Cheap Apartments for Rent near Chesterfield, IL from $347 (41 Rentals)

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

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Emerald Ridge
2 to 4 Bedroom Apartments

Emerald Ridge

615 3rd StEast Alton, IL 62024
property at 205 N North St
$700 - $800
1 To 3 Bedroom Rentals
Available Now

205 N North St

RaymondIL62560

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

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Chesterfield, IL Local Guide

Cheapest Available Chesterfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Chesterfield, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $485. Lotts Landing Senior Apartments in the Macoupin County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here is today’s list of the most affordable Chesterfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jacksonville Affordable Housing1 Bedroom 50%1BR, 1BA$485
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR, 1BA$560
326 E Central St1 bed 1 bath1BR, 1BA$700
Rocwood Apartments1BR Units1BR, 1BA$700
Crossing at Northpointe Apartments1 BR - 1 BTH1BR, 1BA$725
Broadway PlaceTwo Bedroom Apartment2BR, 1BA$752
The Residences at Bella VistaClassic1BR, 1BA$775
The Raymond ApartmentsTwo bedroom2BR, 1BA$800
Whispering Lake Apartments2BR 1BA GARDEN2BR, 1BA$808
Bilava Village1BD/1BA1BR, 1BA$830

Best Value Apartments for Rent in Chesterfield, IL and Nearby

As of September 17, 2026 the best value apartment in the Chesterfield area is the $0.88 price per square foot 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes in the North Riverfront neighborhood starting from $1,255. The second greatest value Chesterfield apartment is the 2 Bed 1.5 Bath Model at Victorian Village in the Paddock Forest neighborhood starting at $1,045 with a $1.10 price per square foot. Here is today’s list of the best values for Chesterfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR, 1.5BA$0.88
Victorian Village2 Bed 1.5 Bath2BR, 1.5BA$1.10
Surrey Court Apartments2 Beds, 1 bath2BR, 1BA$1.12
Paddock Village ApartmentsACE2BR, 1BA$1.12
The Raymond ApartmentsTwo bedroom2BR, 1BA$1.00
Broadway PlaceTwo Bedroom Apartment2BR, 1BA$1.03
The Residences at Bella VistaClassic1BR, 1BA$1.09
Crossing at Northpointe Apartments1 BR - 1 BTH1BR, 1BA$1.08
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR, 1BA$0.87
Jacksonville Affordable Housing1 Bedroom 60%1BR, 1BA$0.88

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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Location, Location, Location!

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Frequently Asked Questions about Cheap Chesterfield Apartments

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

The lowest price for a Cheap One Bedroom Chesterfield Apartment is $485 at Jacksonville Affordable Housing.

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

Today's best deal for a Cheap Two Bedroom Apartment in Chesterfield is starting from $540 at Jacksonville Affordable Housing.

What is the most affordable Chesterfield Three Bedroom Apartment?

The best deal on a cheap Chesterfield Three Bedroom Apartment rental is at Broadway Place and starts from $859.

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.