Cheap Apartments for Rent near Equality, IL from $500 (61 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Maple Valley Townhomes
2 Bedroom Apartments

Maple Valley Townhomes

618 E Waverly StMorganfield, KY 42437
  • Utilities Included
close
View Me
The Rathbone Apartments
Studio to 2 Bedroom Apartments

The Rathbone Apartments

1320 SE 2nd StEvansville, IN 47713
Corporate Housing
  • Utilities Included
close
View Me
Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
  • Utilities Included

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.

Read Article
close
View Me
Chesapeake
2 Bedroom Apartments

Chesapeake

202 Chesapeake DrMarion, IL 62959

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.

Read Article
Showing Results 1-50, Page 1 of 2

Equality, IL Local Guide

Cheapest Available Equality Apartments for Rent and Nearby

 

The cheapest available apartment rental in Equality, IL is a 1 Bed unit found at 1210 Char Lee Dr in the Howell neighborhood priced from $500. Anchor Court Apartments in the Howell neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Equality apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1210 Char Lee Dr1bed1bath1BR, 1BA$500
Anchor Court Apartments1BR/1.0BA1BR, 1BA$625
University Mall and Walnut Street ApartmentsStudioStudio, 1BA$625
Graystone Henderson1 Bedroom1BR, 1BA$675
Valoré at Hidden HillsThe Dogwood - One Bedroom Apartment Home1BR, 1BA$675
Brookside Apartments1 Bedroom1BR, 1BA$690
Lakewood Flats and TownhomesThe Dogwood1BR, 1BA$745
Woodbridge Place Apartments1x1-7001BR, 1BA$799
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio, 1BA$820
Parkside Apartments2 Bedroom2BR, 1BA$825

Best Value Apartments for Rent in Equality, IL and Nearby

As of September 18, 2026 the best value apartment in the Equality area is the $0.89 price per square foot 1X1 Model at 2600 Fairway Dr starting from $1,600. The second greatest value Equality apartment is the Four Bedroom (1.5 bath or 4 bath) Model at Alpha Property Management (Alpha Rentals) starting at $1,455 with a $0.91 price per square foot. Here is today’s list of the best values for Equality apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2600 Fairway Dr1X13BR, 2.5BA$0.89
Alpha Property Management (Alpha Rentals)Four Bedroom (1.5 bath or 4 bath)4BR, 4BA$0.91
Brookside Apartments2 Bed 2 Bath2BR, 2BA$1.10
Washington CourtWashington Court - 1 Bedroom 1 Bathroom1BR, 1BA$1.18
ChesapeakeB12BR, 1BA$1.01
Parkside Apartments2 Bedroom2BR, 1BA$1.03
Century Estates Apartments2BR/1.0BA2BR, 1BA$1.11
North ParkMcCallister1BR, 1BA$1.11
1210 Char Lee Dr1bed1bath1BR, 1BA$0.67
University Mall and Walnut Street Apartments1 bedroom 1 bath1BR, 1BA$1.18

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 Article
Decorative image

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.

Read Article

Real 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Equality, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Equality, IL

View Map
Equality, IL Apartments Map
View Map
Equality, IL Rental Homes Map

Frequently Asked Questions about Cheap Equality Apartments

What is the Cheapest Studio apartment in Equality?

Currently the most affordable Cheap Studio Apartment in Equality is at University Mall and Walnut Street Apartments listed at $625.

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

The lowest price for a Cheap One Bedroom Equality Apartment is $500 at 1210 Char Lee Dr.

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

Today's best deal for a Cheap Two Bedroom Apartment in Equality is starting from $700 at 1210 Char Lee Dr.

What is the most affordable Equality Three Bedroom Apartment?

The best deal on a cheap Equality Three Bedroom Apartment rental is at Canoe Creek Apartments and starts from $1,237.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.