
Cheap Homes for Rent in Lane, IL from $400 (14 Rentals)
Cheap Homes in Lane.


305 W Bower St

1054 E Clay St

103 S Elder Ln

1236 E Moore St

341 S Haworth Ave

1312 E Logan St
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.

1363 E Johns Ave

290 S Maffit St

111 S Elder Ln

401 S 19th St

955 N Dunham St

952 N Taylor Ave

1574 N Warren 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.
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 | $1,157 | $704 | $2,595 |
Lane 3 Bedroom Homes for Rent | $1,526 | $900 | $2,350 |
Lane 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Lane 5 Bedroom Homes for Rent | $3,850 | $3,200 | $4,500 |
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. Moundford Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $575. 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 |
Moundford Terrace | Efficiency | Studio,1BA | $575 |
Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
Decatur Flats Apartments | 2BR/1.0BA | 2BR,1BA | $750 |
Arbors at Eastland | The Oak | 1BR,1BA | $800 |
Best Value Apartments for Rent in Lane, IL and Nearby
As of May 09, 2025 the best value apartment in the Lane area is the $0.95 price per square foot 3 bed - 1.5 bath Model at Hershey Townhomes in the in the Downtown Normal neighborhood starting from $1,499. The second greatest value Lane apartment is the 3BR/ 1BA Model at East Douglas Apartments starting at $1,200 with a $1.00 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. |
---|---|---|---|
Hershey Townhomes | 3 bed - 1.5 bath | 3BR,1.5BA | $0.95 |
East Douglas Apartments | 3BR/ 1BA | 3BR,1BA | $1.00 |
108 Oak Creek Plaza | 2/1 Vaulted Ceilings | 2BR,1BA | $1.00 |
Ekstam Apartments | 2 Beds 2 Bath | 2BR,2BA | $1.14 |
Danbury Court Apartments | Two Bedroom, Two Bath (affordable) | 2BR,2BA | $1.03 |
Timber Cove | The Whitehall | 2BR,1BA | $0.95 |
Decatur Flats Apartments | 2BR/1.0BA | 2BR,1BA | $0.86 |
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 40 Apartments for Rent in Lane, IL with pricing that ranges from $507 to $9,208. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lane ranging from $400 to $4,500.
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 $4,500 with an average monthly rent of $1,776.
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.

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.

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.

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.

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.