Cheap Apartments for Rent in Vermilion, IL from $300 (23 Rentals)

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

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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920
property at 2333 N 14th St

2333 N 14th St

Terre HauteIN47804
property at 420 S 7th St

420 S 7th St

Terre HauteIN47807
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Vermilion, IL Local Guide

Cheapest Available Vermilion Apartments for Rent and Nearby

 

The cheapest available apartment rental in Vermilion, IL is a Studio unit found at Brookhaven priced from $525. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Vermilion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
BrookhavenStudioStudio,1BA$525
Union Pointe1 Bedroom1BR,2BA$550
Arthur Ave Apartments1x11BR,1BA$610
Historic Walnut SquareTwo Bedroom2BR,1BA$700
Winston Terrace1BR/1BA1BR,1BA$725

Best Value Apartments for Rent in Vermilion, IL and Nearby

As of April 18, 2025 the best value apartment in the Vermilion 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 Vermilion 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 Vermilion apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Flats of Terre Haute3 Bed Townhome3BR,2.5BA$1.12
Arbors at Honey Creek4x24BR,2BA$0.93
Harrison West3 Bedroom3BR,2BA$0.91
Charleston Pointe Apartments2 Bedroom 2 Bathroom - Non Furnished2BR,2BA$1.16
Royal Heights3 Person Occupancy3BR,1.5BA$1.11
Highland Terrace2 Bed 1 Bath2BR,1BA$1.13
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.85
Arthur Ave Apartments1x11BR,1BA$0.97
Union Pointe1 Bedroom1BR,2BA$0.92

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Location, Location, Location!

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Getting Around Vermilion, IL

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

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 Vermilion Apartments

What is the Cheapest Studio apartment in Vermilion?

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

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

The lowest price for a Cheap One Bedroom Vermilion Apartment is $550 at Union Pointe.

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

Today's best deal for a Cheap Two Bedroom Apartment in Vermilion is starting from $700 at Historic Walnut Square.

What is the most affordable Vermilion Three Bedroom Apartment?

The best deal on a cheap Vermilion 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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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.

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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.