Cheap Apartments for Rent in Indianola, IL from $500 (36 Rentals)

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

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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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Townway Place
1 to 2 Bedroom Apartments

Townway Place

2730 Townway RdDanville, IL 61832
  • Utilities Included
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Willow Springs
2 Bedroom Apartments

Willow Springs

1606 Willow View RdUrbana, IL 61802
Furnished
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Showing Results 1-36, Page 1 of 1

Indianola, IL Local Guide

Cheapest Available Indianola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Indianola, IL is a Studio unit found at Brookhaven priced from $525. Brunswick Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Indianola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
Brunswick ApartmentsStudioStudio,1BA$625
The Grove1 Bed 1 Bath1BR,1BA$726
106 N gregory1 bed1BR,1BA$735
Town and CountryDanbury1BR,1BA$845
Devonshire Village1 Bed 1 Bath1BR,1BA$900
202 E Crockett2 Bedroom2BR,1BA$945
Eastland ApartmentsStudio ApartmentStudio,1BA$950
Aspen CourtThe Sugar Maple2BR,1BA$950
Stone Ridge Square1 Bedroom 1 Bath 730 SF1BR,1BA$975

Best Value Apartments for Rent in Indianola, IL and Nearby

As of April 28, 2025 the best value apartment in the Indianola 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 Indianola apartment is the D2 Model at Campus Circle Urbana starting at $989 with a $0.72 price per square foot in the Downtown Champaign neighborhood. Here is today’s list of the best values for Indianola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1.07
Campus Circle UrbanaD24BR,4BA$0.72
Devonshire Village2 Bed 2 Bath Private Entry2BR,2BA$1.21
Campus OaksFloorplan A - Price per person4BR,2BA$0.60
202 E Crockett2 Bedroom2BR,1BA$1.05
Aspen CourtThe Sugar Maple2BR,1.5BA$1.10
Parkside2 Bedroom 1 Bath 850 SF Upgrade2BR,1BA$1.21
The Grove1 Bed 1 Bath1BR,1BA$0.97
Stone Ridge Square1 Bedroom 1 Bath 730 SF1BR,1BA$1.34
106 N gregory1 bed1BR,1BA$1.05

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Getting Around Indianola, IL

Bike Score®

25 / 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 Indianola Apartments

What is the Cheapest Studio apartment in Indianola?

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

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

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

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

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

What is the most affordable Indianola Three Bedroom Apartment?

The best deal on a cheap Indianola 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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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.

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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.