Cheap Apartments for Rent in Mason City, IL from $400 (55 Rentals)

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

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Mason City Manor
1 to 2 Bedroom Apartments

Mason City Manor

405 E Jefferson StMason City, IL 62664
Senior Living
  • Utilities Included

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.

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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.

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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.

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215 N 3rd St
1 to 2 Bedroom Apartments

215 N 3rd St

215 N 3rd StHartsburg, IL 62643
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1001 Veerman St
1 Bedroom Apartments

1001 Veerman St

1001 Veerman StPekin, IL 61554
  • Utilities Included
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8710 W Main St
Studio Apartments

8710 W Main St

8710 W Main StMapleton, IL 61547
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2604 Pine St
Studio to 1 Bedroom Apartments

2604 Pine St

2604 Pine StPekin, IL 61554
  • Utilities Included
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Pine Woods Apartments
1 to 3 Bedroom Apartments

Pine Woods Apartments

1665 Seven Pines RdSpringfield, IL 62704
  • Utilities Included

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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property at 229 W Allen St

$950 - $1,250

1 To 3 Bedroom Rentals

Available Now

229 W Allen St

SpringfieldIL62704
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911 Hamilton St
1 to 3 Bedroom Apartments

911 Hamilton St

911 Hamilton StPekin, IL 61554

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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Mason City, IL Local Guide

Cheapest Available Mason City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mason City, IL is a 1 Bed unit found at Lincoln Senior Flats priced from $400. Whispering Pines Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Mason City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lincoln Senior Flats1 Bed 1 Bath1BR,1BA$400
Whispering Pines Apartments1 Bed, 1 Bath - Essential1BR,1BA$600
The Hickox CollectionThe Abe LincolnStudio,1BA$718
Cobblestone ApartmentsCobblestone 1BD1BR,1BA$750
528 Henrietta1BR/1.0BA1BR,1BA$750
Safe Harbor Properties1 Bdr 1 Bath with Balcony. WiFi Included.1BR,1BA$895
Ravenwood TownhomesTownhome2BR,1BA$895
Capitol Plaza ApartmentsOne Bedroom, One Bath1BR,1BA$896
The Boulevard TownhomesApartment2BR,1BA$900
Sunset Hills ApartmentsSunset Hills3BR,2BA$925

Best Value Apartments for Rent in Mason City, IL and Nearby

As of August 16, 2026 the best value apartment in the Mason City area is the $0.71 price per square foot Sunset Hills Model at Sunset Hills Apartments in the starting from $925. The second greatest value Mason City apartment is the Three Bedroom/Two Bath Model at The Residences at Rosemary Crossing I starting at $1,620 with a $1.25 price per square foot . Here is today’s list of the best values for Mason City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sunset Hills ApartmentsSunset Hills3BR,2BA$0.71
The Residences at Rosemary Crossing IThree Bedroom/Two Bath3BR,2BA$1.25
Ravenwood TownhomesTownhome2BR,1.5BA$0.90
Woodfield Queenwood ApartmentsTwo Bedrooms- Woodfield2BR,1BA$1.08
The Boulevard TownhomesTownhouse2BR,1.5BA$1.04
Safe Harbor Properties2 Bdr 1 Bath with Balcony. Capitol View.2BR,1BA$1.08
Lincoln Senior Flats2 Bed 1 Bath2BR,1BA$0.97
731 South Grand Ave W1/11BR,1BA$1.31
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.06
528 Henrietta1BR/1.0BA1BR,1BA$1.25

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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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.

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Best Local Schools in
Mason City, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Mason City Apartments

How much is rent for a Cheap One Bedroom Mason City Apartment?

The lowest price for a Cheap One Bedroom Mason City Apartment is $400 at Lincoln Senior Flats.

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

Today's best deal for a Cheap Two Bedroom Apartment in Mason City is starting from $725 at Whispering Pines Apartments.

What is the most affordable Mason City Three Bedroom Apartment?

The best deal on a cheap Mason City Three Bedroom Apartment rental is at Sunset Hills Apartments and starts from $925.

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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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.