
Cheap Apartments for Rent in Thawville, IL from $400 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Thawville.


Parker Glen

Falcon Way Townhomes

Windcrest Apartments

Meadowview Apartments - Mahomet

Golfview Village

Westgate Apartments
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.

Phoenix Apartments of Pontiac

Twin Oaks

University Park

Town & Country Apartments

808 N Lincoln Ave. Urbana, IL

Garden Court

Carisbrooke Apartments
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.

526 E Main St

409 E Campbell Ave

1088 Eastview Dr

West Liberty Point

418 N High St

1605 N Willow Rd

426 W Maple St
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.
Thawville, IL Local Guide

How much does it cost to rent an apartment in Thawville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thawville Studio Apartments | $862 | $650 | $1,050 |
| Thawville 1 Bedroom Apartments | $1,159 | $499 | $1,749 |
| Thawville 2 Bedroom Apartments | $1,395 | $732 | $2,345 |
| Thawville 3 Bedroom Apartments | $1,288 | $785 | $2,035 |
| Thawville 4 Bedroom Apartments | $1,208 | $635 | $1,934 |
Browse Top Apartments in Thawville
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Thawville, IL Local Guide
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Cheapest Available Thawville Apartments for Rent and Nearby
 The cheapest available apartment rental in Thawville, IL is a 1 Bed unit found at Parker Glen priced from $499. Falcon Way Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $742. Here is today’s list of the most affordable Thawville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Glen | 1Bdrm | 1BR,1BA | $499 |
| Falcon Way Townhomes | One Bedroom | 1BR,1BA | $742 |
| Phoenix Apartments of Pontiac | One Bedroom Deluxe | 1BR,1BA | $795 |
| Twin Oaks | 2423 W. Bradley Ave | 1BR,1BA | $800 |
| Windcrest Apartments | 1 Bedroom / 1 Bathroom | 1BR,1BA | $800 |
Best Value Apartments for Rent in Thawville, IL and Nearby
As of June 13, 2026 the best value apartment in the Thawville area is the $0.80 price per square foot South Pointe 4bd/2.5ba Townhouse Model at South Pointe Commons in the starting from $1,400. The second greatest value Thawville apartment is the Juniper Model at Middletown Place Apartments starting at $1,760 with a $1.24 price per square foot . Here is today’s list of the best values for Thawville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| South Pointe Commons | South Pointe 4bd/2.5ba Townhouse | 4BR,2.5BA | $0.80 |
| Middletown Place Apartments | Juniper | 2BR,2BA | $1.24 |
| Campus Circle Urbana | D1 | 4BR,4BA | $0.65 |
| Nantucket Cove Apartments | The Erving | 3BR,3BA | $1.29 |
| The Linc Apartments | 3x3 | 3BR,3BA | $0.69 |
| Meadowview Apartments - Mahomet | Three Bedroom Two Bathroom | 3BR,2BA | $0.87 |
| Town Center Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.14 |
| Phoenix Apartments of Pontiac | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
| University Park | Two Bedroom | 2BR,1BA | $1.17 |
| Capstone Quarters | Two Bedroom Select | 2BR,2BA | $0.80 |
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!
Explore Thawville, IL Rentals by Map
See the most popular apartments and homes in Thawville, IL
Frequently Asked Questions about Cheap Thawville Apartments
How much is rent for a Cheap One Bedroom Thawville Apartment?
The lowest price for a Cheap One Bedroom Thawville Apartment is $499 at Parker Glen.
What is the lowest price for a Cheap Two Bedroom Thawville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Thawville is starting from $895 at Phoenix Apartments of Pontiac.
What is the most affordable Thawville Three Bedroom Apartment?
The best deal on a cheap Thawville Three Bedroom Apartment rental is at Meadowview Apartments - Mahomet and starts from $960.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.