Cheap Apartments for Rent in Sheldon, IL from $400 (36 Rentals)

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

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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CNC Leasing Group
Studio to 1 Bedroom Apartments

CNC Leasing Group

1214 Columbia StLafayette, IN 47901

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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West Lafayette Apartments
Studio to 3 Bedroom Apartments

West Lafayette Apartments

2601 Soldiers Home RdWest Lafayette, IN 47906
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Bethel Townhomes
3 Bedroom Apartments

Bethel Townhomes

3552-3558 Bethel DrWest Lafayette, IN 47906
Student Housing
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1155 Anthrop Dr
Studio to 2 Bedroom Apartments

1155 Anthrop Dr

1155 Anthrop DrWest Lafayette, IN 47906
Student Housing
  • Utilities Included

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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West Harbor Place
2 to 3 Bedroom Apartments

West Harbor Place

703 W Harbor StKankakee, IL 60901
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The Vintage
Studio Apartments

The Vintage

230 S Grant StWest Lafayette, IN 47906
Student Housing
Showing Results 1-36, Page 1 of 1

Sheldon, IL Local Guide

Cheapest Available Sheldon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sheldon, IL is a 3 Beds unit found at 52 Flats in the Discovery Park neighborhood priced from $498. Brunswick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Sheldon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
52 Flats3BD 1.5BA DUPLEX - PER BD3BR,1BA$498
Brunswick ApartmentsStudioStudio,1BA$625
Falcon Way TownhomesOne Bedroom1BR,1BA$668
The Grove1 Bed 1 Bath1BR,1BA$726
West Lafayette ApartmentsStudio AvailableStudio,1BA$750
Downtown Lafayette Living!Studio1BR,1BA$795
Historic Downtown Apartments II2x12BR,1BA$800
Townway Place1 Beds, 1 Baths1BR,1BA$825
The Luna FlatsLuna Flats - 2-bed/2-bath (2C) **limited time o...2BR,2BA$850
Crestview ApartmentsCrestview II+Studio,1BA$870

Best Value Apartments for Rent in Sheldon, IL and Nearby

As of September 07, 2025 the best value apartment in the Sheldon area is the $1.21 price per square foot 2 Bed 2 Bath Private Entry Model at Devonshire Village in the starting from $1,450. The second greatest value Sheldon apartment is the 2 BEDROOM 2.5 BATH Model at The Cottages on Lindberg starting at $899 with a $0.77 price per square foot in the Discovery Park neighborhood. Here is today’s list of the best values for Sheldon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Devonshire Village2 Bed 2 Bath Private Entry2BR,2BA$1.21
The Cottages on Lindberg2 BEDROOM 2.5 BATH2BR,2.5BA$0.77
Village West2x12BR,1BA$0.77
Lodge on the TrailColorado-PREM2BR,2BA$1.02
Madison Cottage of Rensselaer1x11BR,1BA$1.03
Franklin Park ApartmentsThe Twain2BR,1BA$1.21
The OasisPremium 2bd/2bth Apt Living Near Purdue University2BR,2BA$1.11
The Grove1 Bed 1 Bath1BR,1BA$0.97
Shai Lynn1bd/1bth1BR,1BA$1.29
Historic Downtown Apartments II2x12BR,1BA$1.28

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Pet Friendly Lifestyle
Sheldon, IL

Ranked #14

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Sheldon, IL Rentals by Map

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See the most popular apartments and homes in Sheldon, IL

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Getting Around Sheldon, IL

Walk Score®

9 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Sheldon Apartments

What is the Cheapest Studio apartment in Sheldon?

Currently the most affordable Cheap Studio Apartment in Sheldon is at Brunswick Apartments listed at $625.

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

The lowest price for a Cheap One Bedroom Sheldon Apartment is $668 at Falcon Way Townhomes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Sheldon is starting from $612 at 52 Flats.

What is the most affordable Sheldon Three Bedroom Apartment?

The best deal on a cheap Sheldon Three Bedroom Apartment rental is at 52 Flats and starts from $498.

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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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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.