
Cheap Homes for Rent in Alexander, IL from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Alexander.


119 N 1st St

1710 S Henry St

619 S 5th St

1913 S 7th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

211 W County Rd

229 W Allen St

423 W Lawrence Ave

47 Imperial Valley Dr

160 Forrest Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

31 Imperial Valley Dr

4 Amos Valley Dr

514 E Oak St

1 Amos Valley Dr

613 S 5th St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Alexander, IL Local Guide

How much does it cost to rent a home in Alexander?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alexander 2 Bedroom Homes for Rent | $1,281 | $800 | $2,100 |
| Alexander 3 Bedroom Homes for Rent | $1,481 | $750 | $2,800 |
| Alexander 4 Bedroom Homes for Rent | $2,611 | $1,850 | $2,995 |
Browse Top Homes for Rent in Alexander
Explore Alexander
Alexander, IL Local Guide
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Cheapest Available Alexander Apartments for Rent and Nearby
 The cheapest available apartment rental in Alexander, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $485. Whispering Pines Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Alexander apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $485 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
| 106 S 4th St | 2 bedroom | 2BR,1BA | $800 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $800 |
Best Value Apartments for Rent in Alexander, IL and Nearby
As of June 18, 2026 the best value apartment in the Alexander area is the $1.09 price per square foot 3 Bedroom Model at Ash Grove in the starting from $1,450. The second greatest value Alexander apartment is the Townhome Model at Ravenwood Townhomes starting at $895 with a $0.90 price per square foot . Here is today’s list of the best values for Alexander apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ash Grove | 3 Bedroom | 3BR,2BA | $1.09 |
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.90 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| Safe Harbor Properties | 2 Bdr 1 Bath with Balcony. Capitol View. | 2BR,1BA | $1.01 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $1.03 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.88 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alexander, IL Rentals by Map
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Frequently Asked Questions about Alexander
What type of rentals are currently available in Alexander?
There are currently 45 Apartments for Rent in Alexander, IL with pricing that ranges from $347 to $3,400. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alexander ranging from $750 to $2,995.
What is the current price range for Rental Homes in Alexander?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alexander ranges from $750 to $2,995 with an average monthly rent of $1,564.
Expert Rental Resources
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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.