
Cheap Apartments for Rent near Michael, IL from $875 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Michael.


1500 N Carolina St

McNair Place Apartments

Sunbrook Apartments

Elm Tree Commons

Surrey Court Apartments

St. Andrews Apartments

Casalon Parkway Apartments
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.

Quail Run Apartments and Townhomes

Peine Lakes

Capital at St. Charles

Westchester Village

Savannah Ridge Apartments

Brookmount Apartments

Ridgewood Village

Vinings of O'Fallon
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.

Vanderbilt Apartments

Turnberry Place Apartments

Boone Street Commons

The Boulders at Moscow Mills

Bold on Blvd

The Jewel O'Fallon

Pure St Peters

Villages at Lake Silvercote
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.

Promenade at New Town

Reserve at Spencer

Total Monthly Price
Station at St Peters

Timber Club

5300 Centre

Aventura at Richmond

Meadowood Estates II Senior 55+

940 W Delmar Ave
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.

119 N 1st St

609 W Mather St

The Tide

406 S 3rd St

Fox Hill

Bramblett Hills

1066 St Matthew Ave

19 Fair Ct
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.

1152 St Matthew Ave
Michael, IL Local Guide

How much does it cost to rent an apartment in Michael?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Michael Studio Apartments | $1,044 | $929 | $1,375 |
| Michael 1 Bedroom Apartments | $1,449 | $875 | $2,317 |
| Michael 2 Bedroom Apartments | $1,753 | $875 | $3,271 |
| Michael 3 Bedroom Apartments | $1,673 | $900 | $2,100 |
Browse Top Apartments in Michael
See all Apartments in MichaelExplore Michael
Michael, IL Local Guide
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Cheapest Available Michael Apartments for Rent and Nearby
 The cheapest available apartment rental in Michael, IL is a 1 Bed unit found at Creekside Apartments in the Brighton Park neighborhood priced from $875. Surrey Court Apartments in the Godfrey neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $970. Here is today’s list of the most affordable Michael apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Creekside Apartments | One Bedroom | 1BR, 1BA | $875 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR, 1BA | $970 |
| St. Andrews Apartments | 2 Bedroom Garden | 2BR, 1BA | $1,111 |
| Savannah Ridge Apartments | 1 Bedroom Garden | 1BR, 1BA | $1,133 |
| Sunbrook Apartments | Ashleigh Premium | 1BR, 1BA | $1,136 |
| Casalon Parkway Apartments | 2 Bedroom / Phase 3 | 2BR, 1BA | $1,160 |
| Ridgewood Village | 1A | 1BR, 1BA | $1,220 |
| Capital at St. Charles | The Bonelli | 2BR, 1BA | $1,263 |
| Turnberry Place Apartments | 1BR/1BA | 1BR, 1BA | $1,273 |
| Boone Street Commons | 2nd Floor 2x2 RIC | 2BR, 2BA | $1,275 |
Best Value Apartments for Rent in Michael, IL and Nearby
As of September 18, 2026 the best value apartment in the Michael area is the $1.40 price per square foot 2 Bed 2 Bath Model at Villages at Lake Silvercote in the Wentzville neighborhood starting from $1,750. The second greatest value Michael apartment is the Pearl Model at The Jewel O'Fallon in the Whispering Woods neighborhood starting at $1,916 with a $1.56 price per square foot. Here is today’s list of the best values for Michael apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villages at Lake Silvercote | 2 Bed 2 Bath | 2BR, 2BA | $1.40 |
| The Jewel O'Fallon | Pearl | 3BR, 2BA | $1.56 |
| Pure St Peters | The Emerald | 2BR, 2BA | $1.54 |
| Peine Lakes | The Bryant | 2BR, 2BA | $1.43 |
| Boone Street Commons | 2nd Floor 2x2 RIC | 2BR, 2BA | $1.25 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR, 1BA | $1.12 |
| Casalon Parkway Apartments | 2 Bedroom / Phase 3 | 2BR, 1BA | $1.35 |
| Turnberry Place Apartments | 1BR/1BA | 1BR, 1BA | $1.53 |
| St. Andrews Apartments | 2 Bedroom Garden | 2BR, 1BA | $1.42 |
| Creekside Apartments | One Bedroom | 1BR, 1BA | $1.29 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Michael, IL Rentals by Map
See the most popular apartments and homes in Michael, IL
Frequently Asked Questions about Cheap Michael Apartments
How much is rent for a Cheap One Bedroom Michael Apartment?
The lowest price for a Cheap One Bedroom Michael Apartment is $875 at Creekside Apartments.
What is the lowest price for a Cheap Two Bedroom Michael Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Michael is starting from $950 at Creekside Apartments.
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.