Cheap Apartments for Rent in Vermilion County, IL from $400 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Vermilion County.

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.

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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.

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Magnolia Manor
1 to 3 Bedroom Apartments

Magnolia Manor

1931 N Bowman Avenue RdDanville, IL 61832
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2204 Alpha Dr
1 Bedroom Apartments

2204 Alpha Dr

2204 Alpha DrDanville, IL 61832

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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Sunset Cove Apartments
1 to 2 Bedroom Apartments

Sunset Cove Apartments

2200 N Vermilion StDanville, IL 61832
  • Utilities Included

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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Showing Results 1-31, Page 1 of 1

Cheapest Available Vermilion County Apartments for Rent

 

The cheapest available apartment rental in Vermilion County, IL is a Studio unit found at Brook Haven Apartments priced from $525. Townway Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Vermilion County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brook Haven ApartmentsStudioStudio,1BA$525
Townway Place1 Beds, 1 Baths1BR,1BA$800
The Grove1BR1BR,1BA$816
The Verander2Br2BR,1BA$872
Devonshire Village2 Bed 2 Bath Sm Apt2BR,2BA$1,206

Best Value Apartments for Rent in Vermilion County, IL

As of August 19, 2026 the best value apartment in the Vermilion County area is the $1.09 price per square foot 2 Bed 2 Bath Sm Apt Model at Devonshire Village in the starting from $1,206. The second greatest value Vermilion County apartment is the 2BR Model at The Grove starting at $972 with a $1.35 price per square foot . Here is today’s list of the best values for Vermilion County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Devonshire Village2 Bed 2 Bath Sm Apt2BR,2BA$1.09
The Grove2BR2BR,1BA$1.35
Townway Place1 Beds, 1 Baths1BR,1BA$1.33
The VeranderStudioStudio ,1BA$1.90
Brook Haven Apartments1 Bed/ 1 Bath1BR,1BA$1.70

Frequently Asked Questions about Cheap Vermilion County Apartments

What is the price of a cheap apartment in Vermilion County?

The cheapest apartment in Vermilion County is Brook Haven Apartments which is listed at $717, while the average apartment in Vermilion County costs $880.

What types of apartments are the cheapest in Vermilion County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Vermilion County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Vermilion County?

Cheap apartments in Vermilion County have an average cost of $386 which is $494 cheaper than the average rent for all rentals in Vermilion County.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.