
Cheap Homes for Rent in Indianola, IL from $600 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Indianola.


1120 Martin St

36 Lake St

17 Fairweight Ave

22 Delaware Ave

835 Johnson St

515 Sheridan St

16 S Buchanan St

50 Lake St

422 Anderson St
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.

1007 May St

706 Edith St

1304 Lape St

107 State St N

732 South St

12 S Virginia Ave

760 S Fulton St

9 Cronkhite Ave

920 Giddings St

304 S East St

904 N Broadway Ave
Indianola, IL Local Guide

How much does it cost to rent a home in Indianola?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Indianola 2 Bedroom Homes for Rent | $900 | $695 | $1,700 |
Indianola 3 Bedroom Homes for Rent | $1,300 | $775 | $2,900 |
Indianola 4 Bedroom Homes for Rent | $1,403 | $895 | $1,965 |
Indianola 5 Bedroom Homes for Rent | $2,715 | $1,095 | $3,950 |
Browse Top Homes for Rent in Indianola
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Indianola, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brookhaven | Studio | Studio,1BA | $525 |
Brunswick Apartments | Studio | Studio,1BA | $625 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $726 |
106 N gregory | 1 bed | 1BR,1BA | $735 |
Town and Country | Danbury | 1BR,1BA | $845 |
Best Value Apartments for Rent in Indianola, IL and Nearby
As of April 24, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
200 Vine St | 2 Bedroom/2.5 bath | 2BR,2BA | $1.07 |
Campus Circle Urbana | D2 | 4BR,4BA | $0.72 |
Devonshire Village | 2 Bed 2 Bath Private Entry | 2BR,2BA | $1.21 |
Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.60 |
202 E Crockett | 2 Bedroom | 2BR,1BA | $1.05 |
Aspen Court | The Sugar Maple | 2BR,1.5BA | $1.10 |
Parkside | 2 Bedroom 1 Bath 850 SF Upgrade | 2BR,1BA | $1.21 |
The Grove | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
Stone Ridge Square | 1 Bedroom 1 Bath 730 SF | 1BR,1BA | $1.34 |
106 N gregory | 1 bed | 1BR,1BA | $1.05 |
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Frequently Asked Questions about Indianola
What type of rentals are currently available in Indianola?
There are currently 42 Apartments for Rent in Indianola, IL with pricing that ranges from $525 to $2,500. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianola ranging from $695 to $3,950.
What is the current price range for Rental Homes in Indianola?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Indianola ranges from $695 to $3,950 with an average monthly rent of $1,579.
How much are larger Three and Four Bedroom Rentals in Indianola?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Indianola range from $875 to $1,730, while Three Bedroom Homes, Condos, and Townhomes for rent range from $775 to $2,900. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $999.
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.

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.

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.

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.

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.