Cheap Apartments for Rent near Medora, IL from $500 (47 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 208 S 9th St

$715

1 Bedroom Rentals

Available Now

208 S 9th St

Wood RiverIL62095

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Heatherton Estates
1 to 3 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
Corporate Housing

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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Medora, IL Local Guide

Cheapest Available Medora Apartments for Rent and Nearby

 

The cheapest available apartment rental in Medora, IL is a 1 Bed unit found at Lotts Landing Senior Apartments in the Macoupin County neighborhood priced from $560. Crossing at Northpointe Apartments in the Weatherby Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Medora apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$560
Crossing at Northpointe Apartments1 Bed 1 Bath1BR,1BA$675
Bilava Village1BD/1BA1BR,1BA$675
Rocwood Apartments1BR Units1BR,1BA$700
326 E Central St1 bed 1 bath1BR,1BA$700
Broadway PlaceTwo Bedroom Apartment2BR,1BA$752
The Residences at Bella VistaClassic1BR,1BA$775
Whispering Lake Apartments2BR 1BA GARDEN2BR,1BA$814
River ChaseManchester1BR,1BA$840
Windham Chase Apartments1 BD/1B1BR,1BA$880

Best Value Apartments for Rent in Medora, IL and Nearby

As of August 05, 2026 the best value apartment in the Medora area is the $1.18 price per square foot Lancashire B1 Model at Storyboard on Lancashire in the in the Edwardsville neighborhood starting from $1,250. The second greatest value Medora apartment is the 3 Bed 2 Bath Model at Crossing at Northpointe Apartments starting at $1,025 with a $1.06 price per square foot in the Weatherby Place neighborhood. Here is today’s list of the best values for Medora apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Storyboard on LancashireLancashire B12BR,1BA$1.18
Crossing at Northpointe Apartments3 Bed 2 Bath3BR,2BA$1.06
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.12
Whispering Lake Apartments2BR 1BA GARDEN2BR,1BA$0.96
The Reserve at Spanish Lake2 Bedroom2BR,1BA$1.22
Spanish Lake TownhomesLuna1BR,1BA$1.14
Broadway PlaceTwo Bedroom Apartment2BR,1BA$1.03
The Residences at Bella VistaClassic1BR,1BA$1.09
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$0.87
Rocwood Apartments1BR Units1BR,1BA$1.13

Don'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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

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Frequently Asked Questions about Cheap Medora Apartments

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

The lowest price for a Cheap One Bedroom Medora Apartment is $560 at Lotts Landing Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Medora Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Medora is starting from $752 at Broadway Place.

What is the most affordable Medora Three Bedroom Apartment?

The best deal on a cheap Medora Three Bedroom Apartment rental is at Broadway Place and starts from $859.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.