Cheap Apartments for Rent in Lisbon, IL from $600 (19 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

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Showing Results 1-19, 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. Tudor Park Apartments in the Downtown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,209. 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
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,365
Ravine Woods Apartments3 Bedroom3BR,1BA$1,525
Springs At OswegoStudio Grand OverlookStudio,1BA$1,569

Best Value Apartments for Rent in Lisbon, IL and Nearby

As of May 18, 2025 the best value apartment in the Lisbon area is the $1.73 price per square foot Campania End (TH) Model at Bristol Bay of Yorkville in the in the Blackberry Crossing West neighborhood starting from $2,985. The second greatest value Lisbon apartment is the 3BR Vista Model at Avanterra Wolfs Crossing starting at $3,119 with a $2.02 price per square foot in the Prescott Mill Crossings 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.
Bristol Bay of YorkvilleCampania End (TH)3BR,2.5BA$1.73
Avanterra Wolfs Crossing3BR Vista3BR,2.5BA$2.02
Ravine Woods Apartments3 Bedroom3BR,1BA$1.33
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
Enclave at 127th ApartmentsAria1BR,1BA$2.36
Timber Pointe ApartmentsElm1BR,1BA$2.42
Farmington Lakes ApartmentsHawthorn II1BR,1BA$2.30
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Montgomery Place ApartmentsElm1BR,1BA$2.15
Emblem OswegoA1.11BR,1BA$2.57

Quick Rent Budget Calculator

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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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Getting Around Lisbon, IL

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,365.

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

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.