
Cheap Homes for Rent in Royal, IL from $400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Royal.


409 E Campbell Ave

1088 Eastview Dr

606 E Elm St

418 N High St

1306 E Michigan Ave
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.

807 E Park St

904 N Broadway Ave

1002 Harding Dr

906 E Harding Dr

1905 Christopher Cir

1605 N Willow Rd
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.
Royal, IL Local Guide

How much does it cost to rent a home in Royal?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Royal 2 Bedroom Homes for Rent | $1,123 | $425 | $1,595 |
| Royal 3 Bedroom Homes for Rent | $1,865 | $1,350 | $3,300 |
| Royal 4 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
| Royal 7 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Top Homes for Rent in Royal
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Royal, IL Local Guide
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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 $768. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Falcon Way Townhomes | One Bedroom | 1BR,1BA | $768 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $800 |
| University Park | One Bedroom | 1BR,1BA | $850 |
| Prairie Green Apartment Homes | 2 x 1 | 2BR,1BA | $850 |
| Town & Country Apartments | Fairfield | 1BR,1BA | $860 |
Best Value Apartments for Rent in Royal, IL and Nearby
As of June 08, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
| Campus Circle Urbana | D1 | 4BR,4BA | $0.65 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| The Linc Apartments | 2x2 | 2BR,2BA | $0.88 |
| Parkside | 2 Bedroom 1 Bath 850 SF Upgrade | 2BR,1BA | $1.42 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| Prairie Green Apartment Homes | 2 x 1 | 2BR,1BA | $1.02 |
| Capstone Quarters | Two Bedroom Select | 2BR,2BA | $0.80 |
| Urbana Estates | 1x1Urbana Estates | 1BR,1BA | $1.22 |
| The Atrium | Single (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.
Read ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Royal
What type of rentals are currently available in Royal?
There are currently 46 Apartments for Rent in Royal, IL with pricing that ranges from $635 to $3,360. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Royal ranging from $425 to $6,000.
What is the current price range for Rental Homes in Royal?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Royal ranges from $425 to $6,000 with an average monthly rent of $2,387.
How much are larger Three and Four Bedroom Rentals in Royal?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Royal range from $785 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $635.
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

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.

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.

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.