
Cheap Apartments for Rent in Marshall, IL from $300 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Marshall.


Lakewood Apartments

The Millennium Apartments

Arbors at Honey Creek

Sullivan Downtown Townhomes

Springhill Apartments
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.

6th St Apartments

Melrose and Brooklyn Heights Apartments

Highland Terrace

Northwind

Willow Crossings

Harrison West

Ashton Apartments

Winston Terrace
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.

Center City Apartments

The Village Quarter

Park Place

1228 E Dawn Dr

428 S 15th St

1233 S 10th St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

500 S 5th St

1358 Chestnut St

1014 3rd Ave

610 S 5th St

1800 N 6th 1/2 St

121 Gilbert Ave

1400 Wabash Ave

432 2nd Ave
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.
Marshall, IL Local Guide

How much does it cost to rent an apartment in Marshall?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Marshall Studio Apartments | $677 | $500 | $870 |
Marshall 1 Bedroom Apartments | $931 | $351 | $1,702 |
Marshall 2 Bedroom Apartments | $1,174 | $519 | $1,920 |
Marshall 3 Bedroom Apartments | $1,466 | $534 | $2,556 |
Marshall 4 Bedroom Apartments | $1,371 | $514 | $2,510 |
Browse Top Apartments in Marshall
See all Apartments in MarshallExplore Marshall
Marshall, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Marshall Apartments for Rent and Nearby
 The cheapest available apartment rental in Marshall, IL is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. Lakewood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Marshall apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Historic Walnut Square | Two Bedroom | 2BR,1BA | $417 |
Lakewood Apartments | Studio | Studio,1BA | $500 |
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $505 |
Sullivan Downtown Townhomes | 3 Bed 2.5 Bath Duplex | 3BR,2BA | $534 |
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Arbors at Honey Creek | 2x2 | 2BR,2BA | $610 |
Highland Terrace | 1 Bed 1 Bath | 1BR,1BA | $675 |
Willow Crossings | Phase I - Studio | Studio,1BA | $699 |
Ashton Apartments | 1BR/1.5BA | 1BR,1BA | $700 |
Center City Apartments | City Center 1 | 1BR,1BA | $750 |
Best Value Apartments for Rent in Marshall, IL and Nearby
As of July 26, 2025 the best value apartment in the Marshall area is the $1.16 price per square foot Single Family Home Model at Sullivan Downtown Townhomes in the starting from $1,598. The second greatest value Marshall apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 price per square foot . Here is today’s list of the best values for Marshall apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sullivan Downtown Townhomes | Single Family Home | 3BR,2.5BA | $1.16 |
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
Heritage Trail | Two Bedroom Apartment | 2BR,2BA | $1.19 |
Park Place | 1639, 3 bed | 3BR,1BA | $1.15 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
The Annex of Terre Haute | 2 bed 2 Bath A | 2BR,2BA | $0.71 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.51 |
Ashton Apartments | 1BR/1.5BA | 1BR,1.5BA | $0.88 |
Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
Quick 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.
Best Local Schools in Marshall, IL
North Elementary School
Marshall High School
Marshall Jr High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Marshall, IL Rentals by Map
See the most popular apartments and homes in Marshall, IL
Getting Around Marshall, IL
Walk Score®
29 / 100
Car-Dependent
Most errands require a car
Bike Score®
40 / 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 Marshall Apartments
What is the Cheapest Studio apartment in Marshall?
Currently the most affordable Cheap Studio Apartment in Marshall is at Lakewood Apartments listed at $500.
How much is rent for a Cheap One Bedroom Marshall Apartment?
The lowest price for a Cheap One Bedroom Marshall Apartment is $550 at Union Pointe.
What is the lowest price for a Cheap Two Bedroom Marshall Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Marshall is starting from $417 at Historic Walnut Square.
What is the most affordable Marshall Three Bedroom Apartment?
The best deal on a cheap Marshall Three Bedroom Apartment rental is at Historic Walnut Square and starts from $479.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.