
Cheap Apartments for Rent in Annapolis, IL from $300 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Annapolis.


River Valley Apartments

Total Monthly Price
Anthony Square Senior Apartments

Arbors at Honey Creek

Union Pointe

OldeTowne Apartments

Park Place

Willow Crossings
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.

Harrison West

1905 12th St

Highland

Indian Trail Apartments

Historic Walnut Square

702 S 8th St

1233 S 10th St

Sugar Creek Crossing
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.

100 Gilbert Ave

1231 S 10th St

Newton Senior Housing

1231 E Dawn Dr

Arthur Ave Apartments

1527 Ohio St

1709 Crawford St

Cougill Senior Apartments
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.
Annapolis, IL Local Guide

How much does it cost to rent an apartment in Annapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Annapolis Studio Apartments | $796 | $720 | $858 |
| Annapolis 1 Bedroom Apartments | $878 | $413 | $1,573 |
| Annapolis 2 Bedroom Apartments | $1,088 | $460 | $2,063 |
| Annapolis 3 Bedroom Apartments | $1,448 | $762 | $2,155 |
| Annapolis 4 Bedroom Apartments | $1,091 | $430 | $1,660 |
Browse Top Apartments in Annapolis
See all Apartments in AnnapolisExplore Annapolis
Annapolis, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Annapolis Apartments for Rent and Nearby
 The cheapest available apartment rental in Annapolis, IL is a 1 Bed unit found at Anthony Square Senior Apartments in the Downtown Terre Haute neighborhood priced from $525. Union Pointe in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Annapolis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Anthony Square Senior Apartments | 1 BR, 1 BA | 1BR,1BA | $525 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| OldeTowne Apartments | 1 Bed/1 Bath | 1BR,1BA | $629 |
| 1905 12th St | 1BDR | 1BR,1BA | $700 |
| Willow Crossings | Phase I - Studio | Studio,1BA | $720 |
Best Value Apartments for Rent in Annapolis, IL and Nearby
As of February 21, 2026 the best value apartment in the Annapolis area is the $1.08 price per square foot Millennium Apartments 3 Bed, 1 Bath 2026–2027 W... Model at Millennium Apartments in the starting from $1,515. The second greatest value Annapolis apartment is the 3 Bed 2.5 Bath Model at Panther Heights starting at $1,380 with a $0.99 price per square foot . Here is today’s list of the best values for Annapolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Millennium Apartments | Millennium Apartments 3 Bed, 1 Bath 2026–2027 W... | 3BR,1BA | $1.08 |
| Panther Heights | 3 Bed 2.5 Bath | 3BR,2.5BA | $0.99 |
| Springhill Apartments | 3 Bedroom | 3BR,1.5BA | $0.84 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.94 |
| ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $0.94 |
| Riverside Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Sycamore Place Apartments | 2.1 C | 2BR,1BA | $0.80 |
| Lakewood Apartments | 1 Bed with stack wash/dry | 1BR,1BA | $1.21 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
| Anthony Square Senior Apartments | 2 BR, 1 BA | 2BR,1BA | $1.14 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Annapolis, IL Rentals by Map
See the most popular apartments and homes in Annapolis, IL
Frequently Asked Questions about Cheap Annapolis Apartments
What is the Cheapest Studio apartment in Annapolis?
Currently the most affordable Cheap Studio Apartment in Annapolis is at Willow Crossings listed at $720.
How much is rent for a Cheap One Bedroom Annapolis Apartment?
The lowest price for a Cheap One Bedroom Annapolis Apartment is $525 at Anthony Square Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Annapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Annapolis is starting from $625 at Anthony Square Senior Apartments.
What is the most affordable Annapolis Three Bedroom Apartment?
The best deal on a cheap Annapolis Three Bedroom Apartment rental is at OldeTowne Apartments and starts from $799.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.