Cheap Apartments for Rent in Tolono, IL from $600 (49 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

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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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
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State & Cedar
1 to 2 Bedroom Apartments

State & Cedar

1407 S State 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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property at 310 Cottage Ct

$1,400 - $2,250

1 To 3 Bedroom Rentals

Available Now

310 Cottage Ct

ChampaignIL61820

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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Showing Results 1-49, 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 4 Beds unit found at 1002SEC in the Downtown Champaign neighborhood priced from $699. Kobuck Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Tolono apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1002SECFall 2026 Leasing – 4-Bedroom, 2-Bath4BR,2BA$699
Kobuck Apartments1204 Wesley Ave 1bd/1ba1BR,1BA$825
The Courtyard on Randolph2BR/ 1BA2BR,1BA$925
Colonial VillageCharleston2BR,1BA$950
Southwest Apartments1902 Karen Ct2BR,1BA$950
Parkside2 Bedroom 1 Bath - 850 SF2BR,1BA$1,080
307 & 311 W. BirchCanopy1BR,1BA$1,130
The Brickstone2x1-8622BR,1BA$1,195
Colony West2BR/1BA Condo2BR,1BA$1,250
Lincolnshire West2 Bedroom Garden Premium w/ WD2BR,1BA$1,299

Best Value Apartments for Rent in Tolono, IL and Nearby

As of June 19, 2026 the best value apartment in the Tolono area is the $1.00 price per square foot 2 Bedroom Unit Model at Park Place in the starting from $1,405. The second greatest value Tolono apartment is the 4 Bedroom Apartment @ First & John: Available N... Model at 59JOH starting at $485 with a $0.46 price per square foot in the Downtown Champaign neighborhood. 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.
Park Place2 Bedroom Unit2BR,2BA$1.00
59JOH4 Bedroom Apartment @ First & John: Available N...4BR,3BA$0.46
Colonial VillageCharleston2BR,1BA$1.03
Colony West2BR/1BA Condo2BR,1BA$1.39
Lincolnshire West2 Bedroom Garden Premium w/ WD2BR,1.5BA$1.44
The Brickstone2x1-8622BR,1BA$1.39
The Courtyard on Randolph2BR/ 1BA2BR,1BA$1.09
Parkside2 Bedroom 1 Bath 850 SF Upgrade2BR,1BA$1.42
Southwest Apartments1902 Karen Ct2BR,1BA$1.47
607 W Green StPer Person Price1BR,1BA$1.40

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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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 Colonial Village and starts from $1,100.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.