Cheap Homes for Rent in Royal, IL from $500 (7 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 202 S Lynn St

202 S Lynn St

UrbanaIL61802

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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 $639. ONYX has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here is today’s list of the most affordable Royal apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Falcon Way TownhomesOne Bedroom1BR,1BA$639
ONYXThe Cottage2BR,1BA$795
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1BA$834

Best Value Apartments for Rent in Royal, IL and Nearby

As of May 10, 2025 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 Three Bedroom Standar Model at Capstone Quarters starting at $625 with a $0.45 price per square foot in the Campustown IL 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
Capstone QuartersThree Bedroom Standar3BR,3BA$0.45
Campus Circle UrbanaD24BR,4BA$0.72
Hunters Pond Apartment HomesTwo Bedroom2BR,2BA$1.29
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1.5BA$0.79
Campus OaksFloorplan A - Price per person4BR,2BA$0.60
Stone Ridge Square2 Bedroom 1 Bath - 935 SF2BR,1BA$1.16
Aspen CourtThe Sugar Maple2BR,1.5BA$1.10
Parkside2 Bedroom 1 Bath 850 SF Upgrade2BR,1BA$1.21
Falcon Way TownhomesOne Bedroom1BR,1BA$1.37

Quick Rent Budget Calculator

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Frequently Asked Questions about Royal

What type of rentals are currently available in Royal?

There are currently 41 Apartments for Rent in Royal, IL with pricing that ranges from $639 to $3,360. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Royal ranging from $525 to $3,950.

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 $525 to $3,950 with an average monthly rent of $1,733.

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 $834 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,040 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $959.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.