Cheap Apartments for Rent in Matherville, IL from $500 (51 Rentals)

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

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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Spencer Towers
1 Bedroom Apartments

Spencer Towers

111 20th StRock Island, IL 61201
  • Utilities Included

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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property at 604 W 3rd St

$700 - $750

1 Bedroom Rentals

Available Now

604 W 3rd St

DavenportIA52801
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Valley View
1 to 3 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included

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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2323-3030 31st Ave
2 Bedroom Apartments

2323-3030 31st Ave

2323-3030 31st AveRock Island, IL 61201
  • Utilities Included
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LaFayette Square
2 to 4 Bedroom Apartments

LaFayette Square

625 W 4th StDavenport, IA 52801
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Matherville, IL Local Guide

Cheapest Available Matherville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Matherville, IL is a 1 Bed unit found at Century Woods Apartments in the Saukie neighborhood priced from $615. 2028 7th Ave in the Villa Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Matherville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Century Woods Apartments1 BR 1 Bath1BR,1BA$615
2028 7th AveStudioStudio,1BA$650
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$650
Apartments on MainStudioStudio,1BA$750
Pershing Hill LoftsStudioStudio,1BA$818
Pine Ridge1-sycam1BR,1BA$820
The Avenues At East Moline2 bed 1 bath2BR,1BA$820
Crescent LoftsIncome Restricted1BR,1BA$824
Timber Ridge Apartments1BR/1.0BA1BR,1BA$825
Homewood Manora11BR,1BA$850

Best Value Apartments for Rent in Matherville, IL and Nearby

As of July 05, 2026 the best value apartment in the Matherville area is the $1.04 price per square foot 1bd/1ba Model at Davenport Bank Apartments in the in the Vander Veer Park neighborhood starting from $1,250. The second greatest value Matherville apartment is the 2x1 Model at Halligan Coffee Company Lofts starting at $1,068 with a $1.00 price per square foot in the Vander Veer Park neighborhood. Here is today’s list of the best values for Matherville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Davenport Bank Apartments1bd/1ba1BR,1BA$1.04
Halligan Coffee Company Lofts2x12BR,1BA$1.00
Vue at 7th2 Bedroom 1 Bathroom2BR,1BA$1.03
Crowne ForestTwo Bedroom2BR,2BA$1.21
Crescent LoftsMarket 1 bed 1.5 bath1BR,1.5BA$1.19
Century Woods Apartments1 BR 1 Bath1BR,1BA$0.82
The Avenues At East Moline2 bed 1 bath2BR,1BA$1.17
Timber Ridge Apartments1BR/1.0BA1BR,1BA$1.19
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.99
2028 7th AveStudioStudio ,1BA$1.08

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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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.

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

Explore Matherville, IL Rentals by Map

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See the most popular apartments and homes in Matherville, IL

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Frequently Asked Questions about Cheap Matherville Apartments

What is the Cheapest Studio apartment in Matherville?

Currently the most affordable Cheap Studio Apartment in Matherville is at 2028 7th Ave listed at $650.

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

The lowest price for a Cheap One Bedroom Matherville Apartment is $615 at Century Woods Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Matherville is starting from $700 at 2028 7th Ave.

What is the most affordable Matherville Three Bedroom Apartment?

The best deal on a cheap Matherville Three Bedroom Apartment rental is at Century Woods Apartments and starts from $815.

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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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.