Cheap Apartments for Rent in Gibson City, IL from $500 (22 Rentals)

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

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Parker Glen
2 to 3 Bedroom Apartments

Parker Glen

2501 N Neil StChampaign, IL 61820

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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Town Center Apartments
2 to 3 Bedroom Apartments

Town Center Apartments

2413 N Neil StChampaign, IL 61820
  • Utilities Included

Gibson City, IL Local Guide

Cheapest Available Gibson City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Gibson City, IL is a 3 Beds unit found at Parker Glen priced from $525. Twin Oaks 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 Gibson City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Glen3 Bedroom3BR,2BA$525
Twin Oaks2423 W. Bradley Ave1BR,1BA$610
Windcrest ApartmentsStudio / 1 BathroomStudio,1BA$615
Falcon Way TownhomesOne Bedroom1BR,1BA$654
ONYXThe Cottage2BR,1BA$795

Best Value Apartments for Rent in Gibson City, IL and Nearby

As of May 19, 2025 the best value apartment in the Gibson City area is the $1.20 price per square foot Juniper Model at Middletown Place Apartments in the starting from $1,700. The second greatest value Gibson City apartment is the Three Bedroom Standar Model at Capstone Quarters starting at $565 with a $0.40 price per square foot in the Campustown IL neighborhood. Here is today’s list of the best values for Gibson City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Middletown Place ApartmentsJuniper2BR,2BA$1.20
Capstone QuartersThree Bedroom Standar3BR,3BA$0.40
Tuscany Ridge Townhomes3 Bedroom Townhome (Remodeled)3BR,2.5BA$1.18
Nantucket Cove Apartment HomesThe Cambridge3BR,2BA$1.17
The Cove At Boulder Ridge2 bedroom 2 bath2BR,2BA$1.23
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1.5BA$0.79
Wellington Place2 Bedroom2BR,1.5BA$1.01
Park VistaThree Bedroom (Remodeled)3BR,1BA$1.26
Meadowview Apartments - MahometTwo Bedroom One Bathroom2BR,1BA$0.99
Twin Oaks2423 W. Bradley Ave1BR,1BA$1.11

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Gibson City, IL

Ranked #134

Among cities in Illinois for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Gibson City, IL Rentals by Map

View MapGibson City, IL Apartments MapView MapGibson City, IL Rental Homes Map

Getting Around Gibson City, IL

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Gibson City Apartments

How much is rent for a Cheap One Bedroom Gibson City Apartment?

The lowest price for a Cheap One Bedroom Gibson City Apartment is $610 at Twin Oaks.

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

Today's best deal for a Cheap Two Bedroom Apartment in Gibson City is starting from $795 at ONYX.

What is the most affordable Gibson City Three Bedroom Apartment?

The best deal on a cheap Gibson City Three Bedroom Apartment rental is at Parker Glen and starts from $525.

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

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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

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

Written by: Brandie Parton

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