
Cheap Apartments for Rent in Metropolis, IL from $400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Metropolis.


Meadow Ridge Townhomes

Storyboard at SIU

Cornerstone Place

Campus Edge

The Metropolitan

THE QUADS APARTMENTS

Alpha Property Management (Alpha Rentals)

Schilling Property Management
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.

University Mall and Walnut Street Apartments

ASHBURN COURT APARTMENTS

Bee Creek Crossing (Senior Apartments 55+)

Saint Germain Square

Mora Mi Apartments

Saluki Apartments

Brookside Apartments

Jackson House

Commonwealth Court Apartments
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.

The Hill Apartments

Pine Shores Rentals

Wedgewood Hills

G&R Rentals

921 E Grand Ave

Newly Renovated 2 Bedrooms!

Aspen Court Apartments

Riviera Apartments

Southside Square Apartments - NOW LEASING
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.

Lone Oak Villas

Home Rentals Corporation

218 Illinois St

413 W Main St

411 W Commercial St

223 Clara St

709 S Poplar St

317 E Mill St

500 E College St
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.

Mountain Valley Properties -Marion

513 S Ash St

500 S Washington St
Metropolis, IL Local Guide

How much does it cost to rent an apartment in Metropolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Metropolis Studio Apartments | $562 | $450 | $1,514 |
| Metropolis 1 Bedroom Apartments | $992 | $525 | $2,900 |
| Metropolis 2 Bedroom Apartments | $1,227 | $625 | $3,600 |
| Metropolis 3 Bedroom Apartments | $1,071 | $650 | $1,635 |
| Metropolis 4 Bedroom Apartments | $1,241 | $295 | $2,080 |
Browse Top Apartments in Metropolis
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Metropolis, IL Local Guide
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Cheapest Available Metropolis Apartments for Rent and Nearby
 The cheapest available apartment rental in Metropolis, IL is a Studio unit found at The Metropolitan priced from $495. THE QUADS APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Metropolis apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Metropolitan | Metropolis Efficiency | Studio,1BA | $495 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $500 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Bee Creek Crossing (Senior Apartments 55+) | 1 Bed / 1 Bath | 1BR,1BA | $650 |
| ASHBURN COURT APARTMENTS | 1BR/1.0BA | 1BR,1BA | $650 |
| Mora Mi Apartments | Amazing 1 Beds | 1 Baths | 717 Square Ft. apts ... | 1BR,1BA | $660 |
| Commonwealth Court Apartments | 1 BR | 1BR,1BA | $705 |
| Jackson House | 1 Bedroom - Jackson House | 1BR,1BA | $781 |
| Riviera Apartments | 1 Bed | 1BR,1BA | $850 |
Best Value Apartments for Rent in Metropolis, IL and Nearby
As of July 29, 2026 the best value apartment in the Metropolis area is the $1.06 price per square foot 2 Bedroom | 2 Bath Model at The Lory of Greenway Village in the starting from $1,325. The second greatest value Metropolis apartment is the 3 Bedrooms Model at Grand Place Apartments starting at $1,185 with a $1.08 price per square foot . Here is today’s list of the best values for Metropolis apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Lory of Greenway Village | 2 Bedroom | 2 Bath | 2BR,2BA | $1.06 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| The Reserve at Saluki Pointe | 2X2 By the bed | 2BR,2BA | $0.71 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| The Hill Apartments | The Hill 2 Bed 2 Bath | 2BR,2BA | $1.17 |
| Mora Mi Apartments | Amazing 1 Beds | 1 Baths | 717 Square Ft. apts ... | 1BR,1BA | $0.92 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| Bee Creek Crossing (Senior Apartments 55+) | 1 Bed / 1 Bath | 1BR,1BA | $0.96 |
| Commonwealth Court Apartments | 1 BR | 1BR,1BA | $1.07 |
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.
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 Metropolis, IL Rentals by Map
See the most popular apartments and homes in Metropolis, IL
Frequently Asked Questions about Cheap Metropolis Apartments
How much is rent for a Cheap One Bedroom Metropolis Apartment?
The lowest price for a Cheap One Bedroom Metropolis Apartment is $600 at Schilling Property Management.
What is the lowest price for a Cheap Two Bedroom Metropolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Metropolis is starting from $700 at Schilling Property Management.
What is the most affordable Metropolis Three Bedroom Apartment?
The best deal on a cheap Metropolis Three Bedroom Apartment rental is at THE QUADS APARTMENTS and starts from $800.
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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.