Cheap Apartments for Rent in Alexis, IL from $400 (43 Rentals)

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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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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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Spencer Towers
1 Bedroom Apartments

Spencer Towers

111 20th StRock Island, IL 61201
  • Utilities Included
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Williamsburg Apartments
1 to 2 Bedroom Apartments

Williamsburg Apartments

1072 Olive StGalesburg, IL 61401
Corporate Housing
  • Utilities Included

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.

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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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Valley View
1 to 3 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included
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2323-3030 31st Ave
2 Bedroom Apartments

2323-3030 31st Ave

2323-3030 31st AveRock 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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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 $525. 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$525
Rock River Townhomes2 Bedroom-60%2BR,1BA$591
Century Woods Apartments1 BR 1 Bath1BR,1BA$615
RIVERWALK LOFTS2 Bed 1 Bath2BR,1BA$770
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$805
Pine Ridge1-sycam1BR,1BA$810
The Avenues At East Moline2 bed 1 bath2BR,1BA$820
Timber Ridge Apartments1BR/1.0BA1BR,1BA$825
Sanders ApartmentsStudioStudio,1BA$916
Deer Valley ApartmentsStudioStudio,1BA$945

Best Value Apartments for Rent in Alexis, IL and Nearby

As of June 15, 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
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$0.86
RIVERWALK LOFTS2 Bed 1 Bath2BR,1BA$0.87
Old Orchard EstatesThe Grove2BR,1BA$1.12
Crowne ForestTwo Bedroom2BR,2BA$1.22
Pine Ridge2-willow2BR,1BA$1.24
Century Woods Apartments1 BR 1 Bath1BR,1BA$0.82
The Avenues At East Moline2 bed 1 bath2BR,1BA$1.17
Timber Ridge Apartments1BR/1.0BA1BR,1BA$1.19

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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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.

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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 Sanders Apartments listed at $916.

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

The lowest price for a Cheap One Bedroom Alexis Apartment is $615 at Century Woods Apartments.

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 $525 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 Century Woods Apartments and starts from $815.

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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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.

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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.

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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.

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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.