Cheap Apartments for Rent in Collinsville, IL from $500 (36 Rentals)

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

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1366 Franklin Ave
2 Bedroom Apartments

1366 Franklin Ave

1366 Franklin AveCollinsville, IL 62234
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1111 Arrowhead Dr
1 to 2 Bedroom Apartments

1111 Arrowhead Dr

1111 Arrowhead DrCollinsville, IL 62234
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501 Western Ave
2 Bedroom Apartments

501 Western Ave

501 Western AveCollinsville, IL 62234
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1350 Franklin Ave
2 Bedroom Apartments

1350 Franklin Ave

1350 Franklin AveCollinsville, IL 62234

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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Braner Homes
Studio to 2 Bedroom Apartments

Braner Homes

150 S Aurora StCollinsville, IL 62234
Senior Living
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675 Camelot Dr
1 to 2 Bedroom Apartments

675 Camelot Dr

675 Camelot DrCollinsville, IL 62234
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NorthTowne Apartments
2 to 3 Bedroom Apartments

NorthTowne Apartments

1701 Vandalia StCollinsville, IL 62234
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Skyline Apartments
1 to 2 Bedroom Apartments

Skyline Apartments

189 Skyline View DrCollinsville, IL 62234
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North Gate
1 to 4 Bedroom Apartments

North Gate

80 Burlington DrCollinsville, IL 62234
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1003 Cherokee
2 Bedroom Apartments

1003 Cherokee

1003 CherokeeCollinsville, IL 62234
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59 Bellevue Dr
2 Bedroom Apartments

59 Bellevue Dr

59 Bellevue DrCollinsville, IL 62234

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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215 S Morrison Ave
1 Bedroom Apartments

215 S Morrison Ave

215 S Morrison AveCollinsville, IL 62234
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Ashley Bell
1 to 2 Bedroom Apartments

Ashley Bell

1375 Vandalia StCollinsville, IL 62234
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198 Camelot Dr
1 to 2 Bedroom Apartments

198 Camelot Dr

198 Camelot DrCollinsville, IL 62234
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2003 Mall St
1 to 2 Bedroom Apartments

2003 Mall St

2003 Mall StCollinsville, IL 62234
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916 W Clay St
1 to 2 Bedroom Apartments

916 W Clay St

916 W Clay StCollinsville, IL 62234

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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37 Bellevue Dr
2 Bedroom Apartments

37 Bellevue Dr

37 Bellevue DrCollinsville, IL 62234
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Glen Lake Townhomes
2 Bedroom Apartments

Glen Lake Townhomes

211-231 Glenlake DrGlen Carbon, IL 62034
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2306 S Center St
1 Bedroom Apartments

2306 S Center St

2306 S Center StMaryville, IL 62062

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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Woodcrest
1 to 2 Bedroom Apartments

Woodcrest

1 W Perry StMaryville, IL 62062
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17-19 S Long St
Studio Apartments

17-19 S Long St

17-19 S Long StCaseyville, IL 62232
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17-19 Long
2 Bedroom Apartments

17-19 Long

17-19 LongCaseyville, IL 62232

Collinsville, IL Local Guide

Cheapest Available Collinsville Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Metro Apartments At CollinsvilleAsk Us About Our Availability! - Up to $500 off...1BR,1BA$1,000

Best Value Apartments for Rent in Collinsville, IL

As of July 07, 2025 the best value apartment in the Collinsville area is the $1.43 price per square foot Ask Us About Our Availability! - Up to $500 off... Model at Metro Apartments At Collinsville in the in the Metro East neighborhood starting from $1,000. The second greatest value Collinsville apartment is the 311 N Center St Model at 311 N Center St, Unit 1 starting at $600 with a $1.20 price per square foot in the Metro East neighborhood. Here is today’s list of the best values for Collinsville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Metro Apartments At CollinsvilleAsk Us About Our Availability! - Up to $500 off...1BR,1BA$1.43
311 N Center St, Unit 1311 N Center St1BR,1BA$1.20

Quick Rent Budget Calculator

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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 Collinsville, IL Rentals by Map

View MapCollinsville, IL Apartments MapView MapCollinsville, IL Rental Homes Map

Getting Around Collinsville, IL

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis article

A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

Written by: Taryn Shorr-Mckee

I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.