
Cheap Homes for Rent in Yale, IL from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Yale.


700 S 8th St

426 S 4th St

1233 S 10th St
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.

1814 S 7th St

205 S Walters St

432 2nd Ave

121 Gilbert 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.
Yale, IL Local Guide

How much does it cost to rent a home in Yale?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Yale 2 Bedroom Homes for Rent | $994 | $625 | $1,495 |
Yale 3 Bedroom Homes for Rent | $1,282 | $800 | $2,000 |
Yale 4 Bedroom Homes for Rent | $1,399 | $1,049 | $1,800 |
Yale 5 Bedroom Homes for Rent | $1,695 | $1,695 | $1,695 |
Browse Top Homes for Rent in Yale
Explore Yale
Yale, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 |
Best Value Apartments for Rent in Yale, IL and Nearby
As of June 21, 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
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.
Frequently Asked Questions about Yale
What type of rentals are currently available in Yale?
There are currently 39 Apartments for Rent in Yale, IL with pricing that ranges from $351 to $2,510. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Yale ranging from $450 to $2,000.
What is the current price range for Rental Homes in Yale?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Yale ranges from $450 to $2,000 with an average monthly rent of $1,202.
How much are larger Three and Four Bedroom Rentals in Yale?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Yale range from $464 to $2,142, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,049 and Four Bedroom Apartments start at $450.
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.