Cheap Apartments for Rent near Clay City, IL from $413 (39 Rentals)

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

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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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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Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

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

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Included

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.

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property at 1520 Main St

$675 - $750

1 To 2 Bedroom Rentals

Available Sep 1

1520 Main St

VincennesIN47591
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600 Marshall Ave
1 to 2 Bedroom Apartments

600 Marshall Ave

600 Marshall AveMattoon, IL 61938
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616 S 6th St
Studio to 2 Bedroom Apartments

616 S 6th St

616 S 6th StMattoon, IL 61938

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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Showing Results 1-39, 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 Arthur Ave Apartments priced from $610. 1041 7th Street, Charleston has the second lowest priced unit, which is a 1 Bed apartment currently listed from $639. Here is today’s list of the most affordable Clay City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arthur Ave Apartments1x11BR,1BA$610
1041 7th Street, Charleston1BR/1.0BA1BR,1BA$639
Valoré at Hidden HillsThe Dogwood - One Bedroom Apartment Home1BR,1BA$675
Southern Meadows1 Bed Apt1BR,1BA$695
Woodbridge Place Apartments1x1-7001BR,1BA$799
Park Place2 bedroom w/ study2BR,1BA$800
Lakewood Flats and Townhomes1sm wd1BR,1BA$805
Campus Suites1 Bed 1 Bath1BR,1BA$830
North ParkHarrington2BR,1BA$899
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$925

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

As of August 27, 2026 the best value apartment in the Clay City area is the $1.04 price per square foot 3BR Villa Model at Circle Point Villas in the in the Gibson County neighborhood starting from $1,595. The second greatest value Clay City apartment is the 3 Bed 2.5 Bath Model at Panther Heights starting at $1,380 with a $0.99 price per square foot . 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.
Circle Point Villas3BR Villa3BR,2BA$1.04
Panther Heights3 Bed 2.5 Bath3BR,2.5BA$0.99
The Millennium ApartmentsMillennium Apartments 2BR/2BA 26/27 Waiting List2BR,2BA$0.51
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
Melrose on 4thMelrose Apartments 2BR/2BA 26/27 Waiting List2BR,2BA$0.55
Baldwin Heights2 Bedroom2BR,1BA$1.10
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.10
North ParkHarrington2BR,1BA$0.95
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR,1.5BA$0.38
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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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!

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 1041 7th Street, Charleston listed at $639.

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

The lowest price for a Cheap One Bedroom Clay City Apartment is $610 at Arthur Ave 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 $800 at Park Place.

What is the most affordable Clay City Three Bedroom Apartment?

The best deal on a cheap Clay City Three Bedroom Apartment rental is at Park Place and starts from $860.

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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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.