
Cheap Apartments for Rent near Bismarck, IL from $500 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Bismarck.


Falcon Way Townhomes

Waterview Estates

The Verander

Golfview Village

Townway Place

Urbana Estates

2008 S Vawter St

Brunswick Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Grove

Philo Estates Apartments

Prairie Green Apartment Homes

Element on Main

Town & Country Apartments

1602 W Main St

1124 N Walnut St

1307 Lape St

630 South St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

130 N Franklin St

1112 N Gilbert St

1206.5 Robinson St

104 E Center St

Fowler Place Apartments

2403 E Main St

302 W Locust St

Wabash Shore Apartments

2204 Alpha Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

West Liberty Point 1BR

625.5 Commercial St

Michigan East - Campus Property Management

1210 Sherman St

1135 N Jackson St

1206 Robinson St

619 Harmon St

708 Harmon St

218 Tennessee Ave
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.

18 Indiana St

21 S Crawford St

Silver St./Philo Rd/Fletcher St

907 Moore St

1016 Koehn Dr

6 National

511 N Jackson St

413 N Beard St

59 Juliana Dr
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.
Bismarck, IL Local Guide

How much does it cost to rent an apartment in Bismarck?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bismarck Studio Apartments | $816 | $525 | $995 |
| Bismarck 1 Bedroom Apartments | $1,202 | $680 | $2,075 |
| Bismarck 2 Bedroom Apartments | $1,281 | $765 | $2,828 |
| Bismarck 3 Bedroom Apartments | $1,204 | $738 | $2,350 |
| Bismarck 4 Bedroom Apartments | $1,297 | $637 | $2,700 |
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Bismarck, IL Local Guide
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Cheapest Available Bismarck Apartments for Rent and Nearby
 The cheapest available apartment rental in Bismarck, IL is a Studio unit found at Brook Haven Apartments priced from $525. Fowler Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here is today’s list of the most affordable Bismarck apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brook Haven Apartments | Studio | Studio,1BA | $525 |
| Fowler Place Apartments | Floorplan E | 1BR,1BA | $599 |
| Wabash Shore Apartments | 1BR/1.0BA | 1BR,1BA | $699 |
| West Liberty Point 1BR | West Liberty Point 1BR - West... | 1BR,1BA | $725 |
| The Verander | 1Br | 1BR,1BA | $732 |
| 2008 S Vawter St | 4 Beds | 4BR,2BA | $800 |
| Townway Place | 1 Beds, 1 Baths | 1BR,1BA | $800 |
| The Grove | 1BR | 1BR,1BA | $816 |
| Prairie Green Apartment Homes | 2 x 1 | 2BR,1BA | $850 |
| Town & Country Apartments | Kensington | 1BR,1BA | $875 |
Best Value Apartments for Rent in Bismarck, IL and Nearby
As of August 05, 2026 the best value apartment in the Bismarck area is the $1.09 price per square foot 2 Bed 2 Bath Sm Apt Model at Devonshire Village in the starting from $1,206. The second greatest value Bismarck apartment is the 3 Beds Model at 2008 S Vawter St starting at $1,050 with a $0.97 price per square foot . Here is today’s list of the best values for Bismarck apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Devonshire Village | 2 Bed 2 Bath Sm Apt | 2BR,2BA | $1.09 |
| 2008 S Vawter St | 3 Beds | 3BR,1BA | $0.97 |
| Campus Oaks | Floorplan A - Price per person | 4BR,2BA | $0.75 |
| Stone Ridge Square | 2 Bedroom 1 Bath - 935 SF | 2BR,1BA | $1.29 |
| Urbana Estates | 2X1Urbana Estates | 2BR,1BA | $1.07 |
| Prairie Green Apartment Homes | 2 x 1 | 2BR,1BA | $1.02 |
| Capstone Quarters | Two Bedroom Select | 2BR,2BA | $0.80 |
| The Grove | 2BR | 2BR,1BA | $1.35 |
| Townway Place | 1 Beds, 1 Baths | 1BR,1BA | $1.33 |
| The Atrium | Single (shared common area) | 1BR,1BA | $1.33 |
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 ArticleReal 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.
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 Bismarck, IL Rentals by Map
See the most popular apartments and homes in Bismarck, IL
Frequently Asked Questions about Cheap Bismarck Apartments
What is the Cheapest Studio apartment in Bismarck?
Currently the most affordable Cheap Studio Apartment in Bismarck is at Brook Haven Apartments listed at $525.
How much is rent for a Cheap One Bedroom Bismarck Apartment?
The lowest price for a Cheap One Bedroom Bismarck Apartment is $699 at Wabash Shore Apartments.
What is the lowest price for a Cheap Two Bedroom Bismarck Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bismarck is starting from $800 at Brook Haven Apartments.
What is the most affordable Bismarck Three Bedroom Apartment?
The best deal on a cheap Bismarck Three Bedroom Apartment rental is at Urbana Estates and starts from $1,000.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.