
Cheap Homes for Rent near Godfrey, IL from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Godfrey.


806 Center St

1309 Willard St

1311 Willard St
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.

306 E Main St

116 N 14th St

4 W Delmar Ave

2951 Hillcrest Ave
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.
Godfrey, IL Local Guide

How much does it cost to rent a home in Godfrey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Godfrey 2 Bedroom Homes for Rent | $1,105 | $520 | $1,750 |
| Godfrey 3 Bedroom Homes for Rent | $1,435 | $1,100 | $2,450 |
| Godfrey 4 Bedroom Homes for Rent | $1,340 | $825 | $2,000 |
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Godfrey, IL Local Guide
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Cheapest Available Godfrey Apartments for Rent and Nearby
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $970 |
Best Value Apartments for Rent in Godfrey, IL and Nearby
As of July 22, 2026 the best value apartment in the Godfrey area is the $0.99 price per square foot 5526 Humbert Rd Model at 5526 Humbert Rd in the in the Alton neighborhood starting from $965. The second greatest value Godfrey apartment is the 2 Beds, 1 bath Model at Surrey Court Apartments starting at $970 with a $1.12 price per square foot in the Godfrey neighborhood. Here is today’s list of the best values for Godfrey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5526 Humbert Rd | 5526 Humbert Rd | 2BR,1BA | $0.99 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| 3305 Myrle St, Unit 3305 | 3305 Myrle St | 2BR,1BA | $1.38 |
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 ArticleReal 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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Godfrey, IL Rentals by Map
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Frequently Asked Questions about Godfrey
What type of rentals are currently available in Godfrey?
There are currently 38 Apartments for Rent in Godfrey, IL with pricing that ranges from $675 to $1,150. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Godfrey ranging from $520 to $2,450.
What is the current price range for Rental Homes in Godfrey?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Godfrey ranges from $520 to $2,450 with an average monthly rent of $1,146.
How much are larger Three and Four Bedroom Rentals in Godfrey?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Godfrey range from $1,050 to $1,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,450. Four Bedroom Single-Family rentals are also available starting from $825 and Four Bedroom Apartments start at $1,150.
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

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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.