
Cheap Homes for Rent in Lane, IL from $400 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Lane.


305 W Bower St

1054 E Clay St

103 S Elder Ln

1236 E Moore St

341 S Haworth Ave

1363 E Johns Ave

290 S Maffit St

1236 E Clay St

2564 E Wood St

111 S Elder Ln

955 N Dunham St

531 S Martin Luther King Jr Dr

401 S 19th St

952 N Taylor Ave

1574 N Warren St
Lane, IL Local Guide

How much does it cost to rent a home in Lane?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lane 2 Bedroom Homes for Rent | $1,103 | $704 | $2,000 |
Lane 3 Bedroom Homes for Rent | $1,594 | $900 | $2,350 |
Lane 4 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Lane 6 Bedroom Homes for Rent | $400 | $400 | $400 |
Browse Top Homes for Rent in Lane
Explore Lane
Lane, IL Local Guide
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Cheapest Available Lane Apartments for Rent and Nearby
 The cheapest available apartment rental in Lane, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Washington Senior Apartments in the Downtown Bloomington neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $515. Here is today’s list of the most affordable Lane apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
Washington Senior Apartments | Studio | Studio,1BA | $515 |
Bradlee Park Apartments | Studio | Studio,1BA | $595 |
Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $700 |
Decatur Flats Apartments | 2BR/1.0BA | 2BR,1BA | $795 |
Best Value Apartments for Rent in Lane, IL and Nearby
As of April 16, 2025 the best value apartment in the Lane area is the $1.00 price per square foot 3BR/2.0BA Model at Decatur Flats Apartments in the starting from $1,299. The second greatest value Lane apartment is the All units Model at 3 Stortz Dr starting at $1,400 with a $1.17 price per square foot in the Downtown Bloomington neighborhood. Here is today’s list of the best values for Lane apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Decatur Flats Apartments | 3BR/2.0BA | 3BR,2BA | $1.00 |
3 Stortz Dr | All units | 2BR,2BA | $1.17 |
108 Oak Creek Plaza | 2/1 Vaulted Ceilings | 2BR,1BA | $1.00 |
Wingover Luxury Apartments and Townhomes | Two Bedroom/Two Bath | 2BR,2BA | $1.20 |
Ekstam Apartments | 2 Beds 2 Bath | 2BR,2BA | $1.14 |
Grove at Main Apartments | Caroline | 2BR,1BA | $1.18 |
Meadowview Apartments - Mahomet | Two Bedroom One Bathroom | 2BR,1BA | $0.99 |
2474 N Florian | 1st Floor | 2BR,1.5BA | $1.13 |
RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
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Frequently Asked Questions about Lane
What type of rentals are currently available in Lane?
There are currently 39 Apartments for Rent in Lane, IL with pricing that ranges from $515 to $7,320. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lane ranging from $400 to $2,350.
What is the current price range for Rental Homes in Lane?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lane ranges from $400 to $2,350 with an average monthly rent of $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 & 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.