Cheap Apartments for Rent in Royal, IL from $600 (36 Rentals)

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

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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705 W Elm St
Studio to 4 Bedroom Apartments

705 W Elm St

705 W Elm StUrbana, IL 61801
Corporate Housing
  • Utilities Included
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302 W Locust St
1 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801

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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West Liberty Point
1 Bedroom Apartments

West Liberty Point

1320 Mccullough StRantoul, IL 61866
  • Utilities Included
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106 N gregory
1 Bedroom Apartments

106 N gregory

106 N Gregory StUrbana, IL 61801
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211 N Central
1 Bedroom Apartments

211 N Central

211 N Central AveUrbana, IL 61801

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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Windsor Duplexes
2 Bedroom Apartments

Windsor Duplexes

907 E Harding DrUrbana, IL 61801
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Aspen Court
1 to 3 Bedroom Apartments

Aspen Court

1557 S Hunter StUrbana, IL 61802

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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Showing Results 1-36, Page 1 of 1

Royal, IL Local Guide

Cheapest Available Royal Apartments for Rent and Nearby

 

The cheapest available apartment rental in Royal, IL is a 1 Bed unit found at Falcon Way Townhomes priced from $738. Urbana Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Royal apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Falcon Way TownhomesOne Bedroom1BR,1BA$738
Urbana Estates1x1Urbana Estates1BR,1BA$800
University ParkOne Bedroom1BR,1BA$850
Prairie Green Apartment Homes2 x 12BR,1BA$850
Town & Country ApartmentsFairfield1BR,1BA$863
Element on MainStudioStudio,1BA$875
Aspen CourtThe Sugar Maple2BR,1BA$985
Eastland ApartmentsStudio ApartmentStudio,1BA$1,050
Parkside2 Bedroom 1 Bath - 850 SF2BR,1BA$1,080
Bailey Student Apartments Available 2026!111 S Lincoln 2Br2BR,1BA$1,100

Best Value Apartments for Rent in Royal, IL and Nearby

As of June 12, 2026 the best value apartment in the Royal area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Royal apartment is the D1 Model at Campus Circle Urbana starting at $919 with a $0.65 price per square foot in the Downtown Champaign neighborhood. Here is today’s list of the best values for Royal apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1.07
Campus Circle UrbanaD14BR,4BA$0.65
The Linc Apartments3x33BR,3BA$0.69
Campus OaksFloorplan A - Price per person4BR,2BA$0.75
Parkside2 Bedroom 1 Bath 850 SF Upgrade2BR,1BA$1.42
University ParkTwo Bedroom2BR,1BA$1.17
Prairie Green Apartment Homes2 x 12BR,1BA$1.02
Capstone QuartersTwo Bedroom Select2BR,2BA$0.80
Urbana Estates1x1Urbana Estates1BR,1BA$1.22
The AtriumSingle (shared common area)1BR,1BA$1.33

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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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.

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

Explore Royal, IL Rentals by Map

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See the most popular apartments and homes in Royal, IL

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Frequently Asked Questions about Cheap Royal Apartments

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

The lowest price for a Cheap One Bedroom Royal Apartment is $742 at Falcon Way Townhomes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Royal is starting from $850 at Prairie Green Apartment Homes.

What is the most affordable Royal Three Bedroom Apartment?

The best deal on a cheap Royal Three Bedroom Apartment rental is at Urbana Estates and starts from $1,000.

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

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.