
Cheap Apartments for Rent in Yale, IL from $300 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Yale.


Sullivan Downtown Townhomes

Arbors at Honey Creek

6th St Apartments
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.

Arthur Ave Apartments

Highland Terrace

Southern Meadows Senior Living

Springhill Apartments

1202 Jackson Ave
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.

700 S 8th St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

426 S 4th St

1233 S 10th St

1814 S 7th St
Yale, IL Local Guide

How much does it cost to rent an apartment in Yale?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Yale Studio Apartments | $756 | $715 | $870 |
Yale 1 Bedroom Apartments | $885 | $351 | $1,279 |
Yale 2 Bedroom Apartments | $1,076 | $519 | $1,920 |
Yale 3 Bedroom Apartments | $1,324 | $464 | $2,166 |
Yale 4 Bedroom Apartments | $1,341 | $450 | $2,510 |
Browse Top Apartments in Yale
See all Apartments in YaleExplore Yale
Yale, IL Local Guide
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Cheapest Available Yale Apartments for Rent and Nearby
 The cheapest available apartment rental in Yale, IL is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Yale apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Historic Walnut Square | Two Bedroom | 2BR,1BA | $417 |
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Arbors at Honey Creek | 2x2 | 2BR,2BA | $610 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
Highland Terrace | 1 Bed 1 Bath | 1BR,1BA | $675 |
Best Value Apartments for Rent in Yale, IL and Nearby
As of June 27, 2025 the best value apartment in the Yale area is the $0.41 price per square foot 3 Bedroom Model at The Millennium Apartments in the starting from $505. The second greatest value Yale apartment is the 2x2 Model at Arbors at Honey Creek starting at $610 with a $0.57 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Yale apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
Panther Heights | 2 Bed 2 Bath | 2BR,2BA | $1.20 |
Royal Heights | 3 Person Occupancy | 3BR,1.5BA | $1.11 |
Harrison West | 2 Bedroom | 2BR,1BA | $0.93 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.51 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
Springhill Apartments | 1 Bedroom | 1BR,1BA | $1.14 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Yale, IL Rentals by Map
See the most popular apartments and homes in Yale, IL
Getting Around Yale, IL
Walk Score®
2 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Yale Apartments
What is the Cheapest Studio apartment in Yale?
Currently the most affordable Cheap Studio Apartment in Yale is at The Annex of Terre Haute listed at $750.
How much is rent for a Cheap One Bedroom Yale Apartment?
The lowest price for a Cheap One Bedroom Yale Apartment is $550 at Union Pointe.
What is the lowest price for a Cheap Two Bedroom Yale Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Yale is starting from $417 at Historic Walnut Square.
What is the most affordable Yale Three Bedroom Apartment?
The best deal on a cheap Yale Three Bedroom Apartment rental is at Historic Walnut Square and starts from $479.
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.

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.

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.

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.

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.