
Cheap Apartments for Rent in Cambridge, IL from $500 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Cambridge.


Rock River Townhomes

PARK RUN APARTMENTS

Fox Pointe Apartments

Pine Ridge

Lincoln Manor Apartments

The Villas at Devils Glen

The Avenues At East Moline
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.

Timber Ridge Apartments

Eagle Ridge Apartments

Homewood Manor

Westwood Terrace

Sanders Apartments

5425 Valley Dr

Old Orchard Estates

Pius Lane Apartments
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.

Deer Valley Apartments

Chateau Knoll

Downtown Townhomes

Crowne Forest

LeClaire

Creek View At Devils Glen

Marquee Apartments

EN806
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.

Bend Apartments

Regency Apartments

Garfield School

Moline Enterprise Lofts

Ridgewood Towers

458 S 14th St

Cotton Mill Apartments

443 2nd Ave D
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.

Butterworth Apartments

River Oaks Apartments

Valley View

2323-3030 31st Ave

Moline High School Lofts

1161 22nd St

625 25th Ave

310 30th Ave Ct
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.

777 20th Ave

2623 170th Ave

427 17th Ave

1577 31st Ave
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 | $698 | $1,050 |
| Cambridge 1 Bedroom Apartments | $1,015 | $750 | $1,600 |
| Cambridge 2 Bedroom Apartments | $1,186 | $591 | $3,250 |
| Cambridge 3 Bedroom Apartments | $1,600 | $1,005 | $3,200 |
| Cambridge 4 Bedroom Apartments | $2,741 | $2,395 | $3,750 |
Browse Top Apartments in Cambridge
See all Apartments in CambridgeExplore Cambridge
Cambridge, IL Local Guide
- Nearby Cities
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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 |
| Pine Ridge | 1-sycam | 1BR,1BA | $810 |
| The Avenues At East Moline | 2 bed 1 bath | 2BR,1BA | $820 |
| Timber Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $825 |
| Eagle Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $850 |
| Sanders Apartments | Studio | Studio,1BA | $916 |
| Rock Ridge Commons | A_RENO | 1BR,1BA | $925 |
| 5425 Valley Dr | 2 Bed | 2BR,1BA | $925 |
| Fox Pointe Apartments | Mina | 1BR,1BA | $927 |
Best Value Apartments for Rent in Cambridge, IL and Nearby
As of June 06, 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 |
| Downtown Townhomes | 2 bed | 2BR,1BA | $0.95 |
| PARK RUN APARTMENTS | 2 Bed 1 Bath | 2BR,1BA | $0.99 |
| Old Orchard Estates | The Grove | 2BR,1BA | $1.12 |
| Crowne Forest | Two Bedroom | 2BR,2BA | $1.21 |
| 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 | $1.19 |
| Pine Ridge | 1-sycam | 1BR,1BA | $1.20 |
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
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 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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.

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.

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.