Cheap Apartments for Rent in Arcola, IL from $300 (17 Rentals)

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

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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920
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Hessel on the Park
2 Bedroom Apartments

Hessel on the Park

1601-1862 Valley RdChampaign, IL 61820
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Arcola, IL Local Guide

Cheapest Available Arcola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Arcola, IL is a 1 Bed unit found at Rider Place priced from $500. Arthur Ave Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $610. Here is today’s list of the most affordable Arcola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rider Place1 Bedroom1BR,1BA$500
Arthur Ave Apartments1x11BR,1BA$610
1905 12th St2BDR2BR,1BA$910
Melrose and Brooklyn Heights Apartments1 Bedroom1BR,1BA$920
Stone Ridge SquareOne Bedroom One Bathroom1BR,1BA$975

Best Value Apartments for Rent in Arcola, IL and Nearby

As of March 10, 2025 the best value apartment in the Arcola 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 Arcola apartment is the 2BR/1.5BA Town Model at Colony West starting at $1,500 with a $1.29 price per square foot . Here is today’s list of the best values for Arcola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Millennium Apartments3 Bedroom3BR,1BA$0.41
Colony West2BR/1.5BA Town2BR,1.5BA$1.29
The Whitney ApartmentsThree Bedroom3BR,3BA$1.48
Charleston Pointe Apartments2 Bedroom 2 Bathroom - Non Furnished2BR,2BA$1.16
Lincolnshire West2 Bedroom Garden Premium2BR,1.5BA$1.39
Royal Heights3 Person Occupancy3BR,1.5BA$1.11
Parkside- Pets AllowedUpgraded Two Bedroom One Bath2BR,1BA$1.21
Stone Ridge SquareOne Bedroom One Bathroom1BR,1BA$1.33
Arthur Ave Apartments1x11BR,1BA$0.97
Rider Place1 Bedroom1BR,1BA$0.92

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Getting Around Arcola, IL

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Arcola Apartments

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

The lowest price for a Cheap One Bedroom Arcola Apartment is $500 at Rider Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Arcola is starting from $630 at Rider Place.

What is the most affordable Arcola Three Bedroom Apartment?

The best deal on a cheap Arcola Three Bedroom Apartment rental is at Rider Place and starts from $675.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.