
Cheap Apartments for Rent in Cambridge, IL from $625 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Cambridge.


Washington Square Apartments

PARK RUN APARTMENTS

Bridgeview Apartments

Timber Ridge Apartments

Fox Pointe Apartments

Lincoln Manor Apartments

Pine Ridge

Moline Enterprise Lofts

The Avenues At East Moline
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 Villas at Devils Glen

Eagle Ridge Apartments

Westwood Terrace Senior Housing

Homewood Manor

Old Orchard Estates

Sanders Apartments

5425 Valley Dr

Pius Lane Apartments

Deer Valley Apartments

Chateau Knoll
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.

Downtown Townhomes

LeClaire

Marquee Apartments

EN806

Bend Apartments

Creek View At Devils Glen

Crowne Forest

Regency Apartments

Village Woods

Garfield School
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.

Ridgewood Towers

The LUX off Archer

5&15 Apartments

Kings Manor

415 18th Ave

Cotton Mill Apartments

443 2nd Ave D

1911 16th St

Butterworth Apartments

River Oaks Apartments
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.

Valley View

2323-3030 31st Ave

2415 7th Ave

777 20th Ave

3207 4th St

3313 Avenue of the Cities

Moline High School Lofts

1030 38th St

7504 24th St

1426 20th Ave
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.
Cambridge, IL Local Guide

How much does it cost to rent an apartment in Cambridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cambridge Studio Apartments | $916 | $725 | $1,003 |
| Cambridge 1 Bedroom Apartments | $973 | $650 | $1,600 |
| Cambridge 2 Bedroom Apartments | $1,188 | $820 | $3,250 |
| Cambridge 3 Bedroom Apartments | $1,645 | $1,005 | $2,900 |
| Cambridge 4 Bedroom Apartments | $3,006 | $2,650 | $3,750 |
Browse Top Apartments in Cambridge
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Cambridge, IL Local Guide
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Cheapest Available Cambridge Apartments for Rent and Nearby
 The cheapest available apartment rental in Cambridge, IL is a 1 Bed unit found at Washington Square Apartments in the Villa Park neighborhood 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 Cambridge apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Square Apartments | 1x1 | 1BR,1BA | $625 |
| PARK RUN APARTMENTS | 1 Bed 1 Bath | 1BR,1BA | $645 |
| Bridgeview Apartments | Studio | Studio,1BA | $650 |
| Timber Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $695 |
| Moline Enterprise Lofts | 1x1 | 1BR,1BA | $814 |
| Fox Pointe Apartments | Primrose | 1BR,1BA | $814 |
| Pine Ridge | 1-sycam | 1BR,1BA | $815 |
| The Avenues At East Moline | 2 bed 1 bath | 2BR,1BA | $820 |
| Eagle Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $850 |
| Old Orchard Estates | The Orchard | 1BR,1BA | $885 |
Best Value Apartments for Rent in Cambridge, IL and Nearby
As of September 04, 2026 the best value apartment in the Cambridge area is the $1.09 price per square foot The Riverside Model at Parkway Commons in the in the Saukie neighborhood starting from $1,350. The second greatest value Cambridge apartment is the 3 Bed 2 Bath Model at PARK RUN APARTMENTS starting at $1,005 with a $0.97 price per square foot . Here is today’s list of the best values for Cambridge apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkway Commons | The Riverside | 2BR,2BA | $1.09 |
| PARK RUN APARTMENTS | 3 Bed 2 Bath | 3BR,2BA | $0.97 |
| LeClaire | The Sinatra | 2BR,1BA | $1.12 |
| Downtown Townhomes | 2 bed | 2BR,1BA | $0.95 |
| Pius Lane Apartments | 2 bed | 2BR,1BA | $0.95 |
| Washington Square Apartments | 1x1 | 1BR,1BA | $0.78 |
| Eagle Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $1.07 |
| The Avenues At East Moline | 2 bed 1 bath | 2BR,1BA | $1.17 |
| Timber Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $1.00 |
| Bridgeview Apartments | Studio | Studio ,1BA | $1.08 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Cambridge, IL Rentals by Map
See the most popular apartments and homes in Cambridge, IL
Frequently Asked Questions about Cheap Cambridge Apartments
What is the Cheapest Studio apartment in Cambridge?
Currently the most affordable Cheap Studio Apartment in Cambridge is at Bridgeview Apartments listed at $650.
How much is rent for a Cheap One Bedroom Cambridge Apartment?
The lowest price for a Cheap One Bedroom Cambridge Apartment is $625 at Washington Square Apartments.
What is the lowest price for a Cheap Two Bedroom Cambridge Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Cambridge is starting from $700 at Bridgeview Apartments.
What is the most affordable Cambridge Three Bedroom Apartment?
The best deal on a cheap Cambridge 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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.