Cheap Apartments for Rent in Manhattan, IL from $800 (25 Rentals)

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

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115 South State Street
1 to 3 Bedroom Apartments

115 South State Street

115 S State StManhattan, IL 60442
  • Utilities Included
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120 Marion
2 Bedroom Apartments

120 Marion

120 Marion StManhattan, IL 60442
  • Utilities Included
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200 Morgan Court
1 to 2 Bedroom Apartments

200 Morgan Court

200 Morgan CtManhattan, IL 60442
  • Utilities Included
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210 Morgan
2 Bedroom Apartments

210 Morgan

210 Morgan CtManhattan, IL 60442

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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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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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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Pine Ridge
1 to 2 Bedroom Apartments

Pine Ridge

1112 Parkwood DrJoliet, IL 60432
  • 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 1-25, Page 1 of 1

Manhattan, IL Local Guide

Cheapest Available Manhattan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Manhattan, IL is a 1 Bed unit found at Stone Falls in the Sunset Point neighborhood priced from $949. Carriage Creek Apartments in the Lincoln Station neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,025. Here is today’s list of the most affordable Manhattan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone FallsOne Bedroom, Base Package1BR,1BA$949
Carriage Creek Apartments1 bedroom2BR,1BA$1,025
Edenbridge ApartmentsSenior Living 1x11BR,1BA$1,150
The Woodlands of Crest HillCypress1BR,1BA$1,220
Bays Tower ApartmentsStudio1BR,1BA$1,250

Best Value Apartments for Rent in Manhattan, IL and Nearby

As of December 12, 2025 the best value apartment in the Manhattan area is the $1.47 price per square foot 3BR/3.5BA Model at Alice Mae Townhomes in the in the Orland Crossing neighborhood starting from $3,240. The second greatest value Manhattan apartment is the Willowood Model at Redwood Lockport starting at $2,799 with a $2.03 price per square foot in the Maple Hill neighborhood. Here is today’s list of the best values for Manhattan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Alice Mae Townhomes3BR/3.5BA3BR,3.5BA$1.47
Redwood LockportWillowood2BR,2BA$2.03
Parkview Estates2BR/1.5BA2BR,1.5BA$1.66
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
Park Towers Apartment HomesTwo Bedroom 2 Bath-910 sqft2BR,2BA$1.84
Carriage Creek Apartments2 bedroom2BR,1BA$1.42
Richton Trail2 Beds, 1 bath2BR,1BA$1.84
Arbors at Hickory CreekAspen1BR,1BA$2.03
Edenbridge ApartmentsSenior Living 1x11BR,1BA$1.92
The Woodlands of Crest HillCypress1BR,1BA$2.04

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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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.

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Quick Rent Budget Calculator

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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!

Explore Manhattan, IL Rentals by Map

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Getting Around Manhattan, IL

Walk Score®

15 / 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 Manhattan Apartments

What is the Cheapest Studio apartment in Manhattan?

Currently the most affordable Cheap Studio Apartment in Manhattan is at Springs at Lockport listed at $1,536.

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

The lowest price for a Cheap One Bedroom Manhattan Apartment is $949 at Stone Falls.

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

Today's best deal for a Cheap Two Bedroom Apartment in Manhattan is starting from $1,025 at Carriage Creek Apartments.

What is the most affordable Manhattan Three Bedroom Apartment?

The best deal on a cheap Manhattan Three Bedroom Apartment rental is at Matteson Blu and starts from $2,305.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.