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Cheap Apartments for Rent in Mattoon, IL from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Mattoon.
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$421 - $1,1701 to 2 Bedroom Apartments Available Now
RESERVE AT LAKEVIEW
1035 S Main StDecatur, IL 62521
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$505 - $1,5153 Bedroom Apartments Available Now
The Millennium Apartments
1305 4th StCharleston, IL 61920
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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$5501 Bedroom Apartments Contact Us For Availability
6th St Apartments
1132-1142 6th StCharleston, IL 61920
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$575 - $1,115Studio to 3 Bedroom Apartments Contact Us For Availability
Moundford Terrace
3710 North COMMUNITY DRDecatur, IL 62526
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$585 - $1,1702 Bedroom Apartments Available Aug 15
Melrose and Brooklyn Heights Apartments
950 4th StCharleston, IL 61920
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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$625 - $8751 to 2 Bedroom Apartments Available Now
Stones Crossing Apartments
1350 E Wellington WayDecatur, IL 62526
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$647 - $1,100Studio to 2 Bedroom Apartments Contact Us For Availability
Woodcrest Apartment Homes
3903 Camelot CircleDecatur, IL 62526
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$660 - $1,006Studio to 2 Bedroom Apartments Available Now
Timber Cove
1707 S Country Club RdDecatur, IL 62521
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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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14 N Central Ave
CaseyIL62420
830 E Rogers Ave
DecaturIL62521
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Mattoon, IL Local Guide
Rows and Trails by H. Michael Miley is licensed under CC BY 2.0
How much does it cost to rent an apartment in Mattoon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mattoon Studio Apartments | $627 | $575 | $660 |
| Mattoon 1 Bedroom Apartments | $1,028 | $500 | $1,744 |
| Mattoon 2 Bedroom Apartments | $1,288 | $585 | $2,500 |
| Mattoon 3 Bedroom Apartments | $1,392 | $675 | $2,150 |
| Mattoon 4 Bedroom Apartments | $1,529 | $1,529 | $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. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. 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 |
| Rider Place | 1 Bedroom | 1BR,1BA | $500 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $505 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
| 1905 12th St | 2BDR | 2BR,1BA | $910 |
Best Value Apartments for Rent in Mattoon, IL and Nearby
As of July 29, 2025 the best value apartment in the Mattoon area is the $1.92 price per square foot 2 Bed Model at The Cottages at Lake Falls in the starting from $2,500. The second greatest value Mattoon apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 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 Cottages at Lake Falls | 2 Bed | 2BR,2BA | $1.92 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
| Southwest Apartments | 2517 Leeper Dr | 2BR,1.5BA | $1.00 |
| Kobuck Apartments | 1202 Wesley Ave 2bd/1ba | 2BR,1BA | $1.29 |
| Panther Heights | 2 Bed 2 Bath | 2BR,2BA | $1.20 |
| Windsor West Apartments | Oxford with Garage | 1BR,1.5BA | $1.80 |
| Park Place | 1639, 3 bed | 3BR,1BA | $1.15 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
| Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
| Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
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Best Local Schools in Mattoon, IL
Mattoon High School
Mattoon Community Unit School District 2
Public School - Grades 9-12 (999)
3 out of 10
Mattoon Middle School
Mattoon Community Unit School District 2
Public School - Grades 6-8 (645)
6 out of 10
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 $630 at Rider Place.
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.
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.
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.
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.
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.