Cheap Apartments for Rent in Altamont, IL from $300 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Altamont.

6th St Apartments
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.

Moundford Terrace

Arthur Ave Apartments

Stones Crossing Apartments

Woodcrest Apartment Homes

Timber Cove

Flax Meadow Townhomes

115 N Cherry 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.

205 North St

913 N Taylorville Blvd

14 N Central Ave
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.
Altamont, IL Local Guide

How much does it cost to rent an apartment in Altamont?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Altamont Studio Apartments | $749 | $575 | $1,343 |
Altamont 1 Bedroom Apartments | $787 | $500 | $1,533 |
Altamont 2 Bedroom Apartments | $932 | $630 | $1,651 |
Altamont 3 Bedroom Apartments | $1,190 | $675 | $1,664 |
Browse Top Apartments in Altamont
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Altamont, IL Local Guide
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Cheapest Available Altamont Apartments for Rent and Nearby
 The cheapest available apartment rental in Altamont, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Altamont apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
Rider Place | 1 Bedroom | 1BR,1BA | $500 |
McKay Manor | 2 Bedroom | 2BR,1BA | $548 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
Best Value Apartments for Rent in Altamont, IL and Nearby
As of July 06, 2025 the best value apartment in the Altamont area is the $0.58 price per square foot 3 Bedroom Model at McKay Manor in the starting from $730. The second greatest value Altamont apartment is the 2 Bed/ 2 Bath Model at Parkstone Villas starting at $1,250 with a $1.00 price per square foot . Here is today’s list of the best values for Altamont 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 |
Parkstone Villas | 2 Bed/ 2 Bath | 2BR,2BA | $1.00 |
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
Centralia Estates | Unit 87 | 3BR,2BA | $1.03 |
West Mound Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.98 |
Hickory Point Apartments | Two Bedroom with In-Unit Washer/Dryer | 2BR,1BA | $1.06 |
Moundford Terrace | 2 Bedroom 1 Bath | 2BR,1BA | $0.93 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Altamont, IL Rentals by Map
See the most popular apartments and homes in Altamont, IL
Getting Around Altamont, IL
Walk Score®
22 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
35 / 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 Altamont Apartments
How much is rent for a Cheap One Bedroom Altamont Apartment?
The lowest price for a Cheap One Bedroom Altamont Apartment is $421 at RESERVE AT LAKEVIEW.
What is the lowest price for a Cheap Two Bedroom Altamont Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Altamont is starting from $507 at RESERVE AT LAKEVIEW.
What is the most affordable Altamont Three Bedroom Apartment?
The best deal on a cheap Altamont Three Bedroom Apartment rental is at Rider Place and starts from $675.
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.

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.

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.