Cheap Apartments for Rent in Alhambra, IL from $500 (24 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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McKay Manor
2 to 3 Bedroom Apartments

McKay Manor

1 McKay Manor DrBreese, IL 62230

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Alhambra, IL Local Guide

Cheapest Available Alhambra Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alhambra, IL is a 2 Beds unit found at McKay Manor priced from $548. Rocwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Alhambra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McKay Manor2 Bedroom2BR,1BA$548
Rocwood Apartments1BR Units1BR,1BA$650
Cedar Point ApartmentsOne Bedroom Garden1BR,1BA$900
Metro Apartments at Wood RiverSave up to $500 off Move In Costs with your EXC...1BR,1BA$950
Metro Apartments At BethaltoSave up to $500 off Move In Costs with your EXC...1BR,1BA$950

Best Value Apartments for Rent in Alhambra, IL and Nearby

As of July 30, 2025 the best value apartment in the Alhambra area is the $0.58 price per square foot 3 Bedroom Model at McKay Manor in the starting from $730. The second greatest value Alhambra apartment is the Hayden B1 Model at Storyboard on Hayden starting at $1,350 with a $1.08 price per square foot in the Metro East neighborhood. Here is today’s list of the best values for Alhambra apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
McKay Manor3 Bedroom3BR,2BA$0.58
Storyboard on HaydenHayden B12BR,2.5BA$1.08
Parc at 720B12BR,2BA$0.73
Storyboard on LancashireLancashire B12BR,1BA$1.18
Townhomes on Luan Drive2BR2BR,1.5BA$1.35
Brookside ManorOne Bedroom1BR,1BA$1.38
Broadway Place2 Beds, 1 bath2BR,1BA$1.34
Metro Apartments at Wood RiverSave up to $500 off Move In Costs with your EXC...1BR,1BA$1.36
Metro Apartments At BethaltoSave up to $500 off Move In Costs with your EXC...1BR,1BA$1.36
Rocwood Apartments1BR Units1BR,1BA$1.05

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Getting Around Alhambra, IL

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Alhambra Apartments

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

The lowest price for a Cheap One Bedroom Alhambra Apartment is $650 at Rocwood Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Alhambra is starting from $548 at McKay Manor.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.