Cheap Apartments for Rent in Alton, IL from $500 (16 Rentals)

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

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Cherry Hill
Studio to 3 Bedroom Apartments

Cherry Hill

744 Washington AveAlton, IL 62002
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Twin Pine Estates
1 to 2 Bedroom Apartments

Twin Pine Estates

3301 Fosterburg RdAlton, IL 62002
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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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Maple Manor
1 to 3 Bedroom Apartments

Maple Manor

112 Manor CtAlton, IL 62002
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Cedar Lodge
1 to 3 Bedroom Apartments

Cedar Lodge

824 Washington AveAlton, IL 62002
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Diplomat Apartments
1 to 2 Bedroom Apartments

Diplomat Apartments

385-407 Kent StEast Alton, IL 62024
  • Utilities Included

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.

Alton, IL Local Guide

Cheapest Available Alton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alton, IL is a 2 Beds unit found at Surrey Court Apartments priced from $925. Township Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,173. Here is today’s list of the most affordable Alton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$925
Township Village Apartments1 Bed, 1 bath1BR,1BA$1,173
Marian Heights1 Bedroom1BR,1BA$1,355

Best Value Apartments for Rent in Alton, IL and Nearby

As of July 24, 2025 the best value apartment in the Alton area is the $0.83 price per square foot 1028 E 5th St Model at 1028 E 5th St, Unit 1-2 in the starting from $825. The second greatest value Alton apartment is the 2 Beds, 1 bath Model at Surrey Court Apartments starting at $925 with a $1.07 price per square foot . Here is today’s list of the best values for Alton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1028 E 5th St, Unit 1-21028 E 5th St2BR,1BA$0.83
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.07
3309 Myrle St, Unit 33093309 Myrle St2BR,1BA$0.96
Marian Heights1 Bedroom1BR,1BA$1.80
Township Village Apartments1 Bed, 1 bath1BR,1BA$2.73

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Location, Location, Location!

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Getting Around Alton, IL

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

Alton, IL Area Reviews

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Frequently Asked Questions about Cheap Alton Apartments

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

The lowest price for a Cheap One Bedroom Alton Apartment is $1,173 at Township Village Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Alton is starting from $925 at Surrey Court Apartments.

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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A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

Written by: Taryn Shorr-Mckee

I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

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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.

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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.