
Cheap Apartments for Rent near Medora, IL from $700 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Medora.


The Residences at Bella Vista

326 E Central St

Crossing at Northpointe Apartments

Godfrey Estates

Broadway Place

Whispering Lake Apartments

Bilava Village

River Chase
Rent According to Income: A Look at Income-Restricted Rentals
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Heatherton Estates

Windham Chase Apartments

Kensington Square Apartments

The Groves Apartments and Townhomes

DES ARBOLES

Spanish Lake Townhomes

Adelyn Place

Veronica Place Active 55+ Community

Surrey Court Apartments
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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.

The Reserve at Spanish Lake

Paddock Village Apartments

ReNew at Alton

Metro Apartments At Bethalto

Metro Apartments at Wood River

Waterford Square

Victorian Village

Lotts Landing Senior Apartments

Emerald Ridge
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.

609 W Mather St

144 Victory Dr

136 Illinois St

306 Lampert St

310 Picker Ave

2412 Henderson St

341 Avalon St

913 Gold St

818 E 5th St
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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.
Medora, IL Local Guide

How much does it cost to rent an apartment in Medora?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medora 1 Bedroom Apartments | $980 | $700 | $2,240 |
| Medora 2 Bedroom Apartments | $1,282 | $752 | $2,839 |
| Medora 3 Bedroom Apartments | $1,586 | $859 | $2,869 |
| Medora 4 Bedroom Apartments | $1,721 | $809 | $3,206 |
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Medora, IL Local Guide
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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. 326 E Central St in the Bethalto neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Medora apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $560 |
| 326 E Central St | 1 bed 1 bath | 1BR, 1BA | $700 |
| Rocwood Apartments | 1BR Units | 1BR, 1BA | $700 |
| Crossing at Northpointe Apartments | 1 BR - 1 BTH | 1BR, 1BA | $725 |
| Broadway Place | Two Bedroom Apartment | 2BR, 1BA | $752 |
| Whispering Lake Apartments | 2BR 1BA GARDEN | 2BR, 1BA | $808 |
| Bilava Village | 1BD/1BA | 1BR, 1BA | $830 |
| Heatherton Estates | 1 Bedroom Garden | 1BR, 1BA | $854 |
| River Chase | Brentwood | 1BR, 1BA | $860 |
| Windham Chase Apartments | 1 BD/1B | 1BR, 1BA | $880 |
Best Value Apartments for Rent in Medora, IL and Nearby
As of September 19, 2026 the best value apartment in the Medora area is the $1.11 price per square foot 3 Bed 1.5 Bath TH Model at Victorian Village in the Paddock Forest neighborhood starting from $1,335. The second greatest value Medora apartment is the MAVERICK Model at Paddock Village Apartments in the Florissant neighborhood starting at $1,340 with a $1.12 price per square foot. Here is today’s list of the best values for Medora apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Victorian Village | 3 Bed 1.5 Bath TH | 3BR, 1.5BA | $1.11 |
| Paddock Village Apartments | MAVERICK | 2BR, 2BA | $1.12 |
| The Residences at Bella Vista | Renovated | 2BR, 2BA | $1.04 |
| Storyboard on Lancashire | Lancashire B1 | 2BR, 1BA | $1.18 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR, 1BA | $1.12 |
| Spanish Lake Townhomes | Luna | 1BR, 1BA | $1.14 |
| Broadway Place | Two Bedroom Apartment | 2BR, 1BA | $1.03 |
| Crossing at Northpointe Apartments | 1 BR - 1 BTH | 1BR, 1BA | $1.08 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $0.87 |
| Rocwood Apartments | 1BR Units | 1BR, 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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Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Medora, IL Rentals by Map
See the most popular apartments and homes in Medora, IL
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.