Cheap Apartments for Rent in Malta, IL from $620 (39 Rentals)

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Malta Manor II
1 to 2 Bedroom Apartments

Malta Manor II

200 N 2nd StMalta, IL 60150

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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4566 Governors Dr
1 to 2 Bedroom Apartments

4566 Governors Dr

4566 Governors DrRockford, IL 61109
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4551 Governors Dr
2 Bedroom Apartments

4551 Governors Dr

4551 Governors DrRockford, IL 61109
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4536 Trevor Cir
1 to 2 Bedroom Apartments

4536 Trevor Cir

4536 Trevor CirRockford, IL 61109
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4682 Trevor Cir
1 to 2 Bedroom Apartments

4682 Trevor Cir

4682 Trevor CirRockford, IL 61109

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.

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City Hall Suites
1 to 2 Bedroom Apartments

City Hall Suites

200 S 4th StDekalb, IL 60115
  • Utilities Included
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311 W Roosevelt St
2 Bedroom Apartments

311 W Roosevelt St

311 W Roosevelt StDekalb, IL 60115
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Showing Results 1-39, 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 Amber Manor in the Dekalb neighborhood priced from $739. Great Oaks Apartments in the Camp Grant neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,062. Here is today’s list of the most affordable Malta apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Amber ManorStudio Conv BStudio, 1BA$739
Great Oaks ApartmentsPrimrose at Great Oaks1BR, 1BA$1,062
Beacon Hill ApartmentsMagnolia1BR, 1BA$1,170
Colonial Townhouses3 TH3BR, 1BA$1,350
Lincolnshire West2gu2BR, 1BA$1,400
Isaac Executive SuitesJunior One BedroomStudio, 1BA$1,400
Eco Park33BR, 2BA$1,440
Cortland EstatesThree Bedroom3BR, 2BA$1,491
Mason Townhouse Suites4 TH4BR, 3BA$1,950
Hunter Star PropertiesHunter Star - 8 Bedroom 2.5 Bath8BR, 2BA$2,100

Best Value Apartments for Rent in Malta, IL and Nearby

As of September 23, 2026 the best value apartment in the Malta area is the $0.89 price per square foot 4 TH Model at Mason Townhouse Suites in the Dekalb neighborhood starting from $1,950. The second greatest value Malta apartment is the Gregory End Model at Terrabrook at Prairie Ridge starting at $2,500 with a $1.37 price per square foot. 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$0.89
Terrabrook at Prairie RidgeGregory End4BR, 2.5BA$1.37
Cortland EstatesThree Bedroom3BR, 2BA$1.33
Colonial Townhouses3 TH3BR, 1.5BA$1.23
Eco Park33BR, 2BA$1.48
Lincolnshire West2gu2BR, 1.5BA$1.65
Beacon Hill ApartmentsMarigold - Beacon Hill2BR, 1BA$1.74
Great Oaks ApartmentsPrimrose at Great Oaks1BR, 1BA$1.93
Amber ManorStudio Conv BStudio, 1BA$2.84

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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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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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 Malta Apartments

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

The lowest price for a Cheap One Bedroom Malta Apartment is $789 at Amber Manor.

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 $1,009 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 Colonial Townhouses and starts from $1,350.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.