
Cheap Apartments for Rent in Hamel, IL from $500 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Hamel.


Cedars of Lebanon Apartments

Trinity Park

Edison Ave. Lofts

Bilava Village

Rocwood Apartments

The Residences at Bella Vista

Emerald Ridge
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.

Flax Meadow Townhomes

Godfrey Estates

Broadway Place

Cedar Point Apartments

The Georgetown Apartments

326 E Central St

Spanish Lake Townhomes

Metro Apartments at Bethalto
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.

Metro Apartments at Wood River

Surrey Court Apartments

The Reserve at Spanish Lake

ReNew at Alton

Windham Chase Apartments

Metro Apartments At Collinsville

Paddock Village Apartments

Victorian Village
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.

Chouteau Bay Apartments

Metro Apartments at Granite City

111 S Central Ave

919 Mulberry St

605 Walnut St. Apartments

Lookaway Heights Apartments

Highland Villas Apartments - 55+ Senior

420 Winona St
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.

2717 Lincoln Ave

208 W Thomas St

1308 Virginia Ave

1104 Arrowhead Dr

1602 Park St

306 Lampert St

2734 Center St

2222 Brown St
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.

2016 Salu St

Timber Ridge

11 W Perry St

176 S Pence St
Hamel, IL Local Guide

How much does it cost to rent an apartment in Hamel?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hamel Studio Apartments | $1,144 | $200 | $1,365 |
| Hamel 1 Bedroom Apartments | $816 | $200 | $2,240 |
| Hamel 2 Bedroom Apartments | $1,207 | $200 | $2,795 |
| Hamel 3 Bedroom Apartments | $1,785 | $859 | $3,349 |
| Hamel 4 Bedroom Apartments | $1,384 | $714 | $3,010 |
Browse Top Apartments in Hamel
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Hamel, IL Local Guide
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Cheapest Available Hamel Apartments for Rent and Nearby
 The cheapest available apartment rental in Hamel, IL is a 2 Beds unit found at Cedars of Lebanon Apartments in the Metro East neighborhood priced from $200. Trinity Park in the North Riverfront neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Hamel apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedars of Lebanon Apartments | Two Bedroom | 2BR,1BA | $200 |
| Trinity Park | 1 bedroom, 1 bathroom | 1BR,1BA | $525 |
| Bilava Village | 1BD/1BA | 1BR,1BA | $675 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $700 |
| Flax Meadow Townhomes | Two Bed | 2BR,1BA | $715 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $752 |
| Cedar Point Apartments | Efficiency | Studio,1BA | $775 |
| The Residences at Bella Vista | Classic | 1BR,1BA | $775 |
| The Georgetown Apartments | 1 Bed, 1 bath | 1BR,1BA | $775 |
| Spanish Lake Townhomes | Luna | 1BR,1BA | $900 |
Best Value Apartments for Rent in Hamel, IL and Nearby
As of June 13, 2026 the best value apartment in the Hamel area is the $0.88 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 $1,255. The second greatest value Hamel apartment is the D1 Model at Parc at 720 starting at $760 with a $0.54 price per square foot in the Fruit Maple Carpenter neighborhood. Here is today’s list of the best values for Hamel apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Trace Townhomes | 3 Bedroom 1.5 Bath Townhome with Garage | 3BR,1.5BA | $0.88 |
| Parc at 720 | D1 | 4BR,4BA | $0.54 |
| BSB Apartments | 3 Bd Townhouse w/ Garage | 3BR,2BA | $1.04 |
| Parkview | 2x1.5 | 2BR,1.5BA | $1.05 |
| Victorian Village | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.09 |
| Flax Meadow Townhomes | Two Bed | 2BR,1.5BA | $0.81 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $1.03 |
| Trinity Park | 1 bedroom, 1 bathroom | 1BR,1BA | $1.09 |
| Edison Ave. Lofts | 1 Bdrm Garden, 520 SqFt, Tax Credit, Low Home, ... | 1BR,1BA | $1.07 |
| 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 Hamel, IL Rentals by Map
See the most popular apartments and homes in Hamel, IL
Frequently Asked Questions about Cheap Hamel Apartments
What is the Cheapest Studio apartment in Hamel?
Currently the most affordable Cheap Studio Apartment in Hamel is at Cedars of Lebanon Apartments listed at $200.
How much is rent for a Cheap One Bedroom Hamel Apartment?
The lowest price for a Cheap One Bedroom Hamel Apartment is $200 at Cedars of Lebanon Apartments.
What is the lowest price for a Cheap Two Bedroom Hamel Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hamel is starting from $200 at Cedars of Lebanon Apartments.
What is the most affordable Hamel Three Bedroom Apartment?
The best deal on a cheap Hamel Three Bedroom Apartment rental is at Broadway Place and starts from $859.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.