Cheap Apartments for Rent in Gillespie, IL from $500 (40 Rentals)

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

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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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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property at 205 North St

$650 - $800

1 To 2 Bedroom Rentals

Available Now

205 North St

RaymondIL62560

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.

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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.

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Heatherton Estates
1 to 3 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
Corporate Housing

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.

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Gillespie, IL Local Guide

Cheapest Available Gillespie Apartments for Rent and Nearby

 

The cheapest available apartment rental in Gillespie, IL is a 1 Bed unit found at Trinity Park in the North Riverfront neighborhood priced from $525. Lotts Landing Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here is today’s list of the most affordable Gillespie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Trinity Park1 bedroom, 1 bathroom1BR,1BA$525
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$560
Rocwood Apartments1BR Units1BR,1BA$700
Flax Meadow TownhomesTwo Bed2BR,1BA$715
Cedar Point ApartmentsEfficiencyStudio,1BA$775
The Georgetown Apartments1 Bed, 1 bath1BR,1BA$775
Bilava Village1BD/1BA1BR,1BA$795
Kingsbury Campus Apartments2 Beds, 1 Bath Model2BR,1BA$800
Whispering Lake Apartments2BR 1BA GARDEN2BR,1BA$831
326 E Central St2 Bed, 1 Bath2BR,1BA$875

Best Value Apartments for Rent in Gillespie, IL and Nearby

As of April 24, 2026 the best value apartment in the Gillespie area is the $1.02 price per square foot 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes in the in the North Riverfront neighborhood starting from $1,455. The second greatest value Gillespie apartment is the B1 Model at Parc at 720 starting at $910 with a $0.73 price per square foot in the Fruit Maple Carpenter neighborhood. Here is today’s list of the best values for Gillespie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$1.02
Parc at 720B12BR,2BA$0.73
The Residences at Bella VistaClassic3BR,2BA$0.97
Paddock Village Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.05
Victorian Village2 Bed 1.5 Bath2BR,1.5BA$1.08
Flax Meadow TownhomesTwo Bed2BR,1.5BA$0.81
Whispering Lake Apartments2BR 1BA GARDEN2BR,1BA$0.98
326 E Central St2 Bed, 1 Bath2BR,1BA$1.03
Kingsbury Campus Apartments2 Beds, 1 Bath Model2BR,1BA$1.05
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$0.87

10 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.

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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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The 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.

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Cash 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.

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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.

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Gillespie, IL

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Frequently Asked Questions about Cheap Gillespie Apartments

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

The lowest price for a Cheap One Bedroom Gillespie Apartment is $525 at Trinity Park.

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

Today's best deal for a Cheap Two Bedroom Apartment in Gillespie is starting from $625 at Trinity Park.

What is the most affordable Gillespie Three Bedroom Apartment?

The best deal on a cheap Gillespie Three Bedroom Apartment rental is at Flax Meadow Townhomes and starts from $883.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.