
Cheap Homes for Rent in Annapolis, IL from $500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Annapolis.


24 W Buchanan Ave

428 S 15th St

16 W Buchanan Ave

626 E Curry Dr

1306 Arthur Ave

610 S 5th St

4283 S Kian St

10065 Main St

916 Kussner St

620 College Ave

1209 E Dawn Dr

1630 University Dr

432 2nd Ave

2829 S 9th 1/2 St

955 4th St

832 S 17th 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 | $925 | $695 | $1,200 |
Annapolis 3 Bedroom Homes for Rent | $1,214 | $600 | $1,750 |
Annapolis 4 Bedroom Homes for Rent | $1,499 | $1,200 | $2,000 |
Annapolis 5 Bedroom Homes for Rent | $2,120 | $2,120 | $2,120 |
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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. River Valley Apartments in the Downtown Terre Haute neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $460. 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 |
River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $460 |
Lakewood Apartments | Studio | Studio,1BA | $500 |
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $505 |
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Best Value Apartments for Rent in Annapolis, IL and Nearby
As of August 29, 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 2x2 Model at Arbors at Honey Creek starting at $1,012 with a $0.94 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 |
Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.94 |
River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $0.50 |
Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.95 |
Highland Terrace | 2 Bed 1 Bath | 2BR,1BA | $0.91 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.51 |
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 41 Apartments for Rent in Annapolis, IL with pricing that ranges from $351 to $2,815. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Annapolis ranging from $525 to $2,120.
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 $525 to $2,120 with an average monthly rent of $1,288.
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 $2,815, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $1,750. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,322.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.