Cheap Apartments for Rent in Mattoon, WI from $500 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Mattoon, WI Local Guide

Cheapest Available Mattoon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mattoon, WI is a 2 Beds unit found at Elementary School Apartments priced from $516. Pioneer Village Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Mattoon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elementary School Apartments2B302BR,1BA$516
Pioneer Village ApartmentsStudio Pioneer Village ComplexStudio,1BA$550
Riverview Towers and Riverview TerraceRiverview Terrace 1 Bedroom 1 Bath1BR,1BA$618
Wausau Columns Apartments1 Bedroom1BR,1BA$720
Island Place Apartments - On the River1 Bedroom 1 Bath1BR,1BA$845
Ross Avenue ApartmentsOne Bed1BR,1BA$875
Natures Way Estates1 bedroom1BR,1BA$895
Park Ridge2 bedroom 1 bath2BR,1BA$900
Weston Pines Apartments2 Bedroom Upper 60%2BR,1BA$945
Oak Ridge ApartmentsTwo Bedroom2BR,1BA$950

Best Value Apartments for Rent in Mattoon, WI and Nearby

As of October 14, 2025 the best value apartment in the Mattoon area is the $0.65 price per square foot 3B50-TH Model at Historic Lincoln School in the starting from $964. The second greatest value Mattoon apartment is the 3 Bed 1.5 Bath Upper Model at Grand Avenue Luxury Apartment Homes starting at $1,319 with a $1.01 price per square foot in the Downtown Wausau neighborhood. Here is today’s list of the best values for Mattoon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Historic Lincoln School3B50-TH3BR,2.5BA$0.65
Grand Avenue Luxury Apartment Homes3 Bed 1.5 Bath Upper3BR,1.5BA$1.01
Towering Pines2BD2BA-L2BR,2BA$1.21
Park Ridge2 bed upgrade2BR,1BA$0.90
Metro Center Apartments2 Bed 1 Bath upper2BR,1BA$1.12
Natures Way Estates1 bedroom1BR,1BA$1.08
Oak Ridge ApartmentsTwo Bedroom2BR,1BA$1.15
Elementary School Apartments2B503BR,2BA$1.23
Ross Avenue ApartmentsOne Bed1BR,1BA$1.18
Pioneer Village ApartmentsStudio Pioneer Village ComplexStudio ,1BA$1.21

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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

Explore Mattoon, WI Rentals by Map

View Map
Mattoon, WI Apartments Map
View Map
Mattoon, WI Rental Homes Map

Getting Around Mattoon, WI

Walk Score®

17 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Mattoon Apartments

What is the Cheapest Studio apartment in Mattoon?

Currently the most affordable Cheap Studio Apartment in Mattoon is at Pioneer Village Apartments listed at $550.

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

The lowest price for a Cheap One Bedroom Mattoon Apartment is $618 at Riverview Towers and Riverview Terrace.

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 $516 at Elementary School Apartments.

What is the most affordable Mattoon Three Bedroom Apartment?

The best deal on a cheap Mattoon Three Bedroom Apartment rental is at Historic Lincoln School and starts from $964.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.