
Cheap Apartments for Rent in Tolono, IL from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Tolono.


The Courtyard on Randolph

906 S Locust St

The Brickstone

Midtown Center

Colony West

Stone Ridge Square
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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1613 Lyndhurst W Dr

Michigan East - Campus Property Management
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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2008 Vawter St

1002 E Willard St

1605 Lyndhurst Dr
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.
Tolono, IL Local Guide

How much does it cost to rent an apartment in Tolono?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tolono Studio Apartments | $1,247 | $1,235 | $1,260 |
| Tolono 1 Bedroom Apartments | $1,462 | $910 | $1,975 |
| Tolono 2 Bedroom Apartments | $1,768 | $625 | $3,199 |
| Tolono 3 Bedroom Apartments | $2,024 | $575 | $3,399 |
| Tolono 4 Bedroom Apartments | $1,644 | $835 | $3,800 |
Browse Top Apartments in Tolono
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Tolono, IL Local Guide
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Cheapest Available Tolono Apartments for Rent and Nearby
 The cheapest available apartment rental in Tolono, IL is a 3 Beds unit found at THE ALCOVE @ SECOND & JOHN in the Downtown Champaign neighborhood priced from $575. The Courtyard on Randolph in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here is today’s list of the most affordable Tolono apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| THE ALCOVE @ SECOND & JOHN | 3 Bedroom 1 Bath | 3BR,1BA | $575 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $900 |
| West Quad | 4BR/4BA - Terrace Deluxe | 4BR,4BA | $1,004 |
| 608 E Chalmers | Fall lease, four bed four bath apartment in Qua... | 4BR,4BA | $1,060 |
| Stone Ridge Square | 1 Bedroom 1 Bath 730 SF | 1BR,1BA | $1,070 |
Best Value Apartments for Rent in Tolono, IL and Nearby
As of December 17, 2025 the best value apartment in the Tolono area is the $0.97 price per square foot 3 or 4 Bedrooms Model at 605 S Prairie St in the in the Downtown Champaign neighborhood starting from $1,750. The second greatest value Tolono apartment is the 2517 Leeper Dr Model at Southwest Apartments starting at $1,200 with a $1.00 price per square foot . Here is today’s list of the best values for Tolono apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 605 S Prairie St | 3 or 4 Bedrooms | 3BR,2BA | $0.97 |
| Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.06 |
| Parkside | 2 Bedroom 1 Bath 850 Premium Upgrade | 2BR,1BA | $1.42 |
| The Whitney Apartments | 2 bedroom - top floor and vaulted ceilings | 2BR,2BA | $1.64 |
| Sterling on First | 2x2 Chrome | 2BR,2BA | $1.60 |
| Lancaster Apartments | 3x1 | 3BR,1BA | $1.19 |
| Maywood Apartments | 2x1 | 2BR,1BA | $1.30 |
| 1008 S. 4th | B3 | 2BR,2BA | $1.56 |
| Stone Ridge Square | 1 Bedroom 1 Bath 730 SF | 1BR,1BA | $1.47 |
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 ArticleThe 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.
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 Tolono, IL Rentals by Map
See the most popular apartments and homes in Tolono, IL
Getting Around Tolono, IL
Walk Score®
15 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
31 / 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 Tolono Apartments
How much is rent for a Cheap One Bedroom Tolono Apartment?
The lowest price for a Cheap One Bedroom Tolono Apartment is $1,070 at Stone Ridge Square.
What is the lowest price for a Cheap Two Bedroom Tolono Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Tolono is starting from $625 at THE ALCOVE @ SECOND & JOHN.
What is the most affordable Tolono Three Bedroom Apartment?
The best deal on a cheap Tolono Three Bedroom Apartment rental is at THE ALCOVE @ SECOND & JOHN and starts from $575.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.








