Cheap Apartments for Rent in Charleston, IL from $413 (29 Rentals)

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

property at 601 Monroe Ave
$765 - $966
Studio To 1 Bedroom Rentals
Available Now

601 Monroe Ave

CharlestonIL61920

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.

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MAC Apartments
1 to 4 Bedroom Apartments

MAC Apartments

905 A StCharleston, IL 61920
  • Utilities Included
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Youngstown Apartments
Studio to 3 Bedroom Apartments

Youngstown Apartments

2402 18th StCharleston, IL 61920
  • Utilities Included

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.

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Lincolnshire
1 to 3 Bedroom Apartments

Lincolnshire

1840 Douglas StCharleston, IL 61920
  • Utilities Included
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University View
1 to 2 Bedroom Apartments

University View

2005 9th StCharleston, IL 61920
  • Utilities Included
property at 1811 N 8th St
$525 - $575
1 Bedroom Rentals
Available Now

1811 N 8th St

Terre HauteIN47804

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.

property at 248 S 9th St
$850
2 Bedroom Rentals
Available Now

248 S 9th St

Terre HauteIN47807

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.

Charleston, IL Local Guide

Cheapest Available Charleston Apartments for Rent and Nearby

 

The cheapest available apartment rental in Charleston, IL is a 1 Bed unit found at Arthur Ave Apartments priced from $610. Campus Suites has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable Charleston apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arthur Ave Apartments1x11BR, 1BA$610
Campus Suites1 Bed 1 Bath1BR, 1BA$830
Park Place1639, 2 bed + study2BR, 1BA$850
Campus Pointe Apartments2 Bedroom 2 Bathroom2BR, 2BA$1,000
The Courtyard2 Bed 1 Bath2BR, 1BA$1,050
The PinesThe Pines2BR, 1BA$1,080
The MetroNon-Balcony2BR, 1BA$1,095
Panther Heights3 Bed 2.5 Bath3BR, 2BA$1,380

Best Value Apartments for Rent in Charleston, IL and Nearby

As of September 22, 2026 the best value apartment in the Charleston area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights starting from $1,380. The second greatest value Charleston apartment is the 820 Lincoln Ave Model at 820 Lincoln Ave, Unit 6 starting at $1,200 with a $0.92 price per square foot. Here is today’s list of the best values for Charleston apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Panther Heights3 Bed 2.5 Bath3BR, 2.5BA$0.99
820 Lincoln Ave, Unit 6820 Lincoln Ave1BR, 1BA$0.92
The Millennium ApartmentsMillennium Apartments 2BR/2BA 26/27 Waiting List2BR, 2BA$0.51
Campus Pointe Apartments3 Bedroom 3bathroom - Non Furnished3BR, 3BA$1.26
Melrose on 4thMelrose Apartments 2BR/2BA 26/27 Waiting List2BR, 2BA$0.55
The Courtyard3 Bed 1 Bath3BR, 1BA$1.27
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR, 1.5BA$0.38
Park Place1639, 2 bed + study2BR, 1BA$0.99
The PinesThe Pines2BR, 1BA$1.35
Arthur Ave Apartments1x11BR, 1BA$0.97

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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Navigating 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.

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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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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 Charleston Apartments

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

The lowest price for a Cheap One Bedroom Charleston Apartment is $610 at Arthur Ave Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Charleston is starting from $850 at Park Place.

What is the most affordable Charleston Three Bedroom Apartment?

The best deal on a cheap Charleston Three Bedroom Apartment rental is at The Courtyard and starts from $1,245.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.