Cheap Homes for Rent in Matherville, IL from $600 (6 Rentals)

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Search the lowest-cost Homes 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.

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.

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. Cotton Mill Apartments in the Rock Riverfront neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. 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
Cotton Mill Apartments1x11BR,1BA$700
Beverly Manor Apartments1 Bedroom1BR,1BA$700

Best Value Apartments for Rent in Matherville, IL and Nearby

As of June 13, 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 Haven - 3 Bed Model at Haven at Parkway starting at $1,395 with a $0.90 price per square foot in the Rock Riverfront 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
Haven at ParkwayHaven - 3 Bed3BR,2BA$0.90
Davenport Bank Apartments2bd/2ba2BR,2BA$1.00
LeClaireThe Lincoln2BR,1BA$1.10
Beverly Manor Apartments2 Bedroom2BR,1BA$1.19
Cotton Mill Apartments1x11BR,1BA$1.00
1215 24th Street Place - River Oaks Apartments1BR/1.0BA1BR,1BA$1.11
Crescent LoftsIncome Restricted1BR,1BA$1.10
Pine Ridge1-sycam1BR,1BA$1.19
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.95

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Frequently Asked Questions about Matherville

What type of rentals are currently available in Matherville?

There are currently 42 Apartments for Rent in Matherville, IL with pricing that ranges from $692 to $2,400. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Matherville ranging from $650 to $1,800.

What is the current price range for Rental Homes in Matherville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Matherville ranges from $650 to $1,800 with an average monthly rent of $1,168.

How much are larger Three and Four Bedroom Rentals in Matherville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Matherville range from $1,075 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,395.

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.