Cheap Apartments for Rent in Alma, IL from $500 (30 Rentals)

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

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.

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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.

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Newton Senior Housing
1 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Included
property at 205 North St

205 North St

RaymondIL62560

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-30, Page 1 of 1

Alma, IL Local Guide

Cheapest Available Alma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alma, IL is a 2 Beds unit found at McKay Manor priced from $524. Centralia Estates has the second lowest priced unit, which is a 3 Beds apartment currently listed from $808. Here is today’s list of the most affordable Alma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McKay Manor2 Bedroom2BR,1BA$524
Centralia EstatesUnit 783BR,2BA$808
215 anderson lane A1 BR / 1 BA1BR,1BA$825
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$845
Parkview2x12BR,1BA$975
Shiloh Commons HoldingsA2 1Bed | 1 Bath1BR,1BA$985
Green Door Apartments“Two Ways to Save—You Choose!” $1,000 Move-In ...1BR,1BA$1,000
Linwood ApartmentsTwo Bed One Bath2BR,1BA$1,000
Storyboard on RockwoodRockwood A11BR,1BA$1,040
Westmont Apartments2x12BR,1BA$1,075

Best Value Apartments for Rent in Alma, IL and Nearby

As of June 01, 2025 the best value apartment in the Alma area is the $1.13 price per square foot Hayden B1 Model at Storyboard on Hayden in the in the Timberbrook neighborhood starting from $1,410. The second greatest value Alma apartment is the Unit 48 Model at Centralia Estates starting at $1,249 with a $1.03 price per square foot . Here is today’s list of the best values for Alma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Storyboard on HaydenHayden B12BR,2.5BA$1.13
Centralia EstatesUnit 483BR,2BA$1.03
Brookside ManorTwo Bedroom2BR,1.5BA$1.13
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
Townhomes on Luan Drive2BR2BR,1.5BA$1.35
215 anderson lane A2 BR / 1 BA2BR,1BA$1.07
Storyboard on RockwoodRockwood B22BR,1.5BA$1.29
McKay Manor2 Bedroom2BR,1BA$0.53
Parkview2x12BR,1BA$1.03
Winchester Place Apartments1 Bedroom / 1 Bath Loft 895 sq ft1BR,1BA$1.25

Quick Rent Budget Calculator

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

Explore Alma, IL Rentals by Map

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See the most popular apartments and homes in Alma, IL

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Getting Around Alma, IL

Walk Score®

17 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 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 Alma Apartments

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

The lowest price for a Cheap One Bedroom Alma Apartment is $825 at 215 anderson lane A.

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

Today's best deal for a Cheap Two Bedroom Apartment in Alma is starting from $524 at McKay Manor.

What is the most affordable Alma Three Bedroom Apartment?

The best deal on a cheap Alma Three Bedroom Apartment rental is at Centralia Estates and starts from $808.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.