Cheap Apartments for Rent in Allerton, IL from $500 (27 Rentals)

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

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302 W Locust St
1 Bedroom Apartments

302 W Locust St

302 W Locust StUrbana, IL 61801
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Willow Springs
2 Bedroom Apartments

Willow Springs

1606 Willow View RdUrbana, IL 61802
Furnished
  • Utilities Inc.
property at 802 E Green St

802 E Green St

UrbanaIL61802
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Windsor Duplexes
2 Bedroom Apartments

Windsor Duplexes

907 E Harding DrUrbana, IL 61801
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813 W Main
2 Bedroom Apartments

813 W Main

813 W Main StUrbana, IL 61801
Showing Results 1-27, Page 1 of 1

Allerton, IL Local Guide

Cheapest Available Allerton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Allerton, IL is a Studio unit found at Brookhaven priced from $525. 106 N gregory has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here is today’s list of the most affordable Allerton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
106 N gregory1 bed1BR,1BA$735
Prairie Green Apartment Homes1 Bed 1 Bath1BR,1BA$775
Town and CountryDanbury1BR,1BA$870
Eastland ApartmentsStudio ApartmentStudio,1BA$875
202 E Crockett2 Bedroom2BR,1BA$945
Aspen CourtThe Sugar Maple2BR,1BA$950
Stone Ridge SquareOne Bedroom One Bathroom1BR,1BA$975
Bailey Student Apartments Available 2025!111 S Lincoln Ave4BR,2BA$999
Parkside- Pets AllowedTwo Bedroom One Bath2BR,1BA$1,015

Best Value Apartments for Rent in Allerton, IL and Nearby

As of March 15, 2025 the best value apartment in the Allerton area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Allerton apartment is the Three Bedroom Model at The Whitney Apartments starting at $1,550 with a $1.48 price per square foot . Here is today’s list of the best values for Allerton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1.07
The Whitney ApartmentsThree Bedroom3BR,3BA$1.48
Campus OaksFloorplan A - Price per person4BR,2BA$0.60
202 E Crockett2 Bedroom2BR,1BA$1.05
Aspen CourtThe Sugar Maple2BR,1.5BA$1.10
Parkside- Pets AllowedUpgraded Two Bedroom One Bath2BR,1BA$1.21
Bailey Student Apartments Available 2025!111 S Lincoln Ave4BR,2BA$1.30
Stone Ridge SquareOne Bedroom One Bathroom1BR,1BA$1.33
106 N gregory1 bed1BR,1BA$1.05
Prairie Green Apartment Homes1 Bed 1 Bath1BR,1BA$1.20

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Getting Around Allerton, IL

Bike Score®

26 / 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 Allerton Apartments

What is the Cheapest Studio apartment in Allerton?

Currently the most affordable Cheap Studio Apartment in Allerton is at Brookhaven listed at $525.

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

The lowest price for a Cheap One Bedroom Allerton Apartment is $650 at Brookhaven.

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

Today's best deal for a Cheap Two Bedroom Apartment in Allerton is starting from $725 at Brookhaven.

What is the most affordable Allerton Three Bedroom Apartment?

The best deal on a cheap Allerton Three Bedroom Apartment rental is at Brookhaven and starts from $975.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.