Cheap Apartments for Rent in Manhattan, IL from $800 (35 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

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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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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Pine Ridge
1 to 2 Bedroom Apartments

Pine Ridge

1112 Parkwood DrJoliet, IL 60432
  • Utilities Included
property at 29837 IL-50

$1,000 - $1,400

1 To 2 Bedroom Rentals

Available Now

29837 IL-50

PeotoneIL60468
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Apartments of Orland
1 to 2 Bedroom Apartments

Apartments of Orland

16005 Applewood LnOrland Hills, IL 60487
  • 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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7081 Apartments
1 to 2 Bedroom Apartments

7081 Apartments

7081 170th StTinley Park, IL 60477
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1014 Shagbark Rd
2 Bedroom Apartments

1014 Shagbark Rd

1014 Shagbark RdNew Lenox, IL 60451
  • Utilities Included
Showing Results 1-35, 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 Studio apartment currently listed from $1,125. 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 ApartmentsStudio GardenStudio,1BA$1,125
Edenbridge ApartmentsED1.5991BR,1BA$1,185
Bays Tower ApartmentsStudio1BR,1BA$1,250
Maple Leaf ApartmentsMid-rise1BR,1BA$1,320
Willow Run of Crest Hill1 bedroom1BR,1BA$1,359
The Woodlands of Crest HillCypress 21BR,1BA$1,379
7349 175th St1 bed /1 bath1BR,1BA$1,500
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1,529
The Port1B1BR,1BA$1,550

Best Value Apartments for Rent in Manhattan, IL and Nearby

As of April 27, 2026 the best value apartment in the Manhattan area is the $2.14 price per square foot Goddard - 3 Bed 2.5 Bath Model at Manors at Brookmere in the in the Southwick Courtyards neighborhood starting from $3,120. The second greatest value Manhattan apartment is the C-2x2 Model at Highland Ridge starting at $2,473 with a $2.19 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.
Manors at BrookmereGoddard - 3 Bed 2.5 Bath3BR,2.5BA$2.14
Highland RidgeC-2x22BR,2BA$2.19
Maple Leaf ApartmentsMid-rise2BR,1.5BA$1.59
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
Park Towers Apartments2 Bed 2 Bath A Remodel2BR,2BA$1.97
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1.72
Timber Pointe ApartmentsCypress1BR,1BA$2.27
Willow Run of Crest Hill1 bedroom1BR,1BA$2.27
Edenbridge ApartmentsED1.5991BR,1BA$1.98
Carriage Creek ApartmentsStudio GardenStudio ,1BA$2.09

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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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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 $1,125.

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 Matteson Blu and starts from $2,540.

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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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.