Cheap Apartments for Rent in Alexis, IL from $400 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in Alexis.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Spencer Towers
1 Bedroom Apartments

Spencer Towers

111 20th StRock Island, IL 61201
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Williamsburg Apartments
1 to 2 Bedroom Apartments

Williamsburg Apartments

1072 Olive StGalesburg, IL 61401
Corporate Housing
  • Utilities Included
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443 2nd Ave D
1 Bedroom Apartments

443 2nd Ave D

443 2nd Avenue DSilvis, IL 61282
Corporate Housing
  • Utilities Included
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Valley View
1 to 3 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included

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.

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2323-3030 31st Ave
2 Bedroom Apartments

2323-3030 31st Ave

2323-3030 31st AveRock Island, IL 61201
  • Utilities Included

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.

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Alexis, IL Local Guide

Cheapest Available Alexis Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alexis, IL is a 2 Beds unit found at Mayfair Manor priced from $550. Rock River Townhomes in the Outer Davenport Bettendorf neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $591. Here is today’s list of the most affordable Alexis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mayfair Manor2x12BR,1BA$550
Rock River Townhomes2 Bedroom-60%2BR,1BA$591
Bridgeview ApartmentsStudioStudio,1BA$650
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$650
PARKWAY ESTATES1 Bedroom 1 Bath1BR,1BA$690
Pine Ridge1-norwa1BR,1BA$805
The Avenues At East Moline2 bed 1 bath2BR,1BA$820
Timber Ridge Apartments1BR/1.0BA1BR,1BA$825
Sanders ApartmentsStudioStudio,1BA$916
Fox Pointe ApartmentsMina1BR,1BA$923

Best Value Apartments for Rent in Alexis, IL and Nearby

As of July 31, 2026 the best value apartment in the Alexis area is the $1.09 price per square foot 3 Bedroom 60% Model at Rock River Townhomes in the in the Outer Davenport Bettendorf neighborhood starting from $1,470. The second greatest value Alexis apartment is the 1bd/1ba Model at Davenport Bank Apartments starting at $1,250 with a $1.04 price per square foot in the Vander Veer Park neighborhood. Here is today’s list of the best values for Alexis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rock River Townhomes3 Bedroom 60%3BR,2.5BA$1.09
Davenport Bank Apartments1bd/1ba1BR,1BA$1.04
Bucktown Lofts1 BR/ 1 BA1BR,1BA$0.84
Homewood Manorb1r2BR,1.5BA$1.07
PARKWAY ESTATES1 Bedroom 1 Bath1BR,1BA$0.95
The Avenues At East Moline2 bed 1 bath2BR,1BA$1.17
Timber Ridge Apartments1BR/1.0BA1BR,1BA$1.19
Pine Ridge1-sycam1BR,1BA$1.20
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.99
Bridgeview ApartmentsStudioStudio ,1BA$1.08

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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Alexis, IL Rentals by Map

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See the most popular apartments and homes in Alexis, IL

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Frequently Asked Questions about Cheap Alexis Apartments

What is the Cheapest Studio apartment in Alexis?

Currently the most affordable Cheap Studio Apartment in Alexis is at Bridgeview Apartments listed at $650.

How much is rent for a Cheap One Bedroom Alexis Apartment?

The lowest price for a Cheap One Bedroom Alexis Apartment is $650 at RIVERWALK LOFTS.

What is the lowest price for a Cheap Two Bedroom Alexis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alexis is starting from $550 at Mayfair Manor.

What is the most affordable Alexis Three Bedroom Apartment?

The best deal on a cheap Alexis Three Bedroom Apartment rental is at Crowne Forest and starts from $1,312.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.