200 Carroll St
PawneeIL62558
Cheap Homes for Rent in Altamont, IL from $600 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Altamont.
759 E Lawrence St
DecaturIL62521
272 S Shannon St
RichviewIL62877
205 North St
RaymondIL62560
919 Mulberry St
HighlandIL62249
10065 Main St
StoyIL62464
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
821 N Oakland Ave
DecaturIL62522
830 E Rogers Ave
DecaturIL62521
615 Harper Ave
DecaturIL62526
913 N Taylorville Blvd
TaylorvilleIL62568
1363 E Johns Ave
DecaturIL62521
815 N Main St
FloraIL62839
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
327 E Stuart Ave
DecaturIL62526
1609 E Johns Ave
DecaturIL62521
101 E Alabama St
OblongIL62449
1274 W Green St
DecaturIL62522
117 S Elder Ln
DecaturIL62522
111 S Elder Ln
DecaturIL62522
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
1091 N Oakcrest Ave.
DecaturIL62522
249 N 17th St
DecaturIL62521
Showing Results 1-20, Page 1 of 1
Altamont, IL Local Guide
Harvest by Tripp is licensed under CC BY 2.0
How much does it cost to rent a home in Altamont?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Altamont 2 Bedroom Homes for Rent | $1,135 | $650 | $2,300 |
| Altamont 3 Bedroom Homes for Rent | $1,221 | $695 | $2,495 |
| Altamont 4 Bedroom Homes for Rent | $1,225 | $900 | $1,550 |
| Altamont 5 Bedroom Homes for Rent | $1,200 | $1,200 | $1,200 |
Browse Top Homes for Rent in Altamont
Explore Altamont
Altamont, IL Local Guide
- Nearby Cities
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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. McKay Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $475. 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 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $475 |
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
Best Value Apartments for Rent in Altamont, IL and Nearby
As of June 01, 2026 the best value apartment in the Altamont area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights in the starting from $1,380. The second greatest value Altamont apartment is the 3BR/1.5BA Model at Decatur Flats Apartments starting at $1,199 with a $0.96 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. |
|---|---|---|---|
| Panther Heights | 3 Bed 2.5 Bath | 3BR,2.5BA | $0.99 |
| Decatur Flats Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.96 |
| Flax Meadow Townhomes | Two Bed | 2BR,1.5BA | $0.81 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.38 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Kingsbury Campus Apartments | 2 Beds, 1 Bath Model | 2BR,1BA | $1.05 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $0.64 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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Explore Altamont, IL Rentals by Map
See the most popular apartments and homes in Altamont, IL
Frequently Asked Questions about Altamont
What type of rentals are currently available in Altamont?
There are currently 58 Apartments for Rent in Altamont, IL with pricing that ranges from $413 to $2,069. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Altamont ranging from $650 to $2,495.
What is the current price range for Rental Homes in Altamont?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Altamont ranges from $650 to $2,495 with an average monthly rent of $1,098.
How much are larger Three and Four Bedroom Rentals in Altamont?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Altamont range from $641 to $1,674, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $2,495. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $850.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.