Cheap Apartments for Rent in Lisbon, IL from $600 (43 Rentals)

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

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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Deville Manor
1 to 2 Bedroom Apartments

Deville Manor

110 5th StOswego, IL 60543
Senior Living

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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property at 318 Liberty St

$1,500 - $1,600

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

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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Showing Results 1-43, 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 2 Beds unit found at Deville Manor in the Prescott Mill Crossings neighborhood priced from $678. Stone Falls in the Sunset Point neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here is today’s list of the most affordable Lisbon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Deville Manor2 Bedroom A2BR,1BA$678
Stone FallsOne Bedroom, Base Package1BR,1BA$949
Wedgewood Manor Active Senior LivingB1BR,1BA$1,070
811 Covey Ln1x11BR,1BA$1,200
Tudor Park ApartmentsTwo Bedroom One Bathroom2BR,1BA$1,209
Willow Run of Crest Hill1 bedroom1BR,1BA$1,359
The Reserve at Hudson CrossingHarrisonStudio,1BA$1,450
The Onyx on VictoriaPremier 1 Bedroom 1 Bathroom Apartment1BR,1BA$1,475
Countryside Village Apartments1 Bed, 1 bath1BR,1BA$1,578
24138 - 24158 W Main St24138 W Main St Unit 1022BR,1BA$1,650

Best Value Apartments for Rent in Lisbon, IL and Nearby

As of June 12, 2026 the best value apartment in the Lisbon area is the $1.95 price per square foot 4BR Garden Model at Avanterra Wolfs Crossing in the in the Prescott Mill Crossings neighborhood starting from $3,370. 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.
Avanterra Wolfs Crossing4BR Garden4BR,2.5BA$1.95
Redwood OswegoCapewood2BR,2BA$1.85
Bristol Bay of YorkvilleAccera2BR,2.5BA$1.74
Reserve at Fox River3BR3BR,2BA$1.78
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
811 Covey Ln1x11BR,1BA$1.33
Springs At Oswego1 BR Designer Overlook1BR,1BA$2.13
Tudor Park ApartmentsThree Bedroom One Bathroom3BR,1BA$1.64
Deville Manor1 Bedroom1BR,1BA$1.75
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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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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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 $678 at Deville Manor.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.