Cheap Apartments for Rent in Tolono, IL from $600 (44 Rentals)

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

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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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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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
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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

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.

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Hartwell Drive
1 to 3 Bedroom Apartments

Hartwell Drive

904-908 Hartwell DrSavoy, IL 61874
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110 E John St.
1 Bedroom Apartments

110 E John St.

110 E John StChampaign, IL 61820
  • 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
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307 & 311 W. Birch
1 Bedroom Apartments

307 & 311 W. Birch

307-311 Birch StChampaign, IL 61820
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-44, 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 1 Bed unit found at Kobuck Apartments priced from $825. The Courtyard on Randolph in the Downtown Champaign neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here is today’s list of the most affordable Tolono apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kobuck Apartments1204 Wesley Ave 1bd/1ba1BR,1BA$825
The Courtyard on Randolph2BR/ 1BA2BR,1BA$925
608 E ChalmersEARLY MOVE-IN AVAILABLE! Fall lease, four bed f...4BR,4BA$1,020
Parkside2 Bedroom 1 Bath - 850 SF2BR,1BA$1,080
307 & 311 W. BirchCanopy1BR,1BA$1,130
Southwest Apartments2517 Leeper Dr2BR,1BA$1,200
Sterling on First2x2 Chrome2BR,2BA$1,329
905 South Locust Street905 South Locust Street - 1052BR,1BA$1,350
The Whitney Apartments1623-2023BR,3BA$1,369
The Courtyards @ Prairie Fields2 bedroom2BR,2BA$1,550

Best Value Apartments for Rent in Tolono, IL and Nearby

As of May 05, 2026 the best value apartment in the Tolono area is the $0.77 price per square foot EARLY MOVE-IN AVAILABLE! Fall lease, four bed f... Model at 608 E Chalmers in the in the Downtown Champaign neighborhood starting from $1,020. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
608 E ChalmersEARLY MOVE-IN AVAILABLE! Fall lease, four bed f...4BR,4BA$0.77
Southwest Apartments2517 Leeper Dr2BR,1.5BA$1.00
Windsor West | Specials AvailableRichmond2BR,2BA$1.47
The Courtyards @ Prairie Fields2 bedroom2BR,2BA$1.41
The Courtyard on Randolph2BR/ 1BA2BR,1BA$1.09
Parkside2 Bedroom 1 Bath 850 SF Upgrade2BR,1BA$1.42
Kobuck Apartments1203 Wesley Ave 1bd/1ba1BR,1BA$1.58
1008 S. 4thB32BR,2BA$1.56
306 W John StPer Person Price1BR,1BA$0.94
607 W Green StPer Person Price1BR,1BA$1.40

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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.

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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.

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

Explore Tolono, IL Rentals by Map

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See the most popular apartments and homes in Tolono, IL

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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 $925 at The Courtyard on Randolph.

What is the most affordable Tolono Three Bedroom Apartment?

The best deal on a cheap Tolono Three Bedroom Apartment rental is at The Whitney Apartments and starts from $1,369.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.