Cheap Homes for Rent in Arcola, IL from $800 (15 Rentals)

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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
Kobuck Apartments1206 Wesley Ave 1bd/1ba1BR,1BA$795
Southwest Apartments1902 Karen Ct1BR,1BA$795
1905 12th St2BDR2BR,1BA$910

Best Value Apartments for Rent in Arcola, IL and Nearby

As of April 21, 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 2404 Leeper Dr Model at Southwest Apartments starting at $1,350 with a $1.32 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
Southwest Apartments2404 Leeper Dr2BR,1.5BA$1.32
Charleston Pointe Apartments2 Bedroom 2 Bathroom - Non Furnished2BR,2BA$1.16
Colony West2BR/1BA Condo2BR,1BA$1.16
Lincolnshire West2 Bedroom Garden Premium2BR,1.5BA$1.39
Royal Heights3 Person Occupancy3BR,1.5BA$1.11
Parkside2 Bedroom 1 Bath 850 SF Upgrade2BR,1BA$1.21
Stone Ridge Square1 Bedroom 1 Bath 730 SF1BR,1BA$1.34
Arthur Ave Apartments1x11BR,1BA$0.97
Rider Place1 Bedroom1BR,1BA$0.92

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Frequently Asked Questions about Arcola

What type of rentals are currently available in Arcola?

There are currently 38 Apartments for Rent in Arcola, IL with pricing that ranges from $500 to $3,400. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arcola ranging from $885 to $3,950.

What is the current price range for Rental Homes in Arcola?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Arcola ranges from $885 to $3,950 with an average monthly rent of $2,417.

How much are larger Three and Four Bedroom Rentals in Arcola?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Arcola range from $675 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,299 and Four Bedroom Apartments start at $1,449.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.