Cheap Homes for Rent in Towanda, IL from $900 (6 Rentals)

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

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.

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.

Towanda, IL Local Guide

Cheapest Available Towanda Apartments for Rent and Nearby

 

The cheapest available apartment rental in Towanda, IL is a 1 Bed unit found at Class Act Realty in the Downtown Normal neighborhood priced from $775. Arbors at Eastland has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. Here is today’s list of the most affordable Towanda apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Class Act Realty1 Bedroom1BR,1BA$775
Arbors at EastlandThe Pine1BR,1BA$840
Ironwood Gardens ApartmentsStudioStudio,1BA$841

Best Value Apartments for Rent in Towanda, IL and Nearby

As of July 13, 2025 the best value apartment in the Towanda area is the $0.53 price per square foot 4-bed/4-bath Model at The Social at Illinois State in the in the Downtown Normal neighborhood starting from $789. The second greatest value Towanda apartment is the 3/1.5 (Remodel) Model at Hershey Clearwater Townhomes starting at $1,749 with a $1.17 price per square foot . Here is today’s list of the best values for Towanda apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Social at Illinois State4-bed/4-bath4BR,4BA$0.53
Hershey Clearwater Townhomes3/1.5 (Remodel)3BR,1.5BA$1.17
East Douglas Apartments3BR/ 1BA3BR,1BA$1.00
3 Stortz DrAll units2BR,2BA$1.04
BayOak ApartmentsOakbrook | 2 Bedroom/2 Bath2BR,2BA$0.96
701 FranklinApt 24BR,2BA$0.55
Briarwood II3A3BR,2BA$1.09
Ekstam Apartments2 Beds 2 Bath2BR,2BA$1.14
The Social on Hovey2 Sunroom2BR,2BA$0.95
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.71

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Frequently Asked Questions about Towanda

What type of rentals are currently available in Towanda?

There are currently 43 Apartments for Rent in Towanda, IL with pricing that ranges from $649 to $4,666. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Towanda ranging from $925 to $4,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Towanda ranges from $925 to $4,500 with an average monthly rent of $2,270.

How much are larger Three and Four Bedroom Rentals in Towanda?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Towanda range from $796 to $2,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,150. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $649.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.