Cheap Apartments for Rent near Royal, IL from $600 (40 Rentals)

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

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.

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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.

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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

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.

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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
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Windsor Duplexes
2 Bedroom Apartments

Windsor Duplexes

907 E Harding DrUrbana, IL 61801

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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property at 1113 W Hill St

$1,050 - $2,000

2 To 5 Bedroom Rentals

Available Aug 7

1113 W Hill St

UrbanaIL61801
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Aspen Court
1 to 3 Bedroom Apartments

Aspen Court

1557 S Hunter StUrbana, IL 61802
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1003 W Stoughton
1 to 2 Bedroom Apartments

1003 W Stoughton

1003 W Stoughton StUrbana, IL 61801
Corporate Housing
  • Utilities Included

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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Showing Results 1-40, 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 West Liberty Point 1BR priced from $725. 2008 S Vawter St has the second lowest priced unit, which is a 4 Beds apartment currently listed from $800. Here is today’s list of the most affordable Royal apartments for rent:

Apartment ListingModel NameBed/BathPriced From
West Liberty Point 1BRWest Liberty Point 1BR - West...1BR,1BA$725
2008 S Vawter St4 Beds4BR,2BA$800
Urbana Estates1x1Urbana Estates1BR,1BA$800
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1BA$931
Town & Country ApartmentsGaslight1BR,1BA$982
Eastland ApartmentsStudio ApartmentStudio,1BA$995
Fairlawn Village1 Bedroom Standard1BR,1BA$1,000
Parkside2 Bedroom 1 Bath - 850 SF2BR,1BA$1,080
Aspen CourtThe Post Oak3BR,1BA$1,112
202 RaceBeautiful 2BD Condo in Downtown Urbana!2BR,1BA$1,182

Best Value Apartments for Rent in Royal, IL and Nearby

As of July 28, 2026 the best value apartment in the Royal area is the $0.60 price per square foot D1 Model at Campus Circle Urbana in the in the Downtown Champaign neighborhood starting from $839. The second greatest value Royal apartment is the D3 Model at The Dean Campustown starting at $1,210 with a $0.93 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.
Campus Circle UrbanaD14BR,4BA$0.60
The Dean CampustownD34BR,4BA$0.93
The Linc Apartments3x33BR,3BA$0.65
2008 S Vawter St3 Beds3BR,1BA$1.05
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1.5BA$0.89
Campus OaksFloorplan A - Price per person4BR,2BA$0.75
Capstone QuartersTwo Bedroom Select2BR,2BA$0.80
The MansionIndividual Bedroom Leases3BR,1BA$0.61
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 $725 at West Liberty Point 1BR.

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 $900 at Urbana Estates.

What is the most affordable Royal Three Bedroom Apartment?

The best deal on a cheap Royal Three Bedroom Apartment rental is at South Pointe Commons and starts from $931.

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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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 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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.