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

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

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.

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314 Mecherle
1 Bedroom Apartments

314 Mecherle

314 Mecherle DrBloomington, IL 61701
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2 Curtis Ct
2 Bedroom Apartments

2 Curtis Ct

2 Curtis CtNormal, IL 61761

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Anchor, IL Local Guide

Cheapest Available Anchor Apartments for Rent and Nearby

 

The cheapest available apartment rental in Anchor, IL is a Studio unit found at Pinecrest Apartments priced from $690. Class Act Realty in the Downtown Normal neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $780. Here is today’s list of the most affordable Anchor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pinecrest ApartmentsNest - Studio / 1BAStudio,1BA$690
Class Act Realty1 Bedroom1BR,1BA$780
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$795
1-7 Keisha Drive1 Bed, 1 bath1BR,1BA$800
Arbors at EastlandThe Oak1BR,1BA$800
Brookridge Heights ApartmentsStudio - ClassicStudio,1BA$824
300 Shelbourne1/11BR,1BA$899
Briarwood II1 bedroom1BR,1BA$910
Lancaster HeightsOne Bedroom1BR,1BA$975
717 Fairmont Apartments1/11BR,1BA$999

Best Value Apartments for Rent in Anchor, IL and Nearby

As of May 14, 2025 the best value apartment in the Anchor area is the $0.93 price per square foot 2/1.5 Model at Hershey Clearwater Townhomes in the in the Downtown Normal neighborhood starting from $1,399. The second greatest value Anchor apartment is the All units Model at 3 Stortz Dr starting at $1,400 with a $1.17 price per square foot in the Downtown Bloomington neighborhood. Here is today’s list of the best values for Anchor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hershey Clearwater Townhomes2/1.52BR,1.5BA$0.93
3 Stortz DrAll units2BR,2BA$1.17
BayOak ApartmentsOakbrook | 2 Bedroom/2 Bath2BR,2BA$0.96
Ekstam Apartments2 Beds 2 Bath2BR,2BA$1.14
Wingover Luxury Apartments and TownhomesTwo Bedroom/Two Bath2BR,2BA$1.20
701 FranklinApt 24BR,2BA$0.55
Currency Commons Apartments2B1B2BR,1BA$1.25
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.71
Phoenix Apartments of PontiacOne Bedroom Deluxe1BR,1BA$0.94
Briarwood II2 bedroom2BR,1BA$1.21

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

Explore Anchor, IL Rentals by Map

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See the most popular apartments and homes in Anchor, IL

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Getting Around Anchor, IL

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 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 Anchor Apartments

What is the Cheapest Studio apartment in Anchor?

Currently the most affordable Cheap Studio Apartment in Anchor is at Pinecrest Apartments listed at $690.

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

The lowest price for a Cheap One Bedroom Anchor Apartment is $780 at Class Act Realty.

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

Today's best deal for a Cheap Two Bedroom Apartment in Anchor is starting from $860 at Class Act Realty.

What is the most affordable Anchor Three Bedroom Apartment?

The best deal on a cheap Anchor Three Bedroom Apartment rental is at Briarwood II and starts from $1,199.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.