
Cheap Apartments for Rent in Alton, IL from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Alton.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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Township Village Apartments
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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.
Alton, IL Local Guide

How much does it cost to rent an apartment in Alton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alton 1 Bedroom Apartments | $1,100 | $550 | $1,434 |
Alton 2 Bedroom Apartments | $992 | $750 | $1,585 |
Alton 3 Bedroom Apartments | $1,374 | $1,022 | $1,735 |
Alton 4 Bedroom Apartments | $1,132 | $1,132 | $1,132 |
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Alton, IL Local Guide
- Nearby Cities
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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 $950. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $950 |
Township Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,173 |
Marian Heights | 1 Bedroom | 1BR,1BA | $1,355 |
Best Value Apartments for Rent in Alton, IL and Nearby
As of September 07, 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 512 Henry St Model at 512 Henry St starting at $850 with a $0.92 price per square foot . Here is today’s list of the best values for Alton apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1028 E 5th St, Unit 1-2 | 1028 E 5th St | 2BR,1BA | $0.83 |
512 Henry St | 512 Henry St | 1BR,1BA | $0.92 |
Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.10 |
Marian Heights | 1 Bedroom | 1BR,1BA | $1.80 |
Township Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.73 |
Quick Rent Budget Calculator
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Best Local Schools in Alton, IL
East Elementary School
Alton High School
Alton Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Alton, IL
Walk Score®
49 / 100
Car-Dependent
Most errands require a car
Bike Score®
34 / 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.
Alton, IL Area Reviews
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 $950 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.

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.