
Cheap Apartments for Rent in Cambridge, IL from $500 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in Cambridge.


Rock River Townhomes

PARK RUN APARTMENTS

Bridgeview Apartments

Fox Pointe Apartments

Pine Ridge

Lincoln Manor Apartments

The Avenues At East Moline

Timber Ridge Apartments

The Villas at Devils Glen
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.

EN806

Eagle Ridge Apartments

Westwood Terrace Senior Housing

Sanders Apartments

5425 Valley Dr

Old Orchard Estates

Pius Lane Apartments

Deer Valley Apartments

Downtown Townhomes

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.

LeClaire

Homewood Manor

Marquee Apartments

Moline Enterprise Lofts

Bend Apartments

Regency Apartments

Crowne Forest

Creek View At Devils Glen

Garfield School

Ridgewood Towers
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.

The LUX off Archer

5&15 Apartments

Waterfront Apartments

Village Woods

Cotton Mill Apartments

443 2nd Ave D

1195 27th St

1911 16th St

River Oaks Apartments

Butterworth 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.

1124 1/2 3rd St

Valley View

2323-3030 31st Ave

Moline High School Lofts

625 25th Ave

2415 7th Ave

777 20th Ave

1454 18th St

417 37th St

427 17th 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 | $902 | $698 | $1,050 |
| Cambridge 1 Bedroom Apartments | $996 | $750 | $1,600 |
| Cambridge 2 Bedroom Apartments | $1,207 | $591 | $3,250 |
| Cambridge 3 Bedroom Apartments | $1,587 | $1,005 | $2,900 |
| Cambridge 4 Bedroom Apartments | $2,917 | $2,650 | $3,750 |
Browse Top Apartments in Cambridge
See all Apartments in CambridgeExplore Cambridge
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 2 Beds unit found at Rock River Townhomes in the Outer Davenport Bettendorf neighborhood priced from $591. 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 |
|---|---|---|---|
| Rock River Townhomes | 2 Bedroom-60% | 2BR,1BA | $591 |
| PARK RUN APARTMENTS | 1 Bed 1 Bath | 1BR,1BA | $645 |
| Bridgeview Apartments | Studio | Studio,1BA | $650 |
| Pine Ridge | 1-norwa | 1BR,1BA | $805 |
| The Avenues At East Moline | 2 bed 1 bath | 2BR,1BA | $820 |
| Timber Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $825 |
| EN806 | 1BR/1.0BA | 1BR,1BA | $825 |
| Eagle Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $850 |
| Rock Ridge Commons | Adel Signature | 1BR,1BA | $875 |
| Sanders Apartments | Studio | Studio,1BA | $916 |
Best Value Apartments for Rent in Cambridge, IL and Nearby
As of July 21, 2026 the best value apartment in the Cambridge 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 Cambridge apartment is the 3 Bedroom 60% Model at Rock River Townhomes starting at $1,470 with a $1.09 price per square foot in the Outer Davenport Bettendorf neighborhood. 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. |
|---|---|---|---|
| Links at Pebble Creek | 5 bedroom Home | 5BR,4.5BA | $1.17 |
| Rock River Townhomes | 3 Bedroom 60% | 3BR,2.5BA | $1.09 |
| Homewood Manor | b1 | 2BR,1.5BA | $1.01 |
| Downtown Townhomes | 2 bed | 2BR,1BA | $0.95 |
| Pius Lane Apartments | 2 bed | 2BR,1BA | $0.95 |
| Old Orchard Estates | The Grove | 2BR,1BA | $1.12 |
| Eagle Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $1.07 |
| The Avenues At East Moline | 2 bed 1 bath | 2BR,1BA | $1.17 |
| PARK RUN APARTMENTS | 1 Bed 1 Bath | 1BR,1BA | $0.93 |
| 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 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 $645 at PARK RUN 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 $591 at Rock River Townhomes.
What is the most affordable Cambridge Three Bedroom Apartment?
The best deal on a cheap Cambridge Three Bedroom Apartment rental is at 5425 Valley Dr and starts from $1,250.
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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.