Cheap Apartments for Rent in Centralia, IL from $400 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Centralia.

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.

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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.

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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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215 anderson lane A
1 to 2 Bedroom Apartments

215 anderson lane A

215-223 Anderson LnShiloh, IL 62221
  • 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.

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Centralia, IL Local Guide

Cheapest Available Centralia Apartments for Rent and Nearby

 

The cheapest available apartment rental in Centralia, IL is a 1 Bed unit found at McKay Manor priced from $475. Flax Meadow Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $715. Here is today’s list of the most affordable Centralia apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McKay Manor1 Bedroom1BR,1BA$475
Flax Meadow TownhomesTwo Bed2BR,1BA$715
Lakewood Estates1 Bedroom1BR,1BA$750
Kingsbury Campus Apartments2 Beds, 1 Bath Model2BR,1BA$800
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$845
Chesterfield VillageStudioStudio,1BA$899
Linwood ApartmentsTwo Bed One Bath2BR,1BA$1,000
Rome Meadows - 62yrs. and over or handicapped1 bedroom1BR,1BA$1,082
Storyboard on RockwoodRockwood A11BR,1BA$1,085
Renaissance HillsA41BR,1BA$1,194

Best Value Apartments for Rent in Centralia, IL and Nearby

As of April 29, 2026 the best value apartment in the Centralia area is the $1.24 price per square foot Carol Ann C1 Model at Storyboard on Carol Ann in the in the OFallon neighborhood starting from $2,235. The second greatest value Centralia apartment is the Hayden B1 Model at Storyboard on Hayden starting at $1,350 with a $1.08 price per square foot in the Metro East neighborhood. Here is today’s list of the best values for Centralia apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Storyboard on Carol AnnCarol Ann C13BR,2.5BA$1.24
Storyboard on HaydenHayden B12BR,2.5BA$1.08
Storyboard on Park EntrancePark Entrance B12BR,2BA$1.15
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
Storyboard on RockwoodRockwood B22BR,1.5BA$1.34
Flax Meadow TownhomesTwo Bed2BR,1.5BA$0.81
Lakewood Estates1 Bedroom1BR,1BA$0.94
Kingsbury Campus Apartments2 Beds, 1 Bath Model2BR,1BA$1.05
McKay Manor1 Bedroom1BR,1BA$0.64
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$1.36

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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!

Explore Centralia, IL Rentals by Map

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Frequently Asked Questions about Cheap Centralia Apartments

How much is rent for a Cheap One Bedroom Centralia Apartment?

The lowest price for a Cheap One Bedroom Centralia Apartment is $475 at McKay Manor.

What is the lowest price for a Cheap Two Bedroom Centralia Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Centralia is starting from $715 at Flax Meadow Townhomes.

What is the most affordable Centralia Three Bedroom Apartment?

The best deal on a cheap Centralia Three Bedroom Apartment rental is at McKay Manor and starts from $730.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.