Cheap Apartments for Rent in Tolono, IL from $450 (42 Rentals)

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

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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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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105 E John St
1 to 2 Bedroom Apartments

105 E John St

105 E John StChampaign, IL 61820
Student Housing
  • Utilities Included
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Hessel on the Park
2 Bedroom Apartments

Hessel on the Park

1601-1862 Valley RdChampaign, IL 61820
  • Utilities Included
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906 S Locust St
Studio to 4 Bedroom Apartments

906 S Locust St

906 S Locust StChampaign, IL 61820
Student Housing
  • Utilities Included
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Windsor Duplexes
2 Bedroom Apartments

Windsor Duplexes

907 E Harding DrUrbana, IL 61801
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608 E Chalmers
Studio to 4 Bedroom Apartments

608 E Chalmers

608 E Chalmers StChampaign, IL 61820
Student Housing

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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State & Cedar
1 to 2 Bedroom Apartments

State & Cedar

1407 S State StChampaign, IL 61820
Student Housing
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307 & 311 W. Birch
1 Bedroom Apartments

307 & 311 W. Birch

307-311 Birch StChampaign, IL 61820
  • Utilities Included
property at 310 Cottage Ct
$1,400 - $2,250
1 To 3 Bedroom Rentals
Available Now
Furnished

310 Cottage Ct

ChampaignIL61820
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Park Place
1 to 2 Bedroom Apartments

Park Place

1117 Plymouth DrChampaign, IL 61821
  • Utilities Included

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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Showing Results 1-42, Page 1 of 1

Tolono, IL Local Guide

Cheapest Available Tolono Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tolono, IL is a Studio unit found at 1002SEC in the Downtown Champaign neighborhood priced from $450. 1012 S 1st St in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $450. Here is today’s list of the most affordable Tolono apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1002SECFlexible Bedroom LeasesStudio, 2BA$450
1012 S 1st StIndividual Lease2BR, 1BA$450
2008 S Vawter St4 Beds4BR, 2BA$800
Kobuck Apartments1204 Wesley Ave 1bd/1ba1BR, 1BA$825
Philo Estates Apartments2BR, 1BA2BR, 1BA$825
Pacifica on GreenThe Sage2BR, 2BA$899
The Courtyard on Randolph2BR/ 1BA2BR, 1BA$925
1304 Silver St - Newly Renovated1 Bed, 1 Bath1BR, 1BA$930
1302 Silver StFletcher St Apartments1BR, 1BA$930
Southwest Apartments1902 Karen Ct2BR, 1BA$950

Best Value Apartments for Rent in Tolono, IL and Nearby

As of September 18, 2026 the best value apartment in the Tolono area is the $1.17 price per square foot The Rodriguez Model at Hartwell Drive starting from $1,700. The second greatest value Tolono apartment is the 3 Beds Model at 2008 S Vawter St starting at $1,050 with a $0.97 price per square foot. Here is today’s list of the best values for Tolono apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hartwell DriveThe Rodriguez3BR, 2BA$1.17
2008 S Vawter St3 Beds3BR, 1BA$0.97
Stone Ridge Square2 Bedroom 1 Bath - 935 SF Upgrade2BR, 1BA$1.37
Colonial VillageCharleston2BR, 1BA$1.03
Colony West2BR/1BA Condo2BR, 1BA$1.39
1012 S 1st St2 Bedroom (Entire Unit)2BR, 1BA$1.02
The Courtyard on Randolph2BR/ 1BA2BR, 1BA$1.09
Parkside2 Bedroom 1 Bath 850 Premium Upgrade2BR, 1BA$1.42
Philo Estates Apartments2BR, 1BA2BR, 1BA$1.11
Pacifica on GreenThe Sage2BR, 2BA$1.29

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

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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 $825 at Kobuck Apartments.

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 $450 at 1012 S 1st St.

What is the most affordable Tolono Three Bedroom Apartment?

The best deal on a cheap Tolono Three Bedroom Apartment rental is at 608 E Chalmers and starts from $1,029.

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.