609 W White St
ChampaignIL61820
Cheap Homes for Rent in Tolono, IL from $800 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Tolono.
1306 E Michigan Ave
UrbanaIL61801
1002 Harding Dr
UrbanaIL61801
604 English Creek Ct
ChampaignIL61821
1403 Centennial Dr
ChampaignIL61821
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.
2013 Greendale Dr
ChampaignIL61821
1714 W Clark St
ChampaignIL61821
1617 Lyndhurst W Dr
SavoyIL61874
1920 Melrose Dr
ChampaignIL61820
1827 Parkdale Dr
ChampaignIL61821
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.
1001 E Washington St
UrbanaIL61801
310 Cottage Ct
ChampaignIL61820
1415 S Western Ave
ChampaignIL61821
1905 Blackthorn Dr
ChampaignIL61821
2105 Melrose Dr
ChampaignIL61820
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.
1924 Melrose Dr
ChampaignIL61820
309 S Van Doren St
ChampaignIL61820
Showing Results 1-17, Page 1 of 1
Tolono, IL Local Guide
Pizza, midwest style by David Woo is licensed under CC BY 2.0
How much does it cost to rent a home in Tolono?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tolono 2 Bedroom Homes for Rent | $1,380 | $1,000 | $2,000 |
| Tolono 3 Bedroom Homes for Rent | $2,111 | $1,250 | $4,500 |
| Tolono 4 Bedroom Homes for Rent | $2,571 | $1,710 | $3,450 |
| Tolono 5 Bedroom Homes for Rent | $2,683 | $1,700 | $3,600 |
| Tolono 6 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
Browse Top Homes for Rent 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1002SEC | Fall 2026 Leasing – 4-Bedroom, 2-Bath | 4BR,2BA | $699 |
| Kobuck Apartments | 1204 Wesley Ave 1bd/1ba | 1BR,1BA | $825 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $925 |
| Colonial Village | Charleston | 2BR,1BA | $950 |
| Southwest Apartments | 1902 Karen Ct | 2BR,1BA | $950 |
Best Value Apartments for Rent in Tolono, IL and Nearby
As of June 13, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Place | 2 Bedroom Unit | 2BR,2BA | $1.00 |
| 59JOH | 4 Bedroom Apartment @ First & John: Available N... | 4BR,3BA | $0.46 |
| Colonial Village | Charleston | 2BR,1BA | $1.03 |
| Colony West | 2BR/1BA Condo | 2BR,1BA | $1.39 |
| The Brickstone | 2x1-862 | 2BR,1BA | $1.33 |
| The Courtyard on Randolph | 2BR/ 1BA | 2BR,1BA | $1.09 |
| Parkside | 2 Bedroom 1 Bath 850 SF Upgrade | 2BR,1BA | $1.42 |
| Kobuck Apartments | 1203 Wesley Ave 1bd/1ba | 1BR,1BA | $1.58 |
| Southwest Apartments | 1902 Karen Ct | 2BR,1BA | $1.47 |
| 607 W Green St | Per Person Price | 1BR,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.
Read Article
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.
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.
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See the most popular apartments and homes in Tolono, IL
Frequently Asked Questions about Tolono
What type of rentals are currently available in Tolono?
There are currently 62 Apartments for Rent in Tolono, IL with pricing that ranges from $699 to $3,800. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tolono ranging from $850 to $4,500.
What is the current price range for Rental Homes in Tolono?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Tolono ranges from $850 to $4,500 with an average monthly rent of $2,026.
How much are larger Three and Four Bedroom Rentals in Tolono?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Tolono range from $905 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,710 and Four Bedroom Apartments start at $699.
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
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.
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.
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.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.