
Cheap Apartments for Rent near Wheeler, IL from $399 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Wheeler.


Westport Apartments

Country Place-Moweaqua I & ll

Arbors at Honey Creek

Coles Crossing Apartments

Arthur Ave Apartments

1041 7th Street, Charleston

Laker Landing

Southern Meadows
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.

Winston Terrace

Harrison West

Capitol Pointe Apartments

Willow Crossings

THE GROVE AT FARRINGTON

The Village

Woodfall Villas

Elmdale Apartments

Springhill Apartments
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.

Park Place

The Deming

Campus Suites

6th St Apartments

1117 N State St

1107 N State St

Indian Trail Apartments

Historic Walnut Square

Rider Place
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.

Sugar Creek Crossing

Newton Senior Housing

626 E Curry Dr

110 Daleview Dr

100 Daleview Dr

OldeTowne Apartments

1103 Broadway St

1931 College Ave

2015 Washington Ave
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.

2025 College Ave

1520 Main St

Cougill Senior Apartments

600 Marshall Ave

616 S 6th St

1818 E Morgan Dr

332 N French St

1001 E Voorhees St

1465 S 18th St
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.

509 Charleston Ave

209 Damon Dr

824 E Harris St

1318 S 11th St
Wheeler, IL Local Guide

How much does it cost to rent an apartment in Wheeler?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wheeler Studio Apartments | $734 | $639 | $858 |
| Wheeler 1 Bedroom Apartments | $889 | $413 | $1,288 |
| Wheeler 2 Bedroom Apartments | $1,079 | $527 | $1,800 |
| Wheeler 3 Bedroom Apartments | $1,302 | $665 | $2,004 |
| Wheeler 4 Bedroom Apartments | $837 | $399 | $1,322 |
Browse Top Apartments in Wheeler
See all Apartments in WheelerExplore Wheeler
Wheeler, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Wheeler Apartments for Rent and Nearby
 The cheapest available apartment rental in Wheeler, IL is a 1 Bed unit found at Westport Apartments priced from $484. Country Place-Moweaqua I & ll has the second lowest priced unit, which is a 1 Bed apartment currently listed from $497. Here is today’s list of the most affordable Wheeler apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $610 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
| 1041 7th Street, Charleston | 1BR/1.0BA | 1BR,1BA | $639 |
| Southern Meadows | 1 Bed Apt | 1BR,1BA | $695 |
| The Village | 1BR/1.0BA | 1BR,1BA | $750 |
| Willow Crossings | Phase III - 1 Bed 1 Bath | 1BR,1BA | $795 |
| Park Place | 2 bedroom w/ study | 2BR,1BA | $800 |
| Campus Suites | 1 Bed 1 Bath | 1BR,1BA | $830 |
Best Value Apartments for Rent in Wheeler, IL and Nearby
As of August 27, 2026 the best value apartment in the Wheeler area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights in the starting from $1,380. The second greatest value Wheeler apartment is the 4 Bed 2 bath Model at The Annex of Terre Haute starting at $399 with a $0.33 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Wheeler apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Panther Heights | 3 Bed 2.5 Bath | 3BR,2.5BA | $0.99 |
| The Annex of Terre Haute | 4 Bed 2 bath | 4BR,2BA | $0.33 |
| The Millennium Apartments | Millennium Apartments 2BR/2BA 26/27 Waiting List | 2BR,2BA | $0.51 |
| Melrose on 4th | Melrose Apartments 2BR/2BA 26/27 Waiting List | 2BR,2BA | $0.55 |
| Harrison West | 3 Bedroom | 3BR,2BA | $0.91 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.38 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $0.76 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
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 ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wheeler, IL Rentals by Map
See the most popular apartments and homes in Wheeler, IL
Frequently Asked Questions about Cheap Wheeler Apartments
How much is rent for a Cheap One Bedroom Wheeler Apartment?
The lowest price for a Cheap One Bedroom Wheeler Apartment is $484 at Westport Apartments.
What is the lowest price for a Cheap Two Bedroom Wheeler Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wheeler is starting from $527 at Country Place-Moweaqua I & ll.
What is the most affordable Wheeler Three Bedroom Apartment?
The best deal on a cheap Wheeler Three Bedroom Apartment rental is at Westport Apartments and starts from $665.
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

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.

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.

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.

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.