
Cheap Apartments for Rent near Energy, IL from $400 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Energy.


Storyboard at SIU

Cornerstone Place

Campus Edge

Saluki Apartments

THE QUADS APARTMENTS

Alpha Property Management (Alpha Rentals)

Schilling Property Management

University Mall and Walnut Street Apartments

Saint Germain Square
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.

Brookside Apartments

ASHBURN COURT APARTMENTS

Lake Logan Apartments

The Hill Apartments

The Metropolitan

Pine Shores Rentals

Wedgewood Hills

921 E Grand Ave

Newly Renovated 2 Bedrooms!

424 S 16th St
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.

Aspen Court Apartments

G&R Rentals

Shawnee Village

11 B Ln

Chesterfield Village

Palomino Apartments

428 S Central St

Home Rentals Corporation

Cambridge Manor Apartments

413 W Main St
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.

Ten Oaks

1 C Ln

2913 N Brownsville Rd

418 W Webster St

Chesapeake

105 E Poplar St

Mountain Valley Properties -Marion

510 W 5th St

1902 Old W Main St

301 N 10th St
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.

501 E Reeves St

500 S Washington St

513 S Ash St

710 W Mill St

301 E Olive St

209 S Royal St

Duplicate

801 N Taft St

507 N Sparta St

300 N Bentley St
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.
Energy, IL Local Guide

How much does it cost to rent an apartment in Energy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Energy Studio Apartments | $601 | $450 | $917 |
| Energy 1 Bedroom Apartments | $897 | $525 | $1,899 |
| Energy 2 Bedroom Apartments | $1,010 | $625 | $1,594 |
| Energy 3 Bedroom Apartments | $1,241 | $650 | $2,300 |
| Energy 4 Bedroom Apartments | $1,214 | $295 | $2,080 |
Browse Top Apartments in Energy
See all Apartments in EnergyExplore Energy
Energy, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Energy Apartments for Rent and Nearby
 The cheapest available apartment rental in Energy, IL is a Studio unit found at Saluki Apartments priced from $460. THE QUADS APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Energy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saluki Apartments | Studio | Studio,1BA | $460 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $500 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $655 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $735 |
| Shawnee Village | 1 BR /1 BA 62 and Older | 1BR,1BA | $846 |
| ASHBURN COURT APARTMENTS | 2BR/1.0BA | 2BR,1BA | $850 |
| Chesapeake | B1 | 2BR,1BA | $850 |
| Palomino Apartments | 2BR/1.5BA | 2BR,1BA | $925 |
| Chesterfield Village | 1 Bedroom 1 Bath | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Energy, IL and Nearby
As of August 08, 2026 the best value apartment in the Energy area is the $1.05 price per square foot Black Diamond C2 Model at Storyboard on Black Diamond in the starting from $2,300. The second greatest value Energy apartment is the 1X1 Model at 2600 Fairway Dr starting at $1,600 with a $0.89 price per square foot . Here is today’s list of the best values for Energy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Storyboard on Black Diamond | Black Diamond C2 | 3BR,2.5BA | $1.05 |
| 2600 Fairway Dr | 1X1 | 3BR,2.5BA | $0.89 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| Cedar Creek Rentals | Cedar Creek 1 | 2BR,1BA | $1.25 |
| The Reserve at Saluki Pointe | 2X2 By the bed | 2BR,2BA | $0.71 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Chesapeake | B1 | 2BR,1BA | $1.01 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $1.20 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Energy, IL Rentals by Map
See the most popular apartments and homes in Energy, IL
Frequently Asked Questions about Cheap Energy Apartments
How much is rent for a Cheap One Bedroom Energy Apartment?
The lowest price for a Cheap One Bedroom Energy Apartment is $600 at Schilling Property Management.
What is the lowest price for a Cheap Two Bedroom Energy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Energy is starting from $700 at Schilling Property Management.
What is the most affordable Energy Three Bedroom Apartment?
The best deal on a cheap Energy 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

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.

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.