Cheap Apartments for Rent in Erie, IL from $625 (50 Rentals)

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

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443 2nd Ave D
1 Bedroom Apartments

443 2nd Ave D

443 2nd Avenue DSilvis, IL 61282
Corporate Housing
  • Utilities Included
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Rock Falls Apartments
Studio to 2 Bedroom Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
  • Utilities Included
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Valley View
1 to 3 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • 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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Crow Creek Apartments
1 to 3 Bedroom Apartments

Crow Creek Apartments

5067 Devils Glen RdBettendorf, IA 52722
  • Utilities Included

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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Erie, IL Local Guide

Cheapest Available Erie Apartments for Rent and Nearby

 

The cheapest available apartment rental in Erie, IL is a Studio unit found at Northland Park Apartments priced from $625. PARK RUN APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Erie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northland Park ApartmentsStudioStudio, 1BA$625
PARK RUN APARTMENTS1 Bed 1 Bath1BR, 1BA$645
Pine View1 Bedroom 1 Bath Efficiency1BR, 1BA$669
The Avenues At East Moline1 bed 1 Bath1BR, 1BA$670
Washington Senior ApartmentsStudioStudio, 1BA$750
Fulton Commons Apartments1 Bedroom, 1 Bath1BR, 1BA$799
Eagle Ridge Apartments1BR/1.0BA1BR, 1BA$850
Old Orchard EstatesThe Orchard1BR, 1BA$880
Fox Pointe ApartmentsMagnolia1BR, 1BA$907
Cross Creek1 x 11BR, 1BA$920

Best Value Apartments for Rent in Erie, IL and Nearby

As of September 17, 2026 the best value apartment in the Erie area is the $1.17 price per square foot 5 bedroom Home Model at Links at Pebble Creek in the Outer Davenport Bettendorf neighborhood starting from $3,750. The second greatest value Erie apartment is the 3 Bed 2 Bath Model at PARK RUN APARTMENTS starting at $1,005 with a $0.97 price per square foot. Here is today’s list of the best values for Erie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Links at Pebble Creek5 bedroom Home5BR, 4.5BA$1.17
PARK RUN APARTMENTS3 Bed 2 Bath3BR, 2BA$0.97
Fulton Commons Apartments2 Bedroom, 1 Bath2BR, 1BA$0.95
Pius Lane Apartments2 bed2BR, 1BA$0.95
Cottage Bluff Apartments2-Bedroom2BR, 1BA$1.10
5425 Valley Dr2 Bed2BR, 1BA$1.03
Riverside Apartments and TownhomesTwo Bed, One Bath Townhome2BR, 1BA$1.06
Cross Creek1 x 11BR, 1BA$1.11
Eagle Ridge Apartments1BR/1.0BA1BR, 1BA$1.07
Pine View1 Bedroom 1 Bath Efficiency1BR, 1BA$1.12

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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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.

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

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Frequently Asked Questions about Cheap Erie Apartments

What is the Cheapest Studio apartment in Erie?

Currently the most affordable Cheap Studio Apartment in Erie is at Northland Park Apartments listed at $625.

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

The lowest price for a Cheap One Bedroom Erie Apartment is $645 at PARK RUN APARTMENTS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Erie is starting from $820 at The Avenues At East Moline.

What is the most affordable Erie Three Bedroom Apartment?

The best deal on a cheap Erie Three Bedroom Apartment rental is at Pine View and starts from $969.

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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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.

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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.

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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.