Cheap Homes for Rent in Annapolis, IL from $500 (17 Rentals)

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property at 610 S 5th St

610 S 5th St

Terre HauteIN47807
property at 955 4th St

955 4th St

CharlestonIL61920

Annapolis, IL Local Guide

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 ListingModel NameBed/BathPriced From
Historic Walnut SquareTwo Bedroom2BR,1BA$417
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$460
Lakewood ApartmentsStudioStudio,1BA$500
The Millennium Apartments3 Bedroom3BR,1BA$505
Union Pointe1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Millennium Apartments3 Bedroom3BR,1BA$0.41
Arbors at Honey Creek2x22BR,2BA$0.94
River Valley Apartments2 Bedroom 2 Bath2BR,2BA$0.50
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR,1.5BA$0.95
Highland Terrace2 Bed 1 Bath2BR,1BA$0.91
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
Riverside Apartments2 Bedroom2BR,1BA$1.07
Arthur Ave Apartments1x11BR,1BA$0.97
Union Pointe1 Bedroom1BR,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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

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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.

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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.

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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.