
Cheap Homes for Rent in Alma, IL from $300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Alma.


115 N Cherry St

106 W 5th S St

205 North St

900 8th St

304 Estate Dr

818 White Oak Dr

919 Mulberry St

1110 E Ruth St

766 Wall St
Alma, IL Local Guide

How much does it cost to rent a home in Alma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alma 2 Bedroom Homes for Rent | $1,138 | $364 | $1,850 |
| Alma 3 Bedroom Homes for Rent | $2,333 | $1,500 | $3,200 |
| Alma 4 Bedroom Homes for Rent | $2,383 | $1,850 | $2,950 |
| Alma 5 Bedroom Homes for Rent | $2,478 | $1,141 | $3,495 |
Browse Top Homes for Rent in Alma
Explore Alma
Alma, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Alma Apartments for Rent and Nearby
 The cheapest available apartment rental in Alma, IL is a 2 Beds unit found at Capitol Pointe priced from $400. McKay Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $548. Here is today’s list of the most affordable Alma apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capitol Pointe | 2 Beds, 1 bath | 2BR,1BA | $400 |
| McKay Manor | 2 Bedroom | 2BR,1BA | $548 |
| Bradford Place & Ansley Oaks Apartments | Studio | Studio,1BA | $610 |
Best Value Apartments for Rent in Alma, IL and Nearby
As of November 03, 2025 the best value apartment in the Alma area is the $0.95 price per square foot 3 Bd Townhouse w/ Garage Model at BSB Apartments in the in the Metro East neighborhood starting from $1,425. The second greatest value Alma apartment is the The Cougar Unfurnished Model at The Social Edwardsville starting at $705 with a $0.53 price per square foot in the Fruit Maple Carpenter neighborhood. Here is today’s list of the best values for Alma apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| BSB Apartments | 3 Bd Townhouse w/ Garage | 3BR,2BA | $0.95 |
| The Social Edwardsville | The Cougar Unfurnished | 4BR,4BA | $0.53 |
| Storyboard on Hayden | Hayden B1 | 2BR,2.5BA | $1.07 |
| Storyboard on Park Entrance | Park Entrance B2 | 2BR,2BA | $1.16 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.13 |
| Centralia Estates | Unit 44 | 3BR,2BA | $1.05 |
| Capitol Pointe | 2 Beds, 1 bath | 2BR,1BA | $0.52 |
| McKay Manor | 1 Bedroom | 1BR,1BA | $0.83 |
| Bradford Place & Ansley Oaks Apartments | Studio | Studio ,1BA | $1.02 |
Quick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alma, IL Rentals by Map
See the most popular apartments and homes in Alma, IL
Frequently Asked Questions about Alma
What type of rentals are currently available in Alma?
There are currently 48 Apartments for Rent in Alma, IL with pricing that ranges from $400 to $2,925. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alma ranging from $364 to $3,495.
What is the current price range for Rental Homes in Alma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alma ranges from $364 to $3,495 with an average monthly rent of $1,850.
How much are larger Three and Four Bedroom Rentals in Alma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Alma range from $490 to $2,725, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $705.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.