
Cheap Apartments for Rent in Mattoon, IL from $300 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Mattoon.


1908 Marion Ave

Country View Estates of Charleston

RESERVE AT LAKEVIEW

Roosevelt School Apartments
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.

The Millennium Apartments

Melrose and Brooklyn Heights Apartments

Mounford Terrace

Stones Crossing Apartments

OldeTowne Apartments

Park Place
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.

Woodcrest Apartment Homes

Timber Cove

1613 E Johns Ave

525 S Division St

3604 E Hardy St
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.
Mattoon, IL Local Guide

How much does it cost to rent an apartment in Mattoon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mattoon Studio Apartments | $596 | $469 | $675 |
| Mattoon 1 Bedroom Apartments | $800 | $413 | $1,744 |
| Mattoon 2 Bedroom Apartments | $1,114 | $543 | $1,800 |
| Mattoon 3 Bedroom Apartments | $1,158 | $613 | $2,150 |
| Mattoon 4 Bedroom Apartments | $1,517 | $1,469 | $1,529 |
Browse Top Apartments in Mattoon
See all Apartments in MattoonExplore Mattoon
Mattoon, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Mattoon Apartments for Rent and Nearby
 The cheapest available apartment rental in Mattoon, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Roosevelt School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $461. Here is today’s list of the most affordable Mattoon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $461 |
| Rider Place | 1 Bedroom | 1BR,1BA | $500 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $505 |
| Melrose and Brooklyn Heights Apartments | 2 Bed 1 Bath | 2BR,1BA | $585 |
Best Value Apartments for Rent in Mattoon, IL and Nearby
As of October 29, 2025 the best value apartment in the Mattoon area is the $0.41 price per square foot 3 Bedroom Model at The Millennium Apartments in the starting from $505. The second greatest value Mattoon apartment is the 2517 Leeper Dr Model at Southwest Apartments starting at $1,200 with a $1.00 price per square foot . Here is today’s list of the best values for Mattoon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
| Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
| Timber Cove | The Whitehall | 2BR,1BA | $0.98 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.95 |
| 509 Charleston Ave | 2 Bed 1 Bath | 2BR,1BA | $0.91 |
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $0.61 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
| Mounford Terrace | 1 Bedroom 1 Bath | 1BR,1BA | $1.07 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
| Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Mattoon, IL
Mattoon High School
Mattoon Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mattoon, IL Rentals by Map
See the most popular apartments and homes in Mattoon, IL
Getting Around Mattoon, IL
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
50 / 100
Bikeable
Some 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 Mattoon Apartments
How much is rent for a Cheap One Bedroom Mattoon Apartment?
The lowest price for a Cheap One Bedroom Mattoon Apartment is $421 at RESERVE AT LAKEVIEW.
What is the lowest price for a Cheap Two Bedroom Mattoon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mattoon is starting from $507 at RESERVE AT LAKEVIEW.
What is the most affordable Mattoon Three Bedroom Apartment?
The best deal on a cheap Mattoon Three Bedroom Apartment rental is at The Millennium Apartments and starts from $505.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.





