Cheap Apartments for Rent in Malden, IL from $400 (22 Rentals)

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

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Blackhawk Apartments
1 to 2 Bedroom Apartments

Blackhawk Apartments

406 S 3rd StOregon, IL 61061
  • Utilities Included
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Tiffany Pointe
Studio to 2 Bedroom Apartments

Tiffany Pointe

1508 W Tiffany DrPeoria, IL 61614
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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

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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. 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 ListingModel NameBed/BathPriced From
Northland Park ApartmentsStudioStudio,1BA$625
MEADOWS OF LUKE RIDGE2 BED 1 BATH2BR,1BA$670
Dixon River Apartments1BD/1BA1BR,1BA$675
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$695
Willow Knolls ApartmentsStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mason Townhouse Suites4 TH4BR,3BA$0.92
Old Orchard Apartments5 TH5BR,2.5BA$0.81
Brighton Woods2Bed2Bath2BR,2BA$0.95
Colonial Apartments3 TH3BR,1.5BA$1.14
MEADOWS OF LUKE RIDGE2 BED 1 BATH2BR,1BA$0.71
504 S Sweetbriar DrModel2BR,1BA$1.11
Versailles ApartmentsJewel - 1BR / 1BA1BR,1BA$1.10
Winkler Village Apartments1BD 1BTH1BR,1BA$1.06
Dixon River Apartments1BD/1BA1BR,1BA$1.03
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio ,1BA$1.07

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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.

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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.

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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.

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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.

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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.