Cheap Apartments for Rent in Thompsonville, IL from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Thompsonville.

Saluki Apartments

The Quadrangle Apartments

Cornerstone Place

The Hill 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.

Schilling Property Management

Saint Germain Square

Come Enjoy Ashburn Court Apartments

Alpha Property Management (Alpha Rentals)

Pine Shores Rentals
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.

University Mall and Walnut Street Apartments

Brookside Apartments

Wedgewood Hills

G&R Rentals

The Metropolitan

Aspen Court Apartments

Newly Renovated 2 Bedrooms!

115 N Cherry St
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.

510 Ellen Dr

605 1/2 Old Creal Springs Rd

404 N Carroll St

301 W Grand Ave

1015 Stewart St

205 E St Louis 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.

16830 IL-37

207 Plum St

105 E Poplar St

8900 Griffin Rd
Thompsonville, IL Local Guide

How much does it cost to rent an apartment in Thompsonville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Thompsonville Studio Apartments | $508 | $420 | $1,475 |
Thompsonville 1 Bedroom Apartments | $901 | $500 | $2,993 |
Thompsonville 2 Bedroom Apartments | $1,017 | $650 | $1,837 |
Thompsonville 3 Bedroom Apartments | $1,237 | $900 | $1,600 |
Thompsonville 4 Bedroom Apartments | $1,425 | $295 | $2,000 |
Browse Top Apartments in Thompsonville
See all Apartments in ThompsonvilleExplore Thompsonville
Thompsonville, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Thompsonville Apartments for Rent and Nearby
 The cheapest available apartment rental in Thompsonville, IL is a Studio unit found at Saluki Apartments priced from $420. Campus Edge has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Thompsonville apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Saluki Apartments | Studio | Studio,1BA | $420 |
Campus Edge | Studio | Studio,1BA | $450 |
The Quadrangle Apartments | 0BR/1.0BA | Studio,1BA | $450 |
Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $550 |
Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $580 |
Come Enjoy Ashburn Court Apartments | 1BR/1.0BA | 1BR,1BA | $595 |
Newly Renovated 2 Bedrooms! | 2BR/1.0BA | 2BR,1BA | $790 |
University Edge Apartments | 2 Bedroom | 2BR,2BA | $800 |
Shawnee Village | 1 BR /1 BA | 1BR,1BA | $853 |
Palomino Apartments | 2BR/1.5BA | 2BR,1BA | $895 |
Best Value Apartments for Rent in Thompsonville, IL and Nearby
As of August 31, 2025 the best value apartment in the Thompsonville area is the $0.45 price per square foot Three Bedroom (1.5 or 2.5 bath) Model at Alpha Property Management (Alpha Rentals) in the starting from $995. The second greatest value Thompsonville apartment is the 3 bedroom Model at 2707 Fairway Dr starting at $1,400 with a $1.00 price per square foot . Here is today’s list of the best values for Thompsonville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Alpha Property Management (Alpha Rentals) | Three Bedroom (1.5 or 2.5 bath) | 3BR,2BA | $0.45 |
2707 Fairway Dr | 3 bedroom | 3BR,2BA | $1.00 |
Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
The Hill Apartments | The Hill 2 Bed 2 Bath Large | 2BR,2BA | $1.01 |
Storyboard on Black Diamond | Black Diamond A1 | 1BR,1BA | $1.23 |
Newly Renovated 2 Bedrooms! | 2BR/1.0BA | 2BR,1BA | $1.05 |
Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.79 |
Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
Ambassador Studio Apartments | Studio | Studio ,1BA | $1.33 |
University Edge Apartments | Studio | Studio ,1BA | $1.40 |
Quick 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 Thompsonville, IL Rentals by Map
See the most popular apartments and homes in Thompsonville, IL
Getting Around Thompsonville, IL
Walk Score®
11 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
26 / 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 Thompsonville Apartments
What is the Cheapest Studio apartment in Thompsonville?
Currently the most affordable Cheap Studio Apartment in Thompsonville is at Saluki Apartments listed at $420.
How much is rent for a Cheap One Bedroom Thompsonville Apartment?
The lowest price for a Cheap One Bedroom Thompsonville Apartment is $550 at Schilling Property Management.
What is the lowest price for a Cheap Two Bedroom Thompsonville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Thompsonville is starting from $790 at Newly Renovated 2 Bedrooms!.
What is the most affordable Thompsonville Three Bedroom Apartment?
The best deal on a cheap Thompsonville Three Bedroom Apartment rental is at The Quadrangle Apartments and starts from $900.
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.

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.

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.

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.

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.