
Cheap Apartments for Rent in Manhattan, IL from $800 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Manhattan.


120 Marion

200 Morgan Court

210 Morgan

Pine Meadows Apartments

Stone Falls

Larkin Village

Carriage Creek Apartments

The Birches Apartments
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.

Winchester Manor

Richton Trail

Bays Tower Apartments

The Woodlands of Crest Hill

Cedar Ridge Apartments

Maple Leaf Apartments

Willow Run of Crest Hill

Park Towers Apartments

Pheasant Run Apartments
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.

The Port

7349 175th St

The Residences at 159 Tinley Park Place

Total Monthly Price
15122 Quail Hollow Dr

The View at Rock Run Collection

Arbors at Hickory Creek

Springs at Lockport

Edenbridge Apartments

Matteson Blu
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.

Reserve at Romeoville

The Bluffs

Pine Ridge

115 N Hickory St

Twin Oaks West Apartments

Sutton Place Apartments

1903 Nicholson St

Apartments of Orland

7081 Apartments
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.

138 S 1st St

204 E Washington St

1353 Lakeview Ave

1014 Shagbark Rd

121 Davis Ave

224 E Cass St

24430-24438 W Eames St

1032 Shagbark Rd

411 Wallace St
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.

10727 Green Meadows Dr

6607 181st St
Manhattan, IL Local Guide

How much does it cost to rent an apartment in Manhattan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Manhattan Studio Apartments | $1,600 | $895 | $2,243 |
| Manhattan 1 Bedroom Apartments | $1,866 | $949 | $3,028 |
| Manhattan 2 Bedroom Apartments | $2,311 | $1,150 | $3,630 |
| Manhattan 3 Bedroom Apartments | $2,545 | $1,785 | $3,697 |
Browse Top Apartments in Manhattan
See all Apartments in ManhattanExplore Manhattan
Manhattan, IL Local Guide
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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 Studio apartment currently listed from $1,135. Here is today’s list of the most affordable Manhattan apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stone Falls | One Bedroom, Base Package | 1BR,1BA | $949 |
| Carriage Creek Apartments | Studio Mid-Rise | Studio,1BA | $1,135 |
| Bays Tower Apartments | Studio | 1BR,1BA | $1,250 |
| The Woodlands of Crest Hill | Studio Renovated | Studio,1BA | $1,289 |
| Maple Leaf Apartments | Mid-rise | 1BR,1BA | $1,320 |
| Willow Run of Crest Hill | 1 bedroom | 1BR,1BA | $1,359 |
| Park Towers Apartments | 1 Bed 1 Bath A | 1BR,1BA | $1,365 |
| 7349 175th St | 1 bed /1 bath | 1BR,1BA | $1,500 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,529 |
| The Residences at 159 Tinley Park Place | 2 Bedroom Small | 2BR,1BA | $1,650 |
Best Value Apartments for Rent in Manhattan, IL and Nearby
As of July 27, 2026 the best value apartment in the Manhattan area is the $0.91 price per square foot 3BR/1.5BA Model at Bellarmine Estates in the in the Sunset Point neighborhood starting from $2,195. The second greatest value Manhattan apartment is the 3BR/3.5BA Model at Alice Mae Townhomes starting at $3,399 with a $1.55 price per square foot in the Orland Crossing neighborhood. Here is today’s list of the best values for Manhattan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bellarmine Estates | 3BR/1.5BA | 3BR,1.5BA | $0.91 |
| Alice Mae Townhomes | 3BR/3.5BA | 3BR,3.5BA | $1.55 |
| 15122 Quail Hollow Dr | 3 Bedroom | 3BR,2BA | $1.52 |
| Reserve at Romeoville | Highlands-G | 2BR,2BA | $2.09 |
| Pheasant Run Apartments | sc3s1.5 | 3BR,1.5BA | $1.82 |
| Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
| Park Towers Apartments | 2 Bed 2 Bath A Remodel | 2BR,2BA | $1.78 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.72 |
| The Residences at 159 Tinley Park Place | 2 Bedroom Large | 2BR,1BA | $1.95 |
| Maple Leaf Apartments | Garden | 1BR,1BA | $1.66 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Manhattan, IL Rentals by Map
See the most popular apartments and homes in Manhattan, IL
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 Carriage Creek Apartments listed at $1,135.
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 $1,219 at Stone Falls.
What is the most affordable Manhattan Three Bedroom Apartment?
The best deal on a cheap Manhattan Three Bedroom Apartment rental is at Pheasant Run Apartments and starts from $1,785.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.