
Cheap Apartments for Rent in Greenville, IL from $400 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenville.


1200 IL-140, Unit 6

101 E Washington Ave

Storyboard on Beaumont

Cedars of Lebanon Apartments

McKay Manor

Rocwood Apartments
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.

Flax Meadow Townhomes

Capitol Pointe Apartments

Broadway Place

The Raymond Apartments

326 E Central St

Linwood Apartments

Metro Apartments At Bethalto
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.

Metro Apartments at Wood River

Green Door Apartments

Lotts Landing Senior Apartments

205 North St

605 Walnut St. Apartments

Highland Villas Apartments - 55+ Senior

Lakewood Estates
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.

304 Estate Dr

116 W Zupan St

4 Coachlight Trailer Park

205 N North St

106 Lee Dr

307 E Elm St

511 E Beckemeyer Ave
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.
Greenville, IL Local Guide

How much does it cost to rent an apartment in Greenville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenville Studio Apartments | $1,195 | $200 | $1,395 |
| Greenville 1 Bedroom Apartments | $1,551 | $200 | $1,895 |
| Greenville 2 Bedroom Apartments | $1,759 | $200 | $2,799 |
| Greenville 3 Bedroom Apartments | $1,901 | $859 | $3,219 |
| Greenville 4 Bedroom Apartments | $1,704 | $734 | $3,110 |
Browse Top Apartments in Greenville
See all Apartments in GreenvilleExplore Greenville
Greenville, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Greenville Apartments for Rent and Nearby
 The cheapest available apartment rental in Greenville, IL is a 2 Beds unit found at Cedars of Lebanon Apartments in the Metro East neighborhood priced from $200. McKay Manor in the Clinton County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $486. Here is today’s list of the most affordable Greenville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedars of Lebanon Apartments | Two Bedroom | 2BR,1BA | $200 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $486 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $700 |
| Flax Meadow Townhomes | Two Bed | 2BR,1BA | $715 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $752 |
| Kingsbury Campus Apartments | 2 Beds, 1 Bath Model | 2BR,1BA | $800 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $800 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $1,000 |
| Metro Apartments At Collinsville | 1BR/1BA Cherokee Upgraded w/Carport | 1BR,1BA | $1,150 |
| Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Greenville, IL and Nearby
As of July 23, 2026 the best value apartment in the Greenville area is the $0.95 price per square foot 4Bd Townhouse Deluxe Model at BSB Apartments in the in the Metro East neighborhood starting from $1,650. The second greatest value Greenville apartment is the D1 Model at Parc at 720 starting at $785 with a $0.56 price per square foot in the Edwardsville neighborhood. Here is today’s list of the best values for Greenville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| BSB Apartments | 4Bd Townhouse Deluxe | 4BR,2BA | $0.95 |
| Parc at 720 | D1 | 4BR,4BA | $0.56 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Flax Meadow Townhomes | Two Bed | 2BR,1.5BA | $0.81 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Kingsbury Campus Apartments | 2 Beds, 1 Bath Model | 2BR,1BA | $1.05 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $0.66 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $1.03 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $1.13 |
| Cedars of Lebanon Apartments | Studio | Studio ,1BA | $0.44 |
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?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Greenville, IL Rentals by Map
See the most popular apartments and homes in Greenville, IL
Frequently Asked Questions about Cheap Greenville Apartments
What is the Cheapest Studio apartment in Greenville?
Currently the most affordable Cheap Studio Apartment in Greenville is at Cedars of Lebanon Apartments listed at $200.
How much is rent for a Cheap One Bedroom Greenville Apartment?
The lowest price for a Cheap One Bedroom Greenville Apartment is $200 at Cedars of Lebanon Apartments.
What is the lowest price for a Cheap Two Bedroom Greenville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Greenville is starting from $200 at Cedars of Lebanon Apartments.
What is the most affordable Greenville Three Bedroom Apartment?
The best deal on a cheap Greenville Three Bedroom Apartment rental is at McKay Manor and starts from $587.
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.