
Cheap Apartments for Rent in Alhambra, IL from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Alhambra.


Flax Meadow Townhomes

Cedar Point Apartments

Godfrey Estates

ReNew at Alton
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.

Metro Apartments at Wood River

Metro Apartments At Bethalto

Broadway Place

Metro Apartments At Collinsville

Metro Apartments at Granite City

117 N Shamrock St

523 S Central Ave

900 8th St
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.

20 Raylynn Ct

1404 Willard St

505 S 3rd St

12 Coachlight Trailer Park

23 Coachlight Trailer Park

8 Jardin Ct

251 Victory Dr
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.

133 Sandridge Dr
Alhambra, IL Local Guide

How much does it cost to rent an apartment in Alhambra?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alhambra Studio Apartments | $1,072 | $750 | $1,395 |
Alhambra 1 Bedroom Apartments | $1,488 | $650 | $2,095 |
Alhambra 2 Bedroom Apartments | $1,675 | $680 | $3,225 |
Alhambra 3 Bedroom Apartments | $1,806 | $800 | $2,780 |
Alhambra 4 Bedroom Apartments | $1,172 | $675 | $2,700 |
Browse Top Apartments in Alhambra
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Alhambra, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
McKay Manor | 2 Bedroom | 2BR,1BA | $548 |
Rocwood Apartments | 1BR Units | 1BR,1BA | $650 |
Cedar Point Apartments | One Bedroom Garden | 1BR,1BA | $900 |
Metro Apartments at Wood River | Save up to $500 off Move In Costs with your EXC... | 1BR,1BA | $950 |
Metro Apartments At Bethalto | Save 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
McKay Manor | 3 Bedroom | 3BR,2BA | $0.58 |
Storyboard on Hayden | Hayden B1 | 2BR,2.5BA | $1.08 |
Parc at 720 | B1 | 2BR,2BA | $0.73 |
Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.18 |
Townhomes on Luan Drive | 2BR | 2BR,1.5BA | $1.35 |
Brookside Manor | One Bedroom | 1BR,1BA | $1.38 |
Broadway Place | 2 Beds, 1 bath | 2BR,1BA | $1.34 |
Metro Apartments at Wood River | Save up to $500 off Move In Costs with your EXC... | 1BR,1BA | $1.36 |
Metro Apartments At Bethalto | Save up to $500 off Move In Costs with your EXC... | 1BR,1BA | $1.36 |
Rocwood Apartments | 1BR Units | 1BR,1BA | $1.05 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alhambra, IL Rentals by Map
See the most popular apartments and homes in Alhambra, IL
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.