Cheap Homes for Rent in Matherville, IL from $600 (12 Rentals)

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 $695. 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$695
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 August 26, 2025 the best value apartment in the Matherville area is the $1.00 price per square foot 2bd/2ba Model at Davenport Bank Apartments in the in the Vander Veer Park neighborhood starting from $1,400. The second greatest value Matherville apartment is the 2 Bedroom 1 Bathroom Model at Vue at 7th starting at $950 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 Apartments2bd/2ba2BR,2BA$1.00
Vue at 7th2 Bedroom 1 Bathroom2BR,1BA$1.00
LeClaireThe Martin1BR,1BA$1.17
Bowstring Lofts1BR/1BA1BR,1BA$1.24
Pine Ridge2-willow2BR,1BA$1.20
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
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.95

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

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Frequently Asked Questions about Matherville

What type of rentals are currently available in Matherville?

There are currently 44 Apartments for Rent in Matherville, IL with pricing that ranges from $685 to $2,400. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Matherville ranging from $685 to $3,100.

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 $685 to $3,100 with an average monthly rent of $1,345.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.