
Cheap Apartments for Rent near Toulon, IL from $725 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Toulon.


Winkler Village Apartments

Willow Knolls Apartments

Hollybrook Apartments

Timberlane Apartments

Hollow Hills Apartments

Forest Hills Apartments

Versailles Apartments

Nordic Villa Apartments
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.

River Oaks Trails

Glen Willows

Haymeadow Apartments

The Grove Apartments

Hillcrest Apartments

Kellogg Place Apartments

Flats at Dunlap

Hollow Creek IV Apartments

Woodsage Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

3438 Villa Ridge, Unit A

Dunlap Lakeside

Old Orchard Trace Apartments

Knoxville Pointe

504 S Sweetbriar Dr

Eagle Point Apartments

Camden Hills Apartments

Tiffany Pointe

Woods + Meadow Apartments
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.

Willow Way

316 N Broad St

Elm Haven

415-421 W Forrest Lawn Ave

3119 W Willow Knolls Dr

751 Mulberry St

611 W Matthews St

437 E Marion St, Unit 2E

903 W Purtscher Dr
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.

1311 W Maywood Ave

108 S Yates St

814 W McClure Ave

Prairie Vista Apartments

138 W 5th Ave

103 Hollyhock Ln

2022 W Richwoods Blvd

3617 W Richwoods Blvd

222 Horseshoe Ln
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.

622 W Laclaire Ln

913 W McClure Ave

301 N 1st St

3409 N California Ave
Toulon, IL Local Guide

How much does it cost to rent an apartment in Toulon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Toulon Studio Apartments | $840 | $725 | $1,132 |
| Toulon 1 Bedroom Apartments | $1,146 | $725 | $1,570 |
| Toulon 2 Bedroom Apartments | $1,357 | $850 | $1,977 |
| Toulon 3 Bedroom Apartments | $1,552 | $975 | $2,122 |
Browse Top Apartments in Toulon
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Toulon, IL Local Guide
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Cheapest Available Toulon Apartments for Rent and Nearby
 The cheapest available apartment rental in Toulon, IL is a 1 Bed unit found at Winkler Village Apartments in the Woodford County neighborhood priced from $725. Willow Knolls Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here is today’s list of the most affordable Toulon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $725 |
| Willow Knolls Apartments | Studio / 1 Bath | Studio,1BA | $799 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $825 |
| Hollow Hills Apartments | 1 Bed / 1 Bath (615 sqft) | 1BR,1BA | $849 |
| Forest Hills Apartments | 1x1 | 1BR,1BA | $854 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $875 |
| The Village on University | Tucker at Village North | 1BR,1BA | $880 |
| Glen Willows | 2 Bedroom 1 Bathroom | 2BR,1BA | $925 |
| Haymeadow Apartments | Springhouse | 1BR,1BA | $949 |
| The Grove Apartments | Standard 1 Bed / 1 Bath | 1BR,1BA | $975 |
Best Value Apartments for Rent in Toulon, IL and Nearby
As of August 26, 2026 the best value apartment in the Toulon area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Toulon apartment is the 2 Bedroom, 2 Bath Model at Camden Hills Apartments starting at $1,300 with a $1.23 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Toulon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Point Apartments | 3 Bedroom 2 Bath | 2BR,2BA | $1.18 |
| Camden Hills Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.23 |
| Nordic Villa Apartments | Townhouse | 2BR,1.5BA | $1.28 |
| Kellogg Place Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.23 |
| Glen Willows | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.06 |
| Forest Hills Apartments | 1x1 | 1BR,1BA | $1.00 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.15 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.06 |
| Haymeadow Apartments | Springhouse | 1BR,1BA | $1.32 |
| Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Toulon, IL Rentals by Map
See the most popular apartments and homes in Toulon, IL
Frequently Asked Questions about Cheap Toulon Apartments
How much is rent for a Cheap One Bedroom Toulon Apartment?
The lowest price for a Cheap One Bedroom Toulon Apartment is $725 at Winkler Village Apartments.
What is the lowest price for a Cheap Two Bedroom Toulon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Toulon is starting from $850 at Hollybrook Apartments.
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

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.