Cheap Apartments for Rent in Thomasboro, IL from $500 (26 Rentals)

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

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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302 W Locust St
1 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801

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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106 N gregory
1 Bedroom Apartments

106 N gregory

106 N Gregory StUrbana, IL 61801
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211 N Central
1 Bedroom Apartments

211 N Central

211 N Central AveUrbana, IL 61801

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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Showing Results 1-26, Page 1 of 1

Thomasboro, IL Local Guide

Cheapest Available Thomasboro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Thomasboro, IL is a 1 Bed unit found at Parker Glen priced from $533. 708 North Lincoln Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Thomasboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Glen1Bdrm1BR,1BA$533
708 North Lincoln Street708 North Lincoln Street - 81BR,1BA$675
Falcon Way TownhomesLarge One Bedroom1BR,1BA$688
West Liberty Point 1BRWest Liberty Point 1BR - West...1BR,1BA$725
Windcrest Apartments1 Bedroom / 1 Bathroom1BR,1BA$800
Town & Country ApartmentsHeritage1BR,1BA$830
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1BA$939
Eastland ApartmentsStudio ApartmentStudio,1BA$995
202 RaceBeautiful 2BD Condo in Downtown Urbana!2BR,1BA$1,182
The Quarters1x11BR,1BA$1,325

Best Value Apartments for Rent in Thomasboro, IL and Nearby

As of July 24, 2026 the best value apartment in the Thomasboro area is the $0.60 price per square foot D1 Model at Campus Circle Urbana in the in the Downtown Champaign neighborhood starting from $839. The second greatest value Thomasboro apartment is the The Erving Model at Nantucket Cove Apartments starting at $1,579 with a $1.28 price per square foot . Here is today’s list of the best values for Thomasboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Campus Circle UrbanaD14BR,4BA$0.60
Nantucket Cove ApartmentsThe Erving3BR,3BA$1.28
Town Center Apartments3 Bedroom 2 Bath3BR,2BA$0.70
WatersedgeAtlantic-Level 22BR,2BA$1.30
The Linc Apartments3x33BR,3BA$0.69
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1.5BA$0.88
Capstone QuartersTwo Bedroom Select2BR,2BA$0.80
Parker Glen1Bdrm1BR,1BA$0.72
Town & Country ApartmentsHeritage1BR,1BA$1.28
The AtriumSingle (shared common area)1BR,1BA$1.33

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

Explore Thomasboro, IL Rentals by Map

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Frequently Asked Questions about Cheap Thomasboro Apartments

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

The lowest price for a Cheap One Bedroom Thomasboro Apartment is $533 at Parker Glen.

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

Today's best deal for a Cheap Two Bedroom Apartment in Thomasboro is starting from $1,182 at 202 Race.

What is the most affordable Thomasboro Three Bedroom Apartment?

The best deal on a cheap Thomasboro Three Bedroom Apartment rental is at Town Center Apartments and starts from $830.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.