
Cheap Homes for Rent in Vermilion, IL from $500 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Vermilion.


122 S 12th St

2333 N 14th St

1034 N 7th St

6333 N 35th St

1034 N 8th St

420 S 7th St

1201 S 7th St

600 S 4th St

19 N 12th 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.

1358 Chestnut St

517 N 14th St

676 Delaware Ave

2305 N 11th St

760 S Fulton St

1400 Wabash Ave

900 S 7th St

3771 E Park Ave

1058 US-150
Vermilion, IL Local Guide

How much does it cost to rent a home in Vermilion?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Vermilion 2 Bedroom Homes for Rent | $886 | $600 | $1,700 |
Vermilion 3 Bedroom Homes for Rent | $1,249 | $895 | $2,000 |
Browse Top Homes for Rent in Vermilion
Explore Vermilion
Vermilion, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brookhaven | Studio | Studio,1BA | $525 |
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $700 |
The Deming | A | 1BR,1BA | $709 |
Best Value Apartments for Rent in Vermilion, IL and Nearby
As of April 25, 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 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 |
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
Royal Heights | 3 Person Occupancy | 3BR,1.5BA | $1.11 |
Harrison West | 2 Bedroom | 2BR,1BA | $0.93 |
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 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
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Frequently Asked Questions about Vermilion
What type of rentals are currently available in Vermilion?
There are currently 37 Apartments for Rent in Vermilion, IL with pricing that ranges from $465 to $2,622. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Vermilion ranging from $575 to $3,600.
What is the current price range for Rental Homes in Vermilion?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Vermilion ranges from $575 to $3,600 with an average monthly rent of $1,604.
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.