
Cheap Apartments for Rent in Mill Shoals, IL from $300 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in Mill Shoals.


Western Hills Apartments

Anchor Court

Valoré at Hidden Hills

Fairway Plaza

Southern Meadows Senior Living

Lakewood Flats and Townhomes

The Timbers Apartments

Market Street Apartments

Foxfire West Apartments
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.

Woodbridge Place

TERRA TRACE

Elmdale Apartments

Bradford Pointe Apartments

North Park

Century Estates

Shawnee Village

The Evansville Lofts

Chesterfield Village

Mission Viejo Villas
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.

Copper Creek Townhomes

Central Lofts

Leisure Living Lakeside

Colonial Manor Apartments

212 E Lincoln St

Indian Trail Apartments

403 S Victor St

802 S Emma St

815 SE 6th St

1900 N Willow Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1231 Culver Ave

1012 Mary St

210 Conger Ave

Maple Valley Townhomes

272 S Shannon St

610 N Main St

Donaldson Arms

812 Negley Ave

Valore at Pine Hills

The Rathbone Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1638 Speaker Rd

640 Jefferson Ave

909 N 5th Ave

6501 Uebelhack Rd

1419 SE 2nd St

306 S Elm Ave

528 N Main St

1608 Fountain Ave

1330 SE 2nd St

3036 W Maryland St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Mill Shoals, IL Local Guide

How much does it cost to rent an apartment in Mill Shoals?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mill Shoals Studio Apartments | $1,690 | $795 | $2,350 |
| Mill Shoals 1 Bedroom Apartments | $1,026 | $599 | $3,420 |
| Mill Shoals 2 Bedroom Apartments | $1,260 | $740 | $4,449 |
| Mill Shoals 3 Bedroom Apartments | $1,464 | $1,249 | $1,720 |
| Mill Shoals 4 Bedroom Apartments | $590 | $580 | $600 |
Browse Top Apartments in Mill Shoals
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Mill Shoals, IL Local Guide
- Nearby Cities
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Cheapest Available Mill Shoals Apartments for Rent and Nearby
 The cheapest available apartment rental in Mill Shoals, IL is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Valoré at Hidden Hills in the Outer Central North 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 Mill Shoals apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SPRING VALLEY FLATS | The Redbud | 1BR,1BA | $599 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Southern Meadows Senior Living | 1 Bed Apt | 1BR,1BA | $750 |
| Lakewood Flats and Townhomes | 1sm wd | 1BR,1BA | $765 |
| The Timbers Apartments | The Oak 1 BR 1 BA | 1BR,1BA | $777 |
| Foxfire West Apartments | 1.1 NS | 1BR,1BA | $795 |
| The Rathbone Apartments | 1bed, 1 bath | 1BR,1BA | $795 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $799 |
| Woodbridge Place | The Dogwood | 1BR,1BA | $799 |
| Elmdale Apartments | 1 bed 1 bath | 1BR,1BA | $800 |
Best Value Apartments for Rent in Mill Shoals, IL and Nearby
As of April 14, 2026 the best value apartment in the Mill Shoals area is the $1.16 price per square foot 2BR/2.0BA Model at Apartments@41 in the in the Business 41 neighborhood starting from $1,500. The second greatest value Mill Shoals apartment is the 4BR/2BA - Furnished Model at Eagle Village - Historical Access starting at $565 with a $0.47 price per square foot in the Evansville West Side neighborhood. Here is today’s list of the best values for Mill Shoals apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Apartments@41 | 2BR/2.0BA | 2BR,2BA | $1.16 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Baldwin Heights | 2 Bedroom | 2BR,1BA | $1.18 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $1.15 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $1.23 |
| North Park | McCallister | 1BR,1BA | $1.10 |
| Woodbridge Place | The Flowering Pink Dogwood | 1BR,1BA | $1.21 |
| Foxfire West Apartments | 1.1 NS | 1BR,1BA | $1.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 Mill Shoals, IL Rentals by Map
See the most popular apartments and homes in Mill Shoals, IL
Frequently Asked Questions about Cheap Mill Shoals Apartments
What is the Cheapest Studio apartment in Mill Shoals?
Currently the most affordable Cheap Studio Apartment in Mill Shoals is at Chesterfield Village listed at $939.
How much is rent for a Cheap One Bedroom Mill Shoals Apartment?
The lowest price for a Cheap One Bedroom Mill Shoals Apartment is $599 at SPRING VALLEY FLATS.
What is the lowest price for a Cheap Two Bedroom Mill Shoals Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mill Shoals is starting from $805 at Bradford Pointe Apartments.
What is the most affordable Mill Shoals Three Bedroom Apartment?
The best deal on a cheap Mill Shoals Three Bedroom Apartment rental is at Shawnee Village and starts from $1,270.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.