Cheap Apartments for Rent in Malta, IL from $400 (42 Rentals)

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Malta Manor II
1 to 2 Bedroom Apartments

Malta Manor II

200 N 2nd StMalta, IL 60150

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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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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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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4682 Trevor Cir
1 to 2 Bedroom Apartments

4682 Trevor Cir

4682 Trevor CirRockford, IL 61109
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4651 GOVERNORS DR
1 to 2 Bedroom Apartments

4651 GOVERNORS DR

4651 Governors DrRockford, IL 61109
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4604 Governors Dr
1 to 2 Bedroom Apartments

4604 Governors Dr

4604 Governors DrRockford, IL 61109
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4714 Trevor Cir
1 to 2 Bedroom Apartments

4714 Trevor Cir

4714 Trevor CirRockford, IL 61109

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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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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311 W Roosevelt St
2 Bedroom Apartments

311 W Roosevelt St

311 W Roosevelt StDekalb, IL 60115
  • 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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Showing Results 1-42, 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 Ashbury Court in the Devonaire Farms neighborhood priced from $815. Willis Senior Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here is today’s list of the most affordable Malta apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ashbury CourtSTStudio,1BA$815
Willis Senior Lofts1 Bedroom - Subsidized1BR,1BA$839
Varsity Square Apartments1 Bedroom with Dining Room1BR,1BA$938
Amber Manor2 Bedroom One Bathroom2BR,1BA$1,009
Beacon Hill ApartmentsBluebell1BR,1BA$1,155
Eco Park33BR,2BA$1,255
Isaac Executive SuitesJunior One BedroomStudio,1BA$1,400
City Hall Suites1 BD | 1 BA1BR,1BA$1,400
Hunter Star PropertiesHunter Star - 8 Bedroom 2.5 Bath8BR,2BA$2,100
Terrabrook at Prairie RidgeGregory3BR,2BA$2,400

Best Value Apartments for Rent in Malta, IL and Nearby

As of May 08, 2026 the best value apartment in the Malta area is the $1.37 price per square foot Gregory End Model at Terrabrook at Prairie Ridge in the starting from $2,500. The second greatest value Malta apartment is the 3 Bedroom Two Bathroom Model at Amber Manor starting at $1,339 with a $1.12 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.
Terrabrook at Prairie RidgeGregory End4BR,2.5BA$1.37
Amber Manor3 Bedroom Two Bathroom3BR,2BA$1.12
Eco Park33BR,2BA$1.29
Beacon Hill ApartmentsDahlia Deluxe2BR,1BA$1.74
Willis Senior Lofts1 Bedroom - Subsidized1BR,1BA$1.24
Varsity Square Apartments1 Bedroom with Dining Room1BR,1BA$1.71
Ashbury CourtSTStudio ,1BA$1.98
University Plaza ApartmentsA1 Floor Plan1BR,1BA$3.15

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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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 $839 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 $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 Eco Park and starts from $1,255.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.