
Cheap Apartments for Rent in Palestine, IL from $300 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Palestine.


6th St Apartments

Arthur Ave Apartments

Southern Meadows

Highland Terrace

Willow Crossings

Lakewood Apartments

Historic Walnut Square
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.

629 4th St NW

418 S 7th St

122 S 12th St

140 Main St, Unit Front

1103 Broadway St

420 S 7th St

600 S 4th St

1201 S 7th St

1814 S 7th St
Palestine, IL Local Guide

How much does it cost to rent an apartment in Palestine?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palestine Studio Apartments | $735 | $625 | $870 |
Palestine 1 Bedroom Apartments | $926 | $536 | $1,385 |
Palestine 2 Bedroom Apartments | $1,137 | $519 | $1,950 |
Palestine 3 Bedroom Apartments | $1,429 | $925 | $2,622 |
Palestine 4 Bedroom Apartments | $1,524 | $465 | $2,520 |
Browse Top Apartments in Palestine
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Palestine, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Palestine Apartments for Rent and Nearby
 The cheapest available apartment rental in Palestine, IL is a 1 Bed unit found at Union Pointe in the Downtown Terre Haute neighborhood priced from $550. Arthur Ave Apartments 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 Palestine apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
Southern Meadows | Studio | Studio,1BA | $625 |
Willow Crossings | Phase I - Studio | Studio,1BA | $680 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $700 |
Best Value Apartments for Rent in Palestine, IL and Nearby
As of April 21, 2025 the best value apartment in the Palestine area is the $1.12 price per square foot 3 Bed Townhome Model at The Flats of Terre Haute in the in the Downtown Terre Haute neighborhood starting from $1,850. The second greatest value Palestine apartment is the 4x2 Model at Arbors at Honey Creek starting at $1,347 with a $0.93 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Palestine apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Flats of Terre Haute | 3 Bed Townhome | 3BR,2.5BA | $1.12 |
Arbors at Honey Creek | 4x2 | 4BR,2BA | $0.93 |
Harrison West | 3 Bedroom | 3BR,2BA | $0.91 |
Royal Heights | 3 Person Occupancy | 3BR,1.5BA | $1.11 |
Highland Terrace | 2 Bed 1 Bath | 2BR,1BA | $1.13 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.85 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
Wabash Riverfront Flats | 2 bed 1 Bath | 2BR,1BA | $0.95 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
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Getting Around Palestine, IL
Walk Score®
25 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 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 Palestine Apartments
What is the Cheapest Studio apartment in Palestine?
Currently the most affordable Cheap Studio Apartment in Palestine is at Southern Meadows listed at $625.
How much is rent for a Cheap One Bedroom Palestine Apartment?
The lowest price for a Cheap One Bedroom Palestine Apartment is $550 at Union Pointe.
What is the lowest price for a Cheap Two Bedroom Palestine Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Palestine is starting from $700 at Historic Walnut Square.
What is the most affordable Palestine Three Bedroom Apartment?
The best deal on a cheap Palestine Three Bedroom Apartment rental is at Harrison West and starts from $1,000.
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.