
Cheap Apartments for Rent in Malden, IL from $400 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Malden.


Northland Park Apartments

MEADOWS OF LUKE RIDGE

Dixon River Apartments

Woods + Meadow Apartments

Willow Knolls Apartments
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.

The Terraces at Dekalb

Winkler Village Apartments

Ashbury Court

Colonial Apartments

The Grove Apartments
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.

Cedar Crossing Apartments

Willis Senior Lofts

432 6th St

15226 Creek Rd
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.

134 Marquette St
Malden, IL Local Guide

How much does it cost to rent an apartment in Malden?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Malden Studio Apartments | $717 | $575 | $800 |
Malden 1 Bedroom Apartments | $1,035 | $675 | $1,622 |
Malden 2 Bedroom Apartments | $1,365 | $775 | $1,835 |
Malden 3 Bedroom Apartments | $1,231 | $757 | $1,932 |
Malden 4 Bedroom Apartments | $2,030 | $2,030 | $2,030 |
Browse Top Apartments in Malden
See all Apartments in MaldenExplore Malden
Malden, IL Local Guide
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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. MEADOWS OF LUKE RIDGE has the second lowest priced unit, which is a 2 Beds apartment currently listed from $670. Here is today’s list of the most affordable Malden apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Northland Park Apartments | Studio | Studio,1BA | $625 |
MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $670 |
Dixon River Apartments | 1BD/1BA | 1BR,1BA | $675 |
Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio,1BA | $695 |
Willow Knolls Apartments | Studio | Studio,1BA | $700 |
Best Value Apartments for Rent in Malden, IL and Nearby
As of September 17, 2025 the best value apartment in the Malden area is the $0.92 price per square foot 4 TH Model at Mason Townhouse Suites in the in the Devonaire Farms neighborhood starting from $2,030. The second greatest value Malden apartment is the 5 TH Model at Old Orchard Apartments starting at $1,450 with a $0.81 price per square foot in the Devonaire Farms neighborhood. Here is today’s list of the best values for Malden apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Mason Townhouse Suites | 4 TH | 4BR,3BA | $0.92 |
Old Orchard Apartments | 5 TH | 5BR,2.5BA | $0.81 |
Brighton Woods | 2Bed2Bath | 2BR,2BA | $0.95 |
Colonial Apartments | 3 TH | 3BR,1.5BA | $1.14 |
MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $0.71 |
504 S Sweetbriar Dr | Model | 2BR,1BA | $1.11 |
Versailles Apartments | Jewel - 1BR / 1BA | 1BR,1BA | $1.10 |
Winkler Village Apartments | 1BD 1BTH | 1BR,1BA | $1.06 |
Dixon River Apartments | 1BD/1BA | 1BR,1BA | $1.03 |
Woods + Meadow Apartments | Studio Apartment in North Peoria | Studio ,1BA | $1.07 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Malden, IL Rentals by Map
See the most popular apartments and homes in Malden, IL
Getting Around Malden, IL
Walk Score®
8 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
26 / 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 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 $670 at MEADOWS OF LUKE RIDGE.
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
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.