Cheap Apartments for Rent in Clay City, IL from $300 (42 Rentals)

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

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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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920
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Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

211 Joanie LnRobinson, IL 62454
Senior Living
  • 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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Newton Senior Housing
1 to 2 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Included
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600 Marshall Ave
1 to 2 Bedroom Apartments

600 Marshall Ave

600 Marshall AveMattoon, IL 61938

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-42, Page 1 of 1

Clay City, IL Local Guide

Cheapest Available Clay City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Clay City, IL is a 1 Bed unit found at OldeTowne Apartments priced from $629. Valoré at Hidden Hills in the Outer Central North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Clay City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
OldeTowne Apartments1 Bed/1 Bath1BR,1BA$629
Valoré at Hidden HillsThe Dogwood - One Bedroom Apartment Home1BR,1BA$675
616 S 6th St0/1Studio,1BA$699
Lakewood Flats and Townhomes1sm wd1BR,1BA$765
Woodbridge PlaceThe Dogwood1BR,1BA$799
Kingsbury Campus Apartments2 Beds, 1 Bath Model2BR,1BA$800
North ParkMcCallister1BR,1BA$825
Campus Suites1 Bed 1 Bath1BR,1BA$830
Chesterfield VillageStudioStudio,1BA$899
1905 12th St2BDR2BR,1BA$920

Best Value Apartments for Rent in Clay City, IL and Nearby

As of April 10, 2026 the best value apartment in the Clay City area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights in the starting from $1,380. The second greatest value Clay City apartment is the 4BR/2BA - Furnished Model at Eagle Village - Historical Access starting at $565 with a $0.47 price per square foot in the Evansville West Side neighborhood. Here is today’s list of the best values for Clay City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Panther Heights3 Bed 2.5 Bath3BR,2.5BA$0.99
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
Lake Land Living3 Bedroom 1 baths3BR,1BA$0.47
Baldwin Heights2 Bedroom2BR,1BA$1.18
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.09
Mission Viejo VillasB- Barcelona1BR,1BA$1.16
Kingsbury Campus Apartments2 Beds, 1 Bath Model2BR,1BA$1.05
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$1.23
North ParkMcCallister1BR,1BA$1.10
Woodbridge PlaceThe Flowering Pink Dogwood1BR,1BA$1.21

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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Clay City, IL Rentals by Map

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See the most popular apartments and homes in Clay City, IL

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Frequently Asked Questions about Cheap Clay City Apartments

What is the Cheapest Studio apartment in Clay City?

Currently the most affordable Cheap Studio Apartment in Clay City is at 616 S 6th St listed at $699.

How much is rent for a Cheap One Bedroom Clay City Apartment?

The lowest price for a Cheap One Bedroom Clay City Apartment is $629 at OldeTowne Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Clay City is starting from $719 at OldeTowne Apartments.

What is the most affordable Clay City Three Bedroom Apartment?

The best deal on a cheap Clay City Three Bedroom Apartment rental is at OldeTowne Apartments and starts from $799.

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

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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.