Cheap Apartments for Rent in Matherville, IL from $500 (25 Rentals)

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

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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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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Spencer Towers
1 Bedroom Apartments

Spencer Towers

111 20th StRock Island, IL 61201
  • Utilities Included

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.

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LaFayette Square
2 to 3 Bedroom Apartments

LaFayette Square

625 W 4th StDavenport, IA 52801
  • Utilities Included

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.

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Valley View
1 to 2 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included
Showing Results 1-25, Page 1 of 1

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 RIVERWALK LOFTS in the Vander Veer Park neighborhood priced from $620. Pine Ridge in the Villa Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here is today’s list of the most affordable Matherville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$620
Pine Ridges-mulberStudio,1BA$685
Cotton Mill Apartments1x11BR,1BA$700
Crescent LoftsIncome Restricted1BR,1BA$760
1215 24th Street Place - River Oaks Apartments1BR/1.0BA1BR,1BA$775

Best Value Apartments for Rent in Matherville, IL and Nearby

As of July 29, 2025 the best value apartment in the Matherville area is the $1.05 price per square foot 3 BR/ 2 BA Model at Bucktown Lofts in the in the Vander Veer Park neighborhood starting from $1,750. The second greatest value Matherville apartment is the 2bd/2ba Model at Davenport Bank Apartments starting at $1,400 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.
Bucktown Lofts3 BR/ 2 BA3BR,2BA$1.05
Davenport Bank Apartments2bd/2ba2BR,2BA$1.00
LeClaireThe Fitzgerald2BR,1BA$0.96
The Penthouse DavenportOne Bedroom1BR,1BA$1.25
Homewood Manor1 Bed 1 Bath B1BR,1BA$1.26
Beverly Manor Apartments2 Bedroom2BR,1BA$1.19
1215 24th Street Place - River Oaks Apartments1BR/1.0BA1BR,1BA$1.11
Cotton Mill Apartments1x11BR,1BA$1.00
Crescent LoftsIncome Restricted1BR,1BA$1.10
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.95

Quick Rent Budget Calculator

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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 Matherville, IL Rentals by Map

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Getting Around Matherville, IL

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

17 / 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 Matherville Apartments

What is the Cheapest Studio apartment in Matherville?

Currently the most affordable Cheap Studio Apartment in Matherville is at Pine Ridge listed at $685.

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

The lowest price for a Cheap One Bedroom Matherville Apartment is $620 at RIVERWALK LOFTS.

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 $800 at Crescent Lofts.

What is the most affordable Matherville Three Bedroom Apartment?

The best deal on a cheap Matherville Three Bedroom Apartment rental is at Crowne Forest and starts from $1,307.

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.

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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.

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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.

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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.

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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.