
Cheap Apartments for Rent in Effingham, IL from $300 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Effingham.


The Millennium Apartments

6th St Apartments

Moundford Terrace

Melrose and Brooklyn Heights Apartments

Stones Crossing Apartments
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.

Woodcrest Apartment Homes

Timber Cove

115 N Cherry St
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.

205 North St

913 N Taylorville Blvd

14 N Central Ave

830 E Rogers Ave
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.
Effingham, IL Local Guide

How much does it cost to rent an apartment in Effingham?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Effingham Studio Apartments | $750 | $575 | $1,343 |
Effingham 1 Bedroom Apartments | $830 | $500 | $1,555 |
Effingham 2 Bedroom Apartments | $1,020 | $585 | $1,725 |
Effingham 3 Bedroom Apartments | $1,177 | $675 | $1,664 |
Browse Top Apartments in Effingham
See all Apartments in EffinghamExplore Effingham
Effingham, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Effingham Apartments for Rent and Nearby
 The cheapest available apartment rental in Effingham, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Effingham apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
Rider Place | 1 Bedroom | 1BR,1BA | $500 |
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $505 |
McKay Manor | 2 Bedroom | 2BR,1BA | $548 |
Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
Best Value Apartments for Rent in Effingham, IL and Nearby
As of July 25, 2025 the best value apartment in the Effingham area is the $0.58 price per square foot 3 Bedroom Model at McKay Manor in the starting from $730. The second greatest value Effingham apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 price per square foot . Here is today’s list of the best values for Effingham apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
McKay Manor | 3 Bedroom | 3BR,2BA | $0.58 |
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
Centralia Estates | Unit 43 | 2BR,1.5BA | $0.59 |
2474 N Florian | 1st Floor | 2BR,1.5BA | $0.94 |
Park Place | 1639, 3 bed | 3BR,1BA | $1.15 |
411 S 4th St, Unit 1 | 411 S 4th St | 1BR,1BA | $0.92 |
Timber Cove | The Yawl | 1BR,1BA | $1.06 |
RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
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.
Best Local Schools in Effingham, IL
South Side Grade School
Effingham High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Effingham, IL Rentals by Map
See the most popular apartments and homes in Effingham, IL
Getting Around Effingham, IL
Walk Score®
39 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Effingham Apartments
How much is rent for a Cheap One Bedroom Effingham Apartment?
The lowest price for a Cheap One Bedroom Effingham Apartment is $421 at RESERVE AT LAKEVIEW.
What is the lowest price for a Cheap Two Bedroom Effingham Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Effingham is starting from $548 at McKay Manor.
What is the most affordable Effingham Three Bedroom Apartment?
The best deal on a cheap Effingham Three Bedroom Apartment rental is at The Millennium Apartments and starts from $505.
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.

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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.