Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Danville area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Under $500 in Danville, IL

1 - 10 of 10 Results
7
$463
204 E Hegeler Ln Unit H26
Danville, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
4
$500
112 E Vermilion St
Catlin, IL
Studio | Available Now
Contact
8
$495
104.5 Buchanan
Danville, IL
1 BR | Ask for Availability
Contact
House
9
$485
204 E Hegeler Ln Unit H31
Danville, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
10
$476
710 Mill St
Georgetown, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
9
$495
1307-C Lape
Danville, IL
1 BR | Ask for Availability
Contact
House
23
$475 - 495
1124-2 Walnut
Danville, IL
Studio - 1 BR | Ask for Availability
Contact
House
1
$265
Big Rock East Mobile Home Park
1330 W Williams St Danville, IL
2 BR | Available Now
Contact
1
$265
Glendale Mobile Home Park
1831 Perrysville Rd Danville, IL
3 BR | Available Now
Contact
13
$400
425-1B Vermilion
Danville, IL
1 BR | Ask for Availability
Contact
House
1 - 10 of 10 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 10 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 6 one-bedroom apartments under $500 available for rent in Danville.

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

Rentable.co has 7 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: June Rental Information

Welcome to the June 2026 Danville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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 <$400 $420 $460 $500 $540 $580 $620 $660 $700 $740 $780
This month, the typical cost to rent a one-bedroom apartment in Danville stands at $650, with the majority falling between $400 and $880. Out of the 60 one-bedroom apartments currently on the market in Danville, 6 are priced below $500, accounting for 10% of the total available one-bedroom units in Danville.

Available Apartments Under $500: Danville vs. Surrounding Areas

Danville, IL
14

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

City Apartments Under $500 in June M/M % Change
Danville, IL 15 +1.1%

Looking for Apartments Under $500 in Danville?

Available apartments under $500 18
Pet friendly 3
Studio 3
1 Bedroom 3
2 Bedroom 3
Browse Danville Apartments
Danville Apartments by Bedrooms
Danville Apartments by Affordability
Danville Apartments with Amenities
Danville Apartments by Type
Danville Apartments by Zip Code