Cheap Apartments for Rent in Lenzburg, IL from $300 (39 Rentals)

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

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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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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Lakewood Estates
1 to 2 Bedroom Apartments

Lakewood Estates

1114 E 3rd StO'Fallon, IL 62269
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215 anderson lane A
1 to 2 Bedroom Apartments

215 anderson lane A

215-223 Anderson LnShiloh, IL 62221
  • Utilities Included

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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Showing Results 1-39, Page 1 of 1

Lenzburg, IL Local Guide

Cheapest Available Lenzburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lenzburg, IL is a 1 Bed unit found at McKay Manor in the Clinton County neighborhood priced from $486. Cottonwood Village in the East St. Louis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Lenzburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McKay Manor1 Bdrm1BR,1BA$486
Cottonwood Village1 Bed, 1 bath1BR,1BA$695
Brookside Apartments1 Bedroom Main Street1BR,1BA$730
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$845
722 Abend St1 Bed, 1 bath1BR,1BA$895
Ben Louis Apartments2 Bedrooms 1 Bathroom2BR,1BA$925
500 E A St1 Bed, 1 bath1BR,1BA$950
Linwood ApartmentsTwo Bed One Bath2BR,1BA$1,000
Shiloh Commons HoldingsA2 1Bed | 1 Bath1BR,1BA$1,021
The Oaks of Dutch Hollow5819 1 bedroom1BR,1BA$1,025

Best Value Apartments for Rent in Lenzburg, IL and Nearby

As of July 05, 2026 the best value apartment in the Lenzburg area is the $1.18 price per square foot Rockwood B1 Model at Storyboard on Rockwood in the in the Belleville neighborhood starting from $1,440. The second greatest value Lenzburg apartment is the 3 Bd Townhouse w/ Garage Model at BSB Apartments starting at $1,150 with a $1.04 price per square foot in the Metro East neighborhood. Here is today’s list of the best values for Lenzburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Storyboard on RockwoodRockwood B12BR,2BA$1.18
BSB Apartments3 Bd Townhouse w/ Garage3BR,2BA$1.04
Reside Here Apartments & Rentals2BR/1.5BA2BR,1.5BA$1.09
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
1118 E 3rd St2 Beds, 1 bath2BR,1BA$1.18
1400 Sangamon Dr2 Beds, 2 baths2BR,2BA$1.15
54 Ben Louis Dr2 Beds, 1 bath2BR,1BA$1.22
Ben Louis Apartments2 Bedrooms 1 Bathroom2BR,1BA$1.12
McKay Manor1 Bdrm1BR,1BA$0.66
Cottonwood Village1 Bed, 1 bath1BR,1BA$1.24

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

Explore Lenzburg, IL Rentals by Map

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Frequently Asked Questions about Cheap Lenzburg Apartments

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

The lowest price for a Cheap One Bedroom Lenzburg Apartment is $486 at McKay Manor.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lenzburg is starting from $795 at Cottonwood Village.

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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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.

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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.

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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.

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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.