Cheap Apartments for Rent near Equality, IL from $500 (60 Rentals)

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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.

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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.

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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.

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Maple Valley Townhomes
2 Bedroom Apartments

Maple Valley Townhomes

618 E Waverly StMorganfield, KY 42437
  • Utilities Included
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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.

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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.

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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 Anchor Court in the Howell neighborhood priced from $625. Graystone Henderson in the Henderson North End 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
Anchor Court1BR/1.0BA1BR,1BA$625
Graystone Henderson1 Bedroom1BR,1BA$625
Fairway Plaza1 Bedroom1BR,1BA$640
1210 Char Lee Dr1bed1bath1BR,1BA$660
Valoré at Hidden HillsThe Dogwood - One Bedroom Apartment Home1BR,1BA$675
Woodbridge Place Apartments1x1-7001BR,1BA$799
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$820
Parkside Apartments2 Bedroom2BR,1BA$825
The Forge on MainStudioStudio,1BA$845
Shawnee Village1 BR /1 BA 62 and Older1BR,1BA$846

Best Value Apartments for Rent in Equality, IL and Nearby

As of July 30, 2026 the best value apartment in the Equality area is the $0.89 price per square foot 1X1 Model at 2600 Fairway Dr in the starting from $1,600. The second greatest value Equality apartment is the 4BR/2BA - Furnished Model at Eagle Village - Historical Access starting at $565 with a $0.47 price per square foot in the Evansville West Side neighborhood. 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
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
North ParkBerkshire2BR,1.5BA$1.05
Colonial Manor Apartments2X12BR,1BA$1.15
ChesapeakeB12BR,1BA$1.01
Mission Viejo VillasB- Barcelona1BR,1BA$1.16
Parkside Apartments2 Bedroom2BR,1BA$1.03
Century Estates Apartments2BR/1.0BA2BR,1BA$1.11
1210 Char Lee Dr1bed1bath1BR,1BA$0.88
Fairway Plaza1 Bedroom1BR,1BA$0.91

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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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.

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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 Equality, IL Rentals by Map

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See the most popular apartments and homes in Equality, IL

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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 Market Street Apartments listed at $820.

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

The lowest price for a Cheap One Bedroom Equality Apartment is $625 at Graystone Henderson.

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 $825 at Parkside Apartments.

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

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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.

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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.

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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.

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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.