Cheap Apartments for Rent in Malden, IL from $400 (20 Rentals)

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

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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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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Blackhawk Apartments
1 to 2 Bedroom Apartments

Blackhawk Apartments

406 S 3rd StOregon, IL 61061
Senior Living
  • Utilities Included
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Rock Falls Apartments
Studio to 2 Bedroom Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Malden, IL Local Guide

Cheapest Available Malden Apartments for Rent and Nearby

 

The cheapest available apartment rental in Malden, IL is a Studio unit found at Northland Park Apartments priced from $625. Dixon River Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Malden apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northland Park ApartmentsStudioStudio,1BA$625
Dixon River Apartments1BD/1BA1BR,1BA$675
Willow Knolls ApartmentsStudioStudio,1BA$700
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$725
Winkler Village Apartments1BD 1BTH1BR,1BA$725

Best Value Apartments for Rent in Malden, IL and Nearby

As of December 25, 2025 the best value apartment in the Malden area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Malden apartment is the First Floor 2 Bedroom Model at The Willows starting at $1,475 with a $1.39 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Malden apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Point Apartments3 Bedroom 2 Bath2BR,2BA$1.18
The WillowsFirst Floor 2 Bedroom2BR,1BA$1.39
Apartments at Grand PrairieTwo Bedroom2BR,2BA$1.42
Camden Hills Apartments2 Bedroom, 2 Bath2BR,2BA$1.23
Flats at DunlapTwo Bedrooms, Two Bathrooms2BR,2BA$1.08
Ashbury Court2B2BR,1BA$1.24
Woodsage Apartments1 Bedroom Unit1BR,1BA$1.38
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Dixon River Apartments1BD/1BA1BR,1BA$1.03
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio ,1BA$1.12

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

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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 Malden, IL Rentals by Map

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See the most popular apartments and homes in Malden, IL

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Frequently Asked Questions about Cheap Malden Apartments

What is the Cheapest Studio apartment in Malden?

Currently the most affordable Cheap Studio Apartment in Malden is at Northland Park Apartments listed at $625.

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

The lowest price for a Cheap One Bedroom Malden Apartment is $675 at Dixon River Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Malden is starting from $775 at Dixon River Apartments.

What is the most affordable Malden Three Bedroom Apartment?

The best deal on a cheap Malden Three Bedroom Apartment rental is at Dixon River Apartments and starts from $910.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!