Cheap Apartments for Rent in Malta, IL from $500 (21 Rentals)

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Malta Manor II
2 Bedroom Apartments

Malta Manor II

200 N 2nd StMalta, IL 60150

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-21, Page 1 of 1

Malta, IL Local Guide

Cheapest Available Malta Apartments for Rent and Nearby

 

The cheapest available apartment rental in Malta, IL is a Studio unit found at The Terraces at Dekalb in the Devonaire Farms neighborhood priced from $725. Willis Senior Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Malta apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Terraces at DekalbRussell Road StudioStudio,1BA$725
Willis Senior Lofts1 Bedroom1BR,1BA$800
New Suburban ApartmentsStudioStudio,1BA$800
Great Oaks ApartmentsPrimrose at Great Oaks1BR,1BA$810
Beacon Hill ApartmentsPrimrose - Beacon Hill1BR,1BA$812

Best Value Apartments for Rent in Malta, IL and Nearby

As of May 30, 2025 the best value apartment in the Malta 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 Malta apartment is the Barrington Plaza Realty.. Model at Barrington Plaza Realty starting at $1,650 with a $0.98 price per square foot in the Devonaire Farms neighborhood. Here is today’s list of the best values for Malta apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mason Townhouse Suites4 TH4BR,3BA$0.92
Barrington Plaza RealtyBarrington Plaza Realty..5BR,2BA$0.98
1012-1070 Turin3BR/2.5BA3BR,2.5BA$1.56
Hampton Trail2BD 2BA2BR,2BA$1.18
St. Albans Greens Townhouses and Apartments2 Bedrooom TH NEW2BR,2BA$1.33
Eco Park33BR,2BA$1.28
Cornerstone Dekalb Apartments1 BD | 1 BA1BR,1BA$1.61
Ashbury Court2B2BR,1BA$1.18
Willis Senior Lofts1 Bedroom1BR,1BA$1.26
Great Oaks ApartmentsPrimrose at Great Oaks1BR,1BA$1.47

Quick Rent Budget Calculator

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

Explore Malta, IL Rentals by Map

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See the most popular apartments and homes in Malta, IL

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Getting Around Malta, IL

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 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 Malta Apartments

What is the Cheapest Studio apartment in Malta?

Currently the most affordable Cheap Studio Apartment in Malta is at The Terraces at Dekalb listed at $725.

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

The lowest price for a Cheap One Bedroom Malta Apartment is $800 at Willis Senior Lofts.

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

Today's best deal for a Cheap Two Bedroom Apartment in Malta is starting from $909 at Amber Manor.

What is the most affordable Malta Three Bedroom Apartment?

The best deal on a cheap Malta Three Bedroom Apartment rental is at The Terraces at Dekalb and starts from $1,025.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.