Cheap Apartments for Rent in Cambridge, IL from $500 (44 Rentals)

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Cambridge Manor
1 to 2 Bedroom Apartments

Cambridge Manor

500 N East StCambridge, IL 61238

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.

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.

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

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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2323-3030 31st Ave
2 Bedroom Apartments

2323-3030 31st Ave

2323-3030 31st AveRock Island, IL 61201
  • 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.

Cambridge, IL Local Guide

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 ListingModel NameBed/BathPriced From
Rock River Townhomes2 Bedroom-60%2BR,1BA$591
PARK RUN APARTMENTS1 Bed 1 Bath1BR,1BA$645
Pine Ridge1-sycam1BR,1BA$810
The Avenues At East Moline2 bed 1 bath2BR,1BA$820
Timber Ridge Apartments1BR/1.0BA1BR,1BA$825
Eagle Ridge Apartments1BR/1.0BA1BR,1BA$850
Sanders ApartmentsStudioStudio,1BA$916
Rock Ridge CommonsA_RENO1BR,1BA$925
5425 Valley Dr2 Bed2BR,1BA$925
Fox Pointe ApartmentsMina1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Links at Pebble Creek5 bedroom Home5BR,4.5BA$1.17
Rock River Townhomes3 Bedroom 60%3BR,2.5BA$1.09
Downtown Townhomes2 bed2BR,1BA$0.95
PARK RUN APARTMENTS2 Bed 1 Bath2BR,1BA$0.99
Old Orchard EstatesThe Grove2BR,1BA$1.12
Crowne ForestTwo Bedroom2BR,2BA$1.21
Eagle Ridge Apartments1BR/1.0BA1BR,1BA$1.07
The Avenues At East Moline2 bed 1 bath2BR,1BA$1.17
Timber Ridge Apartments1BR/1.0BA1BR,1BA$1.19
Pine Ridge1-sycam1BR,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.

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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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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!

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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

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

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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.