Cheap Apartments for Rent in Altona, IL from $300 (22 Rentals)

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

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-22, Page 1 of 1

Altona, IL Local Guide

Cheapest Available Altona Apartments for Rent and Nearby

 

The cheapest available apartment rental in Altona, IL is a 2 Beds unit found at Mayfair Manor priced from $525. Shire and Rivendell Apartments in the Villa Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Altona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mayfair Manor2x12BR,1BA$525
Shire and Rivendell Apartments1BR/1BA1BR,1BA$650
443 2nd Ave D1 BR/ 1 BA1BR,1BA$700
Beverly Manor Apartments1 Bedroom1BR,1BA$700
Cotton Mill Apartments1 Bed, 1 bath1BR,1BA$700

Best Value Apartments for Rent in Altona, IL and Nearby

As of May 28, 2025 the best value apartment in the Altona area is the $1.03 price per square foot 2 Bedrooms, 2 Bathrooms Model at Haven at Parkway in the in the Rock Riverfront neighborhood starting from $1,275. The second greatest value Altona apartment is the Three Bedroom Model at Village Woods starting at $1,355 with a $1.20 price per square foot . Here is today’s list of the best values for Altona apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Haven at Parkway2 Bedrooms, 2 Bathrooms2BR,2BA$1.03
Village WoodsThree Bedroom3BR,2BA$1.20
PARKWAY ESTATES3 Bedroom 2 Bath3BR,2BA$0.81
2323-3030 31st AveTwo Bed/One Bath2BR,1BA$1.00
Timber Ridge Apartments2BR/1.0BA2BR,1BA$1.16
Beverly Manor Apartments2 Bedroom2BR,1BA$1.19
Cotton Mill Apartments1 Bed, 1 bath1BR,1BA$1.00
1215 24th Street Place - River Oaks Apartments1BR/1.0BA1BR,1BA$1.11
443 2nd Ave D1 BR/ 1 BA1BR,1BA$1.08
Shire and Rivendell Apartments1BR/1BA1BR,1BA$1.08

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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Altona, IL Rentals by Map

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See the most popular apartments and homes in Altona, IL

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Getting Around Altona, IL

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 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 Altona Apartments

What is the Cheapest Studio apartment in Altona?

Currently the most affordable Cheap Studio Apartment in Altona is at Pine Ridge listed at $700.

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

The lowest price for a Cheap One Bedroom Altona Apartment is $650 at Shire and Rivendell Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Altona is starting from $525 at Mayfair Manor.

What is the most affordable Altona Three Bedroom Apartment?

The best deal on a cheap Altona Three Bedroom Apartment rental is at PARKWAY ESTATES and starts from $880.

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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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.

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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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.