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Apartments for Rent in Illinois under $500
50 Rentals Available

  • Today

    820 W Freeman St, Carbondale, IL 62901
    5 Units available
    • Studio
    • $400+
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  • Resident Rated
    Today

    404 Edgebrook Dr, Champaign, IL 61820
    1 Unit available
    • Studio
    • $499+
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  • Today

    600 W Mill St, Carbondale, IL 62901
    1 Unit available
    • Studio
    • $456+
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  • Top Rated for Staff
    Today

    405 E College St, Carbondale, IL 62901
    5 Units available
    • Studio
    • $435+
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  • Today

    Chicago Apartment Place, Inc., Chicago, IL 60613
    Contact for availability
    • Studio
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    • Studio
    • 1
    • 2
    • 3
    • 4+
  • Today

    2225 North 12Th Street, Quincy, IL 62305
    1 Unit available
    • 2 BEDS
    • 3 BEDS
    • Ask for pricing
    • $275+
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  • Top Rated for Amenities
    Today

    611 North Dye Street, Virden, IL 62690
    Contact for availability
    • 1 BED
    • $469
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  • Today

    2504 Buxton Drive, MATTOON, IL 61938
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    • 1 BED
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  • Top Rated for Location
    Today

    2159 W Huron St, Chicago, IL 60612
    1 Unit available
    • Studio
    • $175
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  • Today

    829 W. Taylor St. (Office), Dekalb, IL 60115
    9 Units available
    • Studio
    • $30
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  • Today

    1711 W Carl Sandburg Dr, Galesburg, IL 61401
    Contact for availability
    • 1 BED
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  • Today

    1018 N. Sixth St. #D-1, Monmouth, IL 61462
    Contact for availability
    • 1 BED
    • $494
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  • 12 days ago

    5000 S 5Th Ave. Bldg 240, Hines, IL 60141
    1 Unit available
    • Studio
    • 1 BED
    • $414
    • Ask for pricing
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  • Today

    800 Randall Road, Carlinville, IL 62626
    1 Unit available
    • 1 BED
    • $390
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  • 1 day ago

    6800 S. Normal Avenue, Chicago, IL 60621
    2 Units available
    • Studio
    • $425
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  • Today

    227 Country Place Lane, Villa Grove, IL 61956
    Contact for availability
    • 1 BED
    • 2 BEDS
    • $452+
    • Ask for pricing
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  • Today

    207 West Lake St, Moweaqua, IL 62550
    Contact for availability
    • 1 BED
    • $497
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  • Today

    929 W. Johnson St., Vandalia, IL 62471
    Contact for availability
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $463+
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  • Today

    112 S. John St, Dwight, IL 60420
    Contact for availability
    • 1 BED
    • $492
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  • Top Rated for Location
    Today

    202 S. Maple Street, Maroa, IL 61756
    Contact for availability
    • 1 BED
    • 2 BEDS
    • $470
    • Ask for pricing
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  • Top Rated for Location
    94 days ago

    509 Plaza Dr., Mendota, IL 61342
    Contact for availability
    • 1 BED
    • $465
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  • Today

    3355 N. Clark St., Chicago, IL 60657
    1 Unit available
    • Studio
    • $200
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  • Today

    205 Birch St., Moweaqua, IL 62550
    Contact for availability
    • 1 BED
    • $474
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  • Today

    123 N. Jefferson St., Chicago, IL 60661
    1 Unit available
    • Studio
    • $325
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  • Today

    101 Circle Drive, Lanark, IL 61046
    Contact for availability
    • 1 BED
    • $446
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  • 105 days ago

    7845 S Colfax Ave., Chicago, IL 60649
    2 Units available
    • 1 BED
    • 2 BEDS
    • Ask for pricing
    • $500+
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  • Today

    5000 S 5Th Ave. Bldg 240, Hines, IL 60141
    6 Units available
    • Studio
    • 1 BED
    • $414
    • $414
    View Property

Renting apartments in Illinois under $500

Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 49 apartments for rent in Illinois from 26 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $500, and make the most out of your budget.

Finding the best rental near you

Illinois is an amazing place to call home, with several rentals under $500 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $30 in Illinois, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!