Cheap Apartments for Rent in Watseka, IL from $400 (33 Rentals)

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

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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West Liberty Point
1 Bedroom Apartments

West Liberty Point

1320 Mccullough StRantoul, IL 61866
  • Utilities Included
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2204 Alpha Dr
1 Bedroom Apartments

2204 Alpha Dr

2204 Alpha DrDanville, IL 61832

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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Bethel Townhomes
3 Bedroom Apartments

Bethel Townhomes

3552-3558 Bethel DrWest Lafayette, IN 47906
Student Housing
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1304 E North St
1 to 2 Bedroom Apartments

1304 E North St

1304 E North StBradley, IL 60915
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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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1155 Anthrop Dr
Studio to 2 Bedroom Apartments

1155 Anthrop Dr

1155 Anthrop DrWest Lafayette, IN 47906
Student Housing
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101 E Bannon St
1 to 2 Bedroom Apartments

101 E Bannon St

101 E Bannon StDwight, IL 60420

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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Watseka, IL Local Guide

Cheapest Available Watseka Apartments for Rent and Nearby

 

The cheapest available apartment rental in Watseka, IL is a 1 Bed unit found at Waterview Estates priced from $730. The Verander has the second lowest priced unit, which is a 1 Bed apartment currently listed from $732. Here is today’s list of the most affordable Watseka apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterview Estates1x1Waterview Estates1BR,1BA$730
The Verander1Br1BR,1BA$732
McCormick Manor2 Bedroom 2 Bath *per Bed Price2BR,2BA$745
Woods EdgeThe Boilermaker1BR,1BA$750
Falcon Way TownhomesOne Bedroom1BR,1BA$768
Townway Place1 Beds, 1 Baths1BR,1BA$795
Crest ApartmentsStudioStudio,1BA$800
The Grove1BR1BR,1BA$816
Madison Cottage of Rensselaer1x11BR,1BA$970
Pontiac Towers1 Bedroom1BR,1BA$990

Best Value Apartments for Rent in Watseka, IL and Nearby

As of June 09, 2026 the best value apartment in the Watseka area is the $0.34 price per square foot 3 Bedroom x 3.5 Bathroom Townhouse Model at Lark West Lafayette Townhomes in the starting from $649. The second greatest value Watseka apartment is the 3 BD/2 BA - POND VIEW Model at West Heights Townhomes - West Lafayette starting at $2,195 with a $1.30 price per square foot in the Discovery Park neighborhood. Here is today’s list of the best values for Watseka apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lark West Lafayette Townhomes3 Bedroom x 3.5 Bathroom Townhouse3BR,3.5BA$0.34
West Heights Townhomes - West Lafayette3 BD/2 BA - POND VIEW3BR,2.5BA$1.30
Lodge on the TrailDakota-PREM3BR,3BA$0.55
The Cottages on Lindberg2 BEDROOM 2.5 BATH2BR,2.5BA$0.77
Devonshire Village2 Bed 2 Bath Sm Apt2BR,2BA$1.09
ST JAMES SENIOR APARTMENTS2 BED 1 BATH2BR,1BA$1.25
Wabash Lofts2x22BR,2BA$0.88
Madison Cottage of Rensselaer1x11BR,1BA$1.14
Woods EdgeThe Boilermaker1BR,1BA$1.07
Waterview Estates1x1Waterview Estates1BR,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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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.

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Best Local Schools in
Watseka, IL

School data provided by Great Schools

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

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Frequently Asked Questions about Cheap Watseka Apartments

What is the Cheapest Studio apartment in Watseka?

Currently the most affordable Cheap Studio Apartment in Watseka is at Crest Apartments listed at $800.

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

The lowest price for a Cheap One Bedroom Watseka Apartment is $730 at Waterview Estates.

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

Today's best deal for a Cheap Two Bedroom Apartment in Watseka is starting from $745 at McCormick Manor.

What is the most affordable Watseka Three Bedroom Apartment?

The best deal on a cheap Watseka Three Bedroom Apartment rental is at Falcon Way Townhomes and starts from $847.

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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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.