
Cheap Homes for Rent in Annapolis, IL from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Annapolis.


814 Lincoln St

510 S 5th St

916 Kussner St

424 S 4th St

600 S 4th St

14 N Central Ave

205 S Walters St

4291 S Kian St

206 N Jefferson St

702 S 8th St
Annapolis, IL Local Guide

How much does it cost to rent a home in Annapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Annapolis 2 Bedroom Homes for Rent | $969 | $635 | $1,150 |
Annapolis 3 Bedroom Homes for Rent | $1,212 | $695 | $1,995 |
Annapolis 4 Bedroom Homes for Rent | $1,482 | $1,100 | $2,200 |
Annapolis 5 Bedroom Homes for Rent | $1,897 | $1,750 | $2,045 |
Browse Top Homes for Rent in Annapolis
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Annapolis, IL Local Guide
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Cheapest Available Annapolis Apartments for Rent and Nearby
 The cheapest available apartment rental in Annapolis, IL is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. The Millennium Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $505. Here is today’s list of the most affordable Annapolis apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Historic Walnut Square | Two Bedroom | 2BR,1BA | $417 |
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $505 |
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Melrose and Brooklyn Heights Apartments | 2 Bed 1 Bath | 2BR,1BA | $585 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
Best Value Apartments for Rent in Annapolis, IL and Nearby
As of October 15, 2025 the best value apartment in the Annapolis area is the $0.41 price per square foot 3 Bedroom Model at The Millennium Apartments in the starting from $505. The second greatest value Annapolis apartment is the 2 Bedroom 2 Bath Model at River Valley Apartments starting at $1,034 with a $1.11 price per square foot in the Downtown Terre Haute neighborhood. 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. |
---|---|---|---|
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.11 |
Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.95 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $0.94 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.51 |
Springhill Apartments | 2 Bedroom | 2BR,1BA | $0.98 |
Willow Crossings | Phase I - Luxury 1 Bed 1 Bath | 1BR,1BA | $1.16 |
Riverside Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
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Frequently Asked Questions about Annapolis
What type of rentals are currently available in Annapolis?
There are currently 44 Apartments for Rent in Annapolis, IL with pricing that ranges from $351 to $2,510. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Annapolis ranging from $500 to $2,200.
What is the current price range for Rental Homes in Annapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Annapolis ranges from $500 to $2,200 with an average monthly rent of $1,244.
How much are larger Three and Four Bedroom Rentals in Annapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Annapolis range from $534 to $2,224, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $549.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.