Cheap Apartments for Rent near Wapella, IL from $500 (41 Rentals)

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

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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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.

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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.

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314 Mecherle
1 to 2 Bedroom Apartments

314 Mecherle

314 Mecherle DrBloomington, IL 61701

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.

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Fairmont Apartments
1 to 2 Bedroom Apartments

Fairmont Apartments

717 Fairmont DrBloomington, IL 61704
  • Utilities Included
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2 Curtis Ct
2 Bedroom Apartments

2 Curtis Ct

2 Curtis CtNormal, IL 61761
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Oak Creek Plaza
2 Bedroom Apartments

Oak Creek Plaza

108 Oak Creek PlzBloomington, IL 61704
  • Utilities Included
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1 White Place
Studio to 2 Bedroom Apartments

1 White Place

1 White PlBloomington, IL 61701

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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Showing Results 1-41, Page 1 of 1

Wapella, IL Local Guide

Cheapest Available Wapella Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wapella, IL is a Studio unit found at Bradlee Park Apartments priced from $650. Broadmoor Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Wapella apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bradlee Park ApartmentsStudioStudio,1BA$650
Broadmoor ParkCortez 1 Bedroom 1 Bath1BR,1BA$795
Class Act Realty1 Bedroom1BR,1BA$825
Cortez ApartmentsUnfurnished1BR,1BA$825
CollegePlace Uptown2BR/1BA2BR,1BA$845
East Douglas Apartments2BR/ 1BA2BR,1BA$900
The Grove at Main2 Bed / 1 Bath - URB2BR,1BA$925
Arbors at EastlandThe Cypress2BR,1BA$940
300 Shelbourne1 Bed / 1 Bath1BR,1BA$985
Lancaster HeightsOne Bedroom1BR,1BA$1,000

Best Value Apartments for Rent in Wapella, IL and Nearby

As of July 13, 2026 the best value apartment in the Wapella area is the $0.53 price per square foot 4x4 Furnished Townhome Model at The Social at Illinois State in the in the Downtown Normal neighborhood starting from $799. The second greatest value Wapella apartment is the 2BR/ 1BA Model at East Douglas Apartments starting at $900 with a $0.75 price per square foot in the Downtown Bloomington neighborhood. Here is today’s list of the best values for Wapella apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Social at Illinois State4x4 Furnished Townhome4BR,4BA$0.53
East Douglas Apartments2BR/ 1BA2BR,1BA$0.75
3 Stortz DriveAll units2BR,2BA$1.08
701 FranklinApt 54BR,1BA$0.45
Ekstam Apartments2 Beds 2 Bath2BR,2BA$1.14
The Grove at Main2 Bed / 1 Bath LTRA2BR,1BA$1.09
Currency Commons Apartments2B1B2BR,1BA$1.00
The Oaks2 Bed - Oaks2BR,1BA$1.11
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.79
Arbors at EastlandThe Cypress2BR,1BA$1.09

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.

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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.

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

Explore Wapella, IL Rentals by Map

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See the most popular apartments and homes in Wapella, IL

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Frequently Asked Questions about Cheap Wapella Apartments

How much is rent for a Cheap One Bedroom Wapella Apartment?

The lowest price for a Cheap One Bedroom Wapella Apartment is $795 at Broadmoor Park.

What is the lowest price for a Cheap Two Bedroom Wapella Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Wapella is starting from $845 at CollegePlace Uptown.

What is the most affordable Wapella Three Bedroom Apartment?

The best deal on a cheap Wapella Three Bedroom Apartment rental is at Traditions Bloomington and starts from $1,325.

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

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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.

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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.

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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.

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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.