Cheap Apartments for Rent in Sullivan, IL from $413 (40 Rentals)

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

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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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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Rider Place
1 to 3 Bedroom Apartments

Rider Place

9 Wills PlArcola, IL 61910
  • Utilities Included
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616 S 6th St
Studio to 2 Bedroom Apartments

616 S 6th St

616 S 6th StMattoon, IL 61938
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600 Marshall Ave
1 to 2 Bedroom Apartments

600 Marshall Ave

600 Marshall AveMattoon, IL 61938

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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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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Sullivan, IL Local Guide

Cheapest Available Sullivan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sullivan, IL is a 1 Bed unit found at Country Place-Moweaqua I & ll priced from $497. Roosevelt School Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $502. Here is today’s list of the most affordable Sullivan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Place-Moweaqua I & ll1 Bedroom1BR, 1BA$497
Roosevelt School ApartmentsStudioStudio, 1BA$502
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR, 1BA$507
Westport ApartmentsTwo Bedroom2BR, 2BA$554
Arthur Ave Apartments1x11BR, 1BA$610
Kobuck Apartments1204 Wesley Ave 1bd/1ba1BR, 1BA$825
Campus Suites1 Bed 1 Bath1BR, 1BA$830
Park Place1639, 2 bed + study2BR, 1BA$850
Stones Crossing Apartments2 BDRM Wellington2BR, 1BA$865
2474 N Florian62BR, 1BA$900

Best Value Apartments for Rent in Sullivan, IL and Nearby

As of September 23, 2026 the best value apartment in the Sullivan area is the $0.51 price per square foot 5BR/2.0BA Model at 6th St Apartments starting from $1,620. The second greatest value Sullivan apartment is the 3 Bed 2.5 Bath Model at Panther Heights starting at $1,380 with a $0.99 price per square foot. Here is today’s list of the best values for Sullivan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6th St Apartments5BR/2.0BA5BR, 2BA$0.51
Panther Heights3 Bed 2.5 Bath3BR, 2.5BA$0.99
The Millennium ApartmentsMillennium Apartments 2BR/2BA 26/27 Waiting List2BR, 2BA$0.51
Melrose on 4thMelrose Apartments 2BR/2BA 26/27 Waiting List2BR, 2BA$0.55
Westport ApartmentsTwo Bedroom2BR, 2BA$0.58
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR, 1.5BA$0.38
Roosevelt School Apartments1 Bedroom1BR, 1BA$0.64
Country Place-Moweaqua I & ll1 Bedroom1BR, 1BA$0.76
Arthur Ave Apartments1x11BR, 1BA$0.97
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR, 1BA$0.69

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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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.

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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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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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Sullivan, IL

School data provided by Great Schools

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

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Frequently Asked Questions about Cheap Sullivan Apartments

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

The lowest price for a Cheap One Bedroom Sullivan Apartment is $421 at RESERVE AT LAKEVIEW.

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

Today's best deal for a Cheap Two Bedroom Apartment in Sullivan is starting from $507 at RESERVE AT LAKEVIEW.

What is the most affordable Sullivan Three Bedroom Apartment?

The best deal on a cheap Sullivan Three Bedroom Apartment rental is at Roosevelt School Apartments and starts from $641.

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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.