Cheap Apartments for Rent near Lisbon, IL from $600 (40 Rentals)

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

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.

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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.

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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.

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Fox Hill Senior Living
1 to 2 Bedroom Apartments

Fox Hill Senior Living

1536 Sycamore RdYorkville, IL 60560
Senior Living
  • Utilities Included
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Deville Manor
1 to 2 Bedroom Apartments

Deville Manor

110 5th StOswego, IL 60543
Senior Living
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811 Covey Ln
1 Bedroom Apartments

811 Covey Ln

811 Covey LnCoal City, IL 60416

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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property at 318 Liberty St

$1,450 - $1,550

1 To 2 Bedroom Rentals

Available Now

318 Liberty St

MorrisIL60450
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South Adams St
2 Bedroom Apartments

South Adams St

209 S Adams StOswego, IL 60543
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North Adams St
2 Bedroom Apartments

North Adams St

182 N Adams StOswego, IL 60543

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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Showing Results 1-40, Page 1 of 1

Lisbon, IL Local Guide

Cheapest Available Lisbon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lisbon, IL is a 1 Bed unit found at Stone Falls in the Sunset Point neighborhood priced from $949. Wedgewood Manor Active Senior Living in the Ashcroft Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,070. Here is today’s list of the most affordable Lisbon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone FallsOne Bedroom, Base Package1BR,1BA$949
Wedgewood Manor Active Senior LivingB1BR,1BA$1,070
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
Deville Manor1 Bedroom1BR,1BA$1,250
Willow Run of Crest Hill1 bedroom1BR,1BA$1,359
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,450
Countryside Village Apartments1 Bed, 1 bath1BR,1BA$1,578
Springs At OswegoStudio Grand OverlookStudio,1BA$1,627
24138 - 24158 W Main St24138 W Main St Unit 1022BR,1BA$1,650
Farmington Lakes ApartmentsHawthorn1BR,1BA$1,727

Best Value Apartments for Rent in Lisbon, IL and Nearby

As of July 28, 2026 the best value apartment in the Lisbon area is the $0.91 price per square foot 3BR/1.5BA Model at Bellarmine Estates in the in the Sunset Point neighborhood starting from $2,195. The second greatest value Lisbon apartment is the Capewood Model at Redwood Oswego starting at $2,999 with a $1.85 price per square foot in the Blackberry Crossing West neighborhood. Here is today’s list of the best values for Lisbon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bellarmine Estates3BR/1.5BA3BR,1.5BA$0.91
Redwood OswegoCapewood2BR,2BA$1.85
Home at AshcroftDouglas BF3BR,2BA$2.24
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Reserve at Fox River3BR3BR,2BA$1.78
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Deville Manor1 Bedroom1BR,1BA$1.82
Willow Run of Crest Hill1 bedroom1BR,1BA$2.27
Wedgewood Manor Active Senior LivingB1BR,1BA$1.78

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

Explore Lisbon, IL Rentals by Map

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See the most popular apartments and homes in Lisbon, IL

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Frequently Asked Questions about Cheap Lisbon Apartments

What is the Cheapest Studio apartment in Lisbon?

Currently the most affordable Cheap Studio Apartment in Lisbon is at The Reserve at Hudson Crossing listed at $1,450.

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

The lowest price for a Cheap One Bedroom Lisbon Apartment is $949 at Stone Falls.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lisbon is starting from $1,209 at Tudor Park Apartments.

What is the most affordable Lisbon Three Bedroom Apartment?

The best deal on a cheap Lisbon Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.

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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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.

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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.