Cheap Homes for Rent in Alvin, IL from $400 (24 Rentals)

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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.

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.

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.

Alvin, IL Local Guide

Cheapest Available Alvin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alvin, IL is a 1 Bed unit found at Wabash Shore Apartments priced from $599. Brookhaven has the second lowest priced unit, which is a 1 Bed apartment currently listed from $717. Here is today’s list of the most affordable Alvin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wabash Shore Apartments1BR/1.0BA1BR,1BA$599
Brookhaven1 Bed/ 1 Bath1BR,1BA$717
Waterview Estates1x1Waterview Estates1BR,1BA$730
The Verander1Br1BR,1BA$732
Urbana Estates1x1Urbana Estates1BR,1BA$800

Best Value Apartments for Rent in Alvin, IL and Nearby

As of June 20, 2026 the best value apartment in the Alvin area is the $1.07 price per square foot 2 Bedroom/2.5 bath Model at 200 Vine St in the starting from $1,675. The second greatest value Alvin apartment is the 3x3 Model at The Linc Apartments starting at $785 with a $0.69 price per square foot . Here is today’s list of the best values for Alvin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
200 Vine St2 Bedroom/2.5 bath2BR,2BA$1.07
The Linc Apartments3x33BR,3BA$0.69
Devonshire Village2 Bed 2 Bath Sm Apt2BR,2BA$1.09
Falcon Way TownhomesThree Bedroom Townhome3BR,1BA$0.73
South Pointe CommonsSouth Pointe 3bd/1.5ba Townhouse3BR,1.5BA$0.88
Townway Place2 Beds, 1 Baths2BR,1BA$1.03
Campus OaksFloorplan A - Price per person4BR,2BA$0.75
Shadeland Estates(Adventure) Shadeland Estates New Homes 3bd/2bt...3BR,2BA$1.14
Capstone QuartersTwo Bedroom Select2BR,2BA$0.80
Waterview Estates1x1Waterview Estates1BR,1BA$1.09

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.

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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.

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Quick Rent Budget Calculator

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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!

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Frequently Asked Questions about Alvin

What type of rentals are currently available in Alvin?

There are currently 44 Apartments for Rent in Alvin, IL with pricing that ranges from $525 to $2,700. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alvin ranging from $425 to $2,250.

What is the current price range for Rental Homes in Alvin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alvin ranges from $425 to $2,250 with an average monthly rent of $923.

How much are larger Three and Four Bedroom Rentals in Alvin?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alvin range from $785 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $2,250. Four Bedroom Single-Family rentals are also available starting from $895 and Four Bedroom Apartments start at $635.

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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.