Cheap Apartments for Rent in Cypress, IL from $400 (52 Rentals)

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

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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413 W Main St
1 to 4 Bedroom Apartments

413 W Main St

405 S Graham AveCarbondale, IL 62901
Corporate Housing

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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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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710 W Mill St
2 Bedroom Apartments

710 W Mill St

710 W Mill StCarbondale, IL 62901
Student Housing
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2 Bedroom Apartments

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3101 Magnolia LnHerrin, IL 62948

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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Cypress, IL Local Guide

Cheapest Available Cypress Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cypress, IL is a Studio unit found at Campus Edge priced from $440. Saluki Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $460. Here is today’s list of the most affordable Cypress apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Campus EdgeStudioStudio,1BA$440
Saluki ApartmentsStudioStudio,1BA$460
THE QUADS APARTMENTS0BR/1.0BAStudio,1BA$500
ASHBURN COURT APARTMENTS1BR/1.0BA1BR,1BA$595
Schilling Property Management1 Bed, 1 bath1BR,1BA$600
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$625
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$735
Newly Renovated 2 Bedrooms!2BR/1.0BA2BR,1BA$790
Shawnee Village1 BR /1 BA1BR,1BA$853
921 E Grand Ave2 Beds, 2.5 baths2BR,2BA$975

Best Value Apartments for Rent in Cypress, IL and Nearby

As of April 30, 2026 the best value apartment in the Cypress area is the $0.80 price per square foot 5 Bed House Model at Wedgewood Hills in the starting from $2,000. The second greatest value Cypress apartment is the 3 Bedrooms Model at Grand Place Apartments starting at $1,185 with a $1.08 price per square foot . Here is today’s list of the best values for Cypress apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wedgewood Hills5 Bed House5BR,3BA$0.80
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
THE QUADS APARTMENTS3BR/1.0BA3BR,1BA$0.77
Cape Trails2Bd. 2Bt. (975sqft)2BR,2BA$0.72
921 E Grand Ave2 Beds, 2.5 baths2BR,2.5BA$1.05
900 on ParkTwo Bedroom Furnished2BR,2BA$0.82
Newly Renovated 2 Bedrooms!2BR/1.0BA2BR,1BA$1.05
Storyboard at SIU2 x 1 Premium - Fall 2026- 12 Months2BR,1BA$1.13
Schilling Property Management1 Bed, 1 bath1BR,1BA$0.86
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$1.20

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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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 Cypress, IL Rentals by Map

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Frequently Asked Questions about Cheap Cypress Apartments

What is the Cheapest Studio apartment in Cypress?

Currently the most affordable Cheap Studio Apartment in Cypress is at Campus Edge listed at $440.

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

The lowest price for a Cheap One Bedroom Cypress Apartment is $595 at ASHBURN COURT APARTMENTS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Cypress is starting from $700 at Schilling Property Management.

What is the most affordable Cypress Three Bedroom Apartment?

The best deal on a cheap Cypress Three Bedroom Apartment rental is at THE QUADS APARTMENTS and starts from $800.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.