Cheap Apartments for Rent in Colchester, IL from $300 (46 Rentals)

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

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Lexington Concord
Rent Specials
$550 - $1,050
Total Monthly Price

Total Monthly Price

Base Rent
$515 - $1,015
Required Monthly Fees
$35
Total Monthly Price
$550 - $1,050
Studio to 3 Bedroom Apartments Contact Us For Availability

Lexington Concord

902 N Charles StMacomb, IL 61455
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour

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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630 N 6th St
Studio to 1 Bedroom Apartments

630 N 6th St

630 N 6th StBurlington, IA 52601

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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Chateau Apartments
1 to 2 Bedroom Apartments

Chateau Apartments

114 26th StFort Madison, IA 52627
  • Utilities Included
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8710 W Main St
Studio Apartments

8710 W Main St

8710 W Main StMapleton, IL 61547
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Bel Aire Apartments
Studio to 2 Bedroom Apartments

Bel Aire Apartments

301 Bel Aire CtBurlington, IA 52601
Corporate Housing
  • Utilities Included
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Williamsburg Apartments
1 to 2 Bedroom Apartments

Williamsburg Apartments

1072 Olive StGalesburg, IL 61401
Corporate Housing
  • Utilities Included

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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Keokuk Family Flats
1 to 3 Bedroom Apartments

Keokuk Family Flats

2812 Lincoln AveKeokuk, IA 52632
  • Utilities Included
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301 N Carole Ave
1 Bedroom Apartments

301 N Carole Ave

301 N Carole AveHanna City, IL 61536
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601-605 W Orchard St
Studio to 3 Bedroom Apartments

601-605 W Orchard St

601-605 W Orchard StMacomb, IL 61455
Student Housing
  • Utilities Included
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Mediapolis Village
2 to 4 Bedroom Apartments

Mediapolis Village

510 Wapello St SMediapolis, IA 52637
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Elm Haven
1 to 2 Bedroom Apartments

Elm Haven

101 N Rose StElmwood, IL 61529
Senior Living

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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property at 116 N 4th St

$900 - $1,295

1 To 2 Bedroom Rentals

Available Now

116 N 4th St

BurlingtonIA52601
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Colchester, IL Local Guide

Cheapest Available Colchester Apartments for Rent and Nearby

 

The cheapest available apartment rental in Colchester, IL is a 2 Beds unit found at Cedar Creek Crossing Apartments priced from $300. Macomb Rentals has the second lowest priced unit, which is a Studio apartment currently listed from $390. Here is today’s list of the most affordable Colchester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Creek Crossing Apartments2 Bed 2 Bath2BR,2BA$300
Macomb RentalsStudio, 1 bathStudio,1BA$390
Jacksonville Affordable Housing1 Bedroom 50%1BR,1BA$485
Mayfair Manor2x12BR,1BA$525
Williamsburg Apartments1 Bedroom/1 Bath1BR,1BA$675
MAPLE PLACE APARTMENTS2 Bed 1 Bath2BR,1BA$700
Caspian Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$750
Green Gable CottagesGreen Gable 1 Bedroom1BR,1BA$750
Park Madison Apartments1BR/1BA1BR,1BA$750
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$800

Best Value Apartments for Rent in Colchester, IL and Nearby

As of April 03, 2026 the best value apartment in the Colchester area is the $0.76 price per square foot 2 Bedroom Model at Nemitz Hall in the in the Threshers Meadows neighborhood starting from $1,095. The second greatest value Colchester apartment is the 3 BR / 2 BA Model at Creekside Park starting at $1,029 with a $0.85 price per square foot . Here is today’s list of the best values for Colchester apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nemitz Hall2 Bedroom2BR,2BA$0.76
Creekside Park3 BR / 2 BA3BR,2BA$0.85
Keokuk Family Flats3 bedroom3BR,2BA$0.98
Cedar Creek Crossing Apartments2 Bed 2 Bath2BR,2BA$0.31
Westland Village2x12BR,1BA$0.89
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$0.86
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$0.97
Park Madison Apartments1BR/1BA1BR,1BA$1.00
MAPLE PLACE APARTMENTS2 Bed 1 Bath2BR,1BA$0.97
Jacksonville Affordable Housing1 Bedroom 60%1BR,1BA$0.88

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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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 Colchester, IL Rentals by Map

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See the most popular apartments and homes in Colchester, IL

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Frequently Asked Questions about Cheap Colchester Apartments

What is the Cheapest Studio apartment in Colchester?

Currently the most affordable Cheap Studio Apartment in Colchester is at Macomb Rentals listed at $390.

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Colchester is starting from $300 at Cedar Creek Crossing Apartments.

What is the most affordable Colchester Three Bedroom Apartment?

The best deal on a cheap Colchester Three Bedroom Apartment rental is at PARKWAY ESTATES and starts from $915.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.