Cheap Homes for Rent in Tovey, IL from $600 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Tovey.

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.

property at 229 W Allen St

$950 - $1,250

1 To 3 Bedroom Rentals

Available Now

229 W Allen St

SpringfieldIL62704

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.

Tovey, IL Local Guide

Cheapest Available Tovey Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tovey, IL is a 2 Beds unit found at RESERVE AT LAKEVIEW priced from $507. Whispering Pines Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Tovey apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$507
Whispering Pines Apartments1 Bed, 1 Bath - Essential1BR,1BA$600
Timber CoveThe RegattaStudio,1BA$690
Cobblestone ApartmentsCobblestone 1BD1BR,1BA$750
The Raymond ApartmentsTwo bedroom2BR,1BA$800

Best Value Apartments for Rent in Tovey, IL and Nearby

As of June 23, 2026 the best value apartment in the Tovey area is the $1.09 price per square foot 3 Bedroom Model at Ash Grove in the starting from $1,450. The second greatest value Tovey apartment is the Two Bedroom Model at Centre @ 501 Apartments starting at $1,300 with a $1.06 price per square foot in the Downtown Springfield neighborhood. Here is today’s list of the best values for Tovey apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ash Grove3 Bedroom3BR,2BA$1.09
Centre @ 501 ApartmentsTwo Bedroom2BR,1BA$1.06
Ravenwood TownhomesTownhome2BR,1.5BA$0.90
CandlesB12BR,1.5BA$1.05
The Boulevard TownhomesTownhouse2BR,1.5BA$1.04
Safe Harbor Properties2 Bdr 1 Bath with Balcony. Capitol View.2BR,1BA$1.08
3TEN Apartments2 Bed 1 Bath2BR,1BA$1.05
RESERVE AT LAKEVIEWTwo Bedrooms One Bathroom2BR,1BA$0.60
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.06
The Raymond ApartmentsTwo bedroom2BR,1BA$1.00

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
Decorative image

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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Tovey, IL Rentals by Map

View Map
Tovey, IL Apartments Map
View Map
Tovey, IL Rental Homes Map

Frequently Asked Questions about Tovey

What type of rentals are currently available in Tovey?

There are currently 46 Apartments for Rent in Tovey, IL with pricing that ranges from $575 to $3,400. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tovey ranging from $625 to $2,995.

What is the current price range for Rental Homes in Tovey?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Tovey ranges from $625 to $2,995 with an average monthly rent of $1,787.

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.