Cheap Apartments for Rent in Annawan, IL from $500 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in Annawan.

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.

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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.

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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.

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443 2nd Ave D
1 Bedroom Apartments

443 2nd Ave D

443 2nd Avenue DSilvis, IL 61282
Corporate Housing
  • Utilities Included
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Rock Falls Apartments
Studio to 2 Bedroom Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
  • Utilities Included

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.

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Valley View
1 to 3 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included
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Crow Creek Apartments
1 to 3 Bedroom Apartments

Crow Creek Apartments

5067 Devils Glen RdBettendorf, IA 52722
  • Utilities Included

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.

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Annawan, IL Local Guide

Cheapest Available Annawan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Annawan, IL is a Studio unit found at Northland Park Apartments priced from $625. PARK RUN APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Annawan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northland Park ApartmentsStudioStudio,1BA$625
PARK RUN APARTMENTS1 Bed 1 Bath1BR,1BA$645
The Avenues At East Moline1 bed 1 Bath1BR,1BA$670
Pine Ridge1-sycam1BR,1BA$810
Timber Ridge Apartments1BR/1.0BA1BR,1BA$825
Eagle Ridge Apartments1BR/1.0BA1BR,1BA$850
Sanders ApartmentsStudioStudio,1BA$916
5425 Valley Dr2 Bed2BR,1BA$925
Old Orchard EstatesThe Orchard1BR,1BA$935
Downtown Townhomes2 bed2BR,1BA$950

Best Value Apartments for Rent in Annawan, IL and Nearby

As of May 29, 2026 the best value apartment in the Annawan area is the $1.17 price per square foot 5 bedroom Home Model at Links at Pebble Creek in the in the Outer Davenport Bettendorf neighborhood starting from $3,750. The second greatest value Annawan apartment is the 2 bed Model at Downtown Townhomes starting at $950 with a $0.95 price per square foot in the Downtown Moline neighborhood. Here is today’s list of the best values for Annawan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Links at Pebble Creek5 bedroom Home5BR,4.5BA$1.17
Downtown Townhomes2 bed2BR,1BA$0.95
5425 Valley Dr3 bed3BR,2BA$1.35
PARK RUN APARTMENTS2 Bed 1 Bath2BR,1BA$0.99
Crowne ForestTwo Bedroom2BR,2BA$1.20
Eagle Ridge Apartments1BR/1.0BA1BR,1BA$1.07
Pine Ridge2-willow2BR,1BA$1.21
Timber Ridge Apartments1BR/1.0BA1BR,1BA$1.19
Old Orchard EstatesThe Orchard1BR,1BA$1.37
The Avenues At East Moline1 bed 1 Bath1BR,1BA$1.22

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

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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Annawan, IL Rentals by Map

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Frequently Asked Questions about Cheap Annawan Apartments

What is the Cheapest Studio apartment in Annawan?

Currently the most affordable Cheap Studio Apartment in Annawan is at Northland Park Apartments listed at $625.

How much is rent for a Cheap One Bedroom Annawan Apartment?

The lowest price for a Cheap One Bedroom Annawan Apartment is $645 at PARK RUN APARTMENTS.

What is the lowest price for a Cheap Two Bedroom Annawan Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Annawan is starting from $820 at The Avenues At East Moline.

What is the most affordable Annawan Three Bedroom Apartment?

The best deal on a cheap Annawan Three Bedroom Apartment rental is at PARK RUN APARTMENTS and starts from $1,005.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.