Cheap Apartments for Rent in Lovejoy, IL from $600 (58 Rentals)

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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.

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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The New Broadview
1 to 2 Bedroom Apartments

The New Broadview

5 E BroadwayEast St. Louis, IL 62201
Senior Living
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Mansion House 1
Studio to 2 Bedroom Apartments

Mansion House 1

300 N 4th StSt. Louis, MO 63102
Corporate Housing
  • Utilities Included

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.

property at 210 N 17th St

$850 - $950

Studio To 1 Bedroom Rentals

Available Now

210 N 17th St

St. LouisMO63103
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1527 E Grand Blvd
2 Bedroom Apartments

1527 E Grand Blvd

1527 E Grand BlvdSt. Louis, MO 63107
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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Bee Hat Lofts
1 to 2 Bedroom Apartments

Bee Hat Lofts

1021-1025 Washington AveSt. Louis, MO 63101

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.

Lovejoy, IL Local Guide

Cheapest Available Lovejoy Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lovejoy, IL is a 1 Bed unit found at Collins Terrace Apartments in the Lafayette Square neighborhood priced from $644. Downtowner Apartments in the Lafayette Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Lovejoy apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Collins Terrace Apartments1 Bedroom Small1BR,1BA$644
Downtowner ApartmentsStudioStudio,1BA$775
The Gentrys Landing ApartmentsStudio UnfurnishedStudio,1BA$855
Sullivan Place Apartments1 Bed, 1 bath1BR,1BA$895
Grace Lofts1 Bed 1 Bath1BR,1BA$950
The Ely Walker Lofts1 Bedroom | 1 Bathroom2BR,1BA$950
The ShelbyPapinStudio,1BA$965
College Hill ApartmentsTownhome2BR,1BA$970
Cityside ApartmentsDogwood1BR,1BA$975
Six Cord1A1BR,1BA$1,025

Best Value Apartments for Rent in Lovejoy, IL and Nearby

As of July 04, 2026 the best value apartment in the Lovejoy area is the $0.80 price per square foot 2 Bedroom 2 Bath Model at Roberts Galerie Lofts in the in the Lafayette Square neighborhood starting from $1,500. The second greatest value Lovejoy apartment is the B Model at Denim Lofts starting at $1,875 with a $1.20 price per square foot in the Lafayette Square neighborhood. Here is today’s list of the best values for Lovejoy apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Roberts Galerie Lofts2 Bedroom 2 Bath2BR,2BA$0.80
Denim LoftsB2BR,2BA$1.20
Vangard LoftsBee Hat B62BR,2BA$0.98
Bogen | Urban Chic LoftsL22BR,2BA$1.21
Fashion Square IB12BR,1BA$1.15
Syndicate BuildingStabdard 1BR1BR,1BA$1.11
College Hill ApartmentsTownhome2BR,1.5BA$0.95
Grace Lofts1 Bed 1 Bath1BR,1BA$1.02
Bee Hat LoftsA3 - 1 Bed 1 Bath1BR,1BA$1.20
Collins Terrace Apartments1 Bedroom Small1BR,1BA$1.29

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!

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Frequently Asked Questions about Cheap Lovejoy Apartments

What is the Cheapest Studio apartment in Lovejoy?

Currently the most affordable Cheap Studio Apartment in Lovejoy is at Downtowner Apartments listed at $775.

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

The lowest price for a Cheap One Bedroom Lovejoy Apartment is $644 at Collins Terrace Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lovejoy is starting from $784 at Collins Terrace Apartments.

What is the most affordable Lovejoy Three Bedroom Apartment?

The best deal on a cheap Lovejoy Three Bedroom Apartment rental is at The Lofts at OPOP and starts from $2,090.

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.