
Cheap Apartments for Rent in Energy, IL from $400 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Energy.


Meadow Ridge Townhomes

Cornerstone Place

Saluki Apartments

THE QUADS APARTMENTS

ASHBURN COURT APARTMENTS

Alpha Property Management (Alpha Rentals)

Schilling Property Management
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.

University Mall and Walnut Street Apartments

Saint Germain Square

Brookside Apartments

Wedgewood Hills

G&R Rentals

The Metropolitan

Pine Shores Rentals

700 N 13th St

921 E Grand Ave
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.

Newly Renovated 2 Bedrooms!

Aspen Court Apartments

Shawnee Village

Chesapeake

Palomino Apartments

6 Ct C

Chesterfield Village

The Hill Apartments

Storyboard on Black Diamond
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.

Home Rentals Corporation

Cambridge Manor Apartments

413 W Main St

Ten Oaks

111 Ralph St

317 E Mill St

801 E Stotlar St

50 Orchard Dr

Mountain Valley Properties -Marion
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.

500 S Washington St

1009 Briarwood Rd

109 N Russell St

803 Anderson St

9487 Noble Ln

136 Court Rd

710 W Mill St

Duplicate

3 Briarwood Rd
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.

216 S Pecan St
Energy, IL Local Guide

How much does it cost to rent an apartment in Energy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Energy Studio Apartments | $550 | $440 | $939 |
| Cheap Energy 1 Bedroom Apartments | $829 | $525 | $2,111 |
| Cheap Energy 2 Bedroom Apartments | $1,006 | $625 | $1,764 |
| Cheap Energy 3 Bedroom Apartments | $1,276 | $750 | $2,300 |
| Cheap Energy 4 Bedroom Apartments | $1,355 | $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
 The cheapest available apartment rental in Energy, IL is a Studio unit found at Campus Edge priced from $450. 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 Energy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campus Edge | Studio | Studio,1BA | $450 |
| Saluki Apartments | Studio | Studio,1BA | $460 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $500 |
| ASHBURN COURT APARTMENTS | 1BR/1.0BA | 1BR,1BA | $595 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $625 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $735 |
| Shawnee Village | 1 BR /1 BA 62 and Older | 1BR,1BA | $846 |
| Brookside Apartments | 2 Bedroom | 2BR,1BA | $849 |
| Chesapeake | B1 | 2BR,1BA | $850 |
Best Value Apartments for Rent in Energy, IL
As of May 06, 2026 the best value apartment in the Energy 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 Energy apartment is the Black Diamond C2 Model at Storyboard on Black Diamond starting at $2,300 with a $1.05 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. |
|---|---|---|---|
| Wedgewood Hills | 5 Bed House | 5BR,3BA | $0.80 |
| Storyboard on Black Diamond | Black Diamond C2 | 3BR,2.5BA | $1.05 |
| 2600 Fairway Dr | 1X1 | 3BR,2.5BA | $1.00 |
| 2004 W Cherry St, Unit 204 West Cherry | 2004 W Cherry St | 2BR,2BA | $1.00 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| Brookside Apartments | 3 Bedroom | 3BR,1BA | $1.05 |
| 921 E Grand Ave | 2 Beds, 2.5 baths | 2BR,2.5BA | $1.05 |
| 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 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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
What is the Cheapest Studio apartment in Energy?
Currently the most affordable Cheap Studio Apartment in Energy is at Campus Edge listed at $450.
How much is rent for a Cheap One Bedroom Energy Apartment?
The lowest price for a Cheap One Bedroom Energy Apartment is $595 at ASHBURN COURT APARTMENTS.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.
