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Apartments Under $500 in Danville, IL

1 - 11 of 11 Results
4
$431
204 E Hegeler Ln Unit H41
Danville, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
9
$450
1218-2N Walnut
Danville, IL
1 BR | Ask for Availability
Contact
House
10
$476
710 Mill St
Georgetown, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
5
$485
204 E Hegeler Ln Unit H31
Danville, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
18
$495
111-2 Fairweight
Danville, IL
1 BR | Ask for Availability
Contact
House
4
$500
112 E Vermilion St
Catlin, IL
Studio | Available Now
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8
$475
504-3 Woodbury
Danville, IL
1 BR | Ask for Availability
Contact
House
7
$375
1124-2 Walnut
Danville, IL
Studio | Ask for Availability
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House
11
$495
1307-C Lape
Danville, IL
1 BR | Ask for Availability
Contact
Cat Friendly
House
9
$475
936-C Hazel
Danville, IL
1 BR | Ask for Availability
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House
9
$450
1112-D Gilbert
Danville, IL
1 BR | Ask for Availability
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House
1 - 11 of 11 Results
  1. Home
  2. Danville
  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Danville, IL on Rentable.co?

There are 11 apartments under $500 in Danville currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Danville?

Rentable.co has 5 studio apartments under $500 available for rent in Danville.

How many one-bedroom apartments under $500 are available in Danville?

Rentable.co has 15 one-bedroom apartments under $500 available for rent in Danville.

How many two-bedroom apartments under $500 are available in Danville?

Rentable.co has 3 two-bedroom apartments under $500 available for rent in Danville.

Can I afford a apartment under $500 in Danville, IL?

To comfortably afford a apartment under $500 in Danville based on average rent prices, a household would need an annual income of $19,000.

Apartments Under $500 in Danville, IL: November Rental Information

Welcome to the November 2026 Danville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2026 key findings and figures for the Danville rental landscape.
Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Danville and surrounding areas. This summary also provides an insight into available features and amenities, as well as location options for apartments under $500 in Danville.
0 2 5 7 10 <$500 $520 $560 $600 $640 $680 $720 $760 >$800
This month, the typical cost to rent a one-bedroom apartment in Danville stands at $550, with the majority falling between $430 and $730. Out of the 62 one-bedroom apartments currently on the market in Danville, 15 are priced below $500, accounting for 24% of the total available one-bedroom units in Danville.

Available Apartments Under $500: Danville vs. Surrounding Areas

Danville, IL
11

Apartments Under $500 Now vs. Last Month: Danville and Surrounding Areas

City Apartments Under $500 in November M/M % Change
Danville, IL 11 +0.86%

Looking for Apartments Under $500 in Danville?

Available apartments under $500 21
Top amenities On Site Laundry
Pet friendly 4
Studio 2
1 Bedroom 6
2 Bedroom 4
Square footage 500 - 700
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