - 1BR / 1BA1BR,1BA$1.10
Crestwood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.14
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Linn St Commons1BR/1BA1BR,1BA$0.87
Colonial Village1 Bedroom1BR,1BA$1.14

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

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Frequently Asked Questions about Roanoke

What type of rentals are currently available in Roanoke?

There are currently 44 Apartments for Rent in Roanoke, IL with pricing that ranges from $408 to $7,021. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Roanoke ranging from $724 to $2,900.

What is the current price range for Rental Homes in Roanoke?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Roanoke ranges from $724 to $2,900 with an average monthly rent of $1,112.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.