526 E Main St
HoopestonIL60942
Cheap Homes for Rent near Sheldon, IL from $525 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Sheldon.
619 W Elm St
HoopestonIL60942
123 E Attica St
RossvilleIL60963
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.
312 Holmes Ave
RossvilleIL60963
111 E 3rd St
OtterbeinIN47970
15986 Arrowhead Rd
DanvilleIL61834
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.
203 S Elm Ave
KankakeeIL60901
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Sheldon, IL Local Guide
Wind farms in Illinois by bradhoc is licensed under CC BY 2.0
How much does it cost to rent a home in Sheldon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sheldon 2 Bedroom Homes for Rent | $1,185 | $595 | $1,750 |
| Sheldon 3 Bedroom Homes for Rent | $1,772 | $1,300 | $2,600 |
| Sheldon 4 Bedroom Homes for Rent | $1,949 | $1,195 | $2,500 |
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Sheldon, IL Local Guide
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Cheapest Available Sheldon Apartments for Rent and Nearby
The cheapest available apartment rental in Sheldon, IL is a 1 Bed unit found at Southfork Apartments in the Discovery Park neighborhood priced from $499. Fairway Apartments in the Discovery Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $589. Here is today’s list of the most affordable Sheldon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southfork Apartments | 1BR/1.0BA | 1BR,1BA | $499 |
| Fairway Apartments | Kingston | Text to Tour 765-735-3515. Priced pe... | 2BR,1BA | $589 |
| 271 | 2 bedroom/1 bath- rent by the room (female & ma... | 2BR,1BA | $675 |
Best Value Apartments for Rent in Sheldon, IL and Nearby
As of September 07, 2026 the best value apartment in the Sheldon area is the $0.34 price per square foot 3 Bedroom x 3.5 Bathroom Townhouse Model at Lark West Lafayette Townhomes in the starting from $649. The second greatest value Sheldon apartment is the 3 BEDROOM 3 BATH Model at The Cottages on Lindberg starting at $649 with a $0.51 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lark West Lafayette Townhomes | 3 Bedroom x 3.5 Bathroom Townhouse | 3BR,3.5BA | $0.34 |
| The Cottages on Lindberg | 3 BEDROOM 3 BATH | 3BR,3BA | $0.51 |
| Station 21 | South Street Station | 2BR,2BA | $0.86 |
| Village West | 2x1 | 2BR,1BA | $0.79 |
| Highland Apartments | 2 Bedroom | 2BR,1BA | $0.87 |
| Lodge on the Trail | Colorado-PREM | 2BR,2BA | $0.73 |
| Wabash Lofts | 2x2 | 2BR,2BA | $0.82 |
| Victory on Salisbury | 3BR/1BA | 3BR,1BA | $0.98 |
| Woods Edge | The Boilermaker | 1BR,1BA | $1.07 |
| 271 | 2BR/1.0BA | 2BR,1BA | $1.07 |
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 Article
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.
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.
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See the most popular apartments and homes in Sheldon, IL
Frequently Asked Questions about Sheldon
What type of rentals are currently available in Sheldon?
There are currently 83 Apartments for Rent in Sheldon, IL with pricing that ranges from $454 to $9,999. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sheldon ranging from $525 to $2,600.
What is the current price range for Rental Homes in Sheldon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sheldon ranges from $525 to $2,600 with an average monthly rent of $1,434.
How much are larger Three and Four Bedroom Rentals in Sheldon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Sheldon range from $454 to $3,372, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $499.
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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.