
Cheap Apartments for Rent in Mill Shoals, IL from $300 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Mill Shoals.


Fairway Plaza

Western Hills Apartments

Southern Meadows Senior Living

Valoré at Hidden Hills

Lakewood Flats and Townhomes

The Timbers Apartments

The Forge on Main

TERRA TRACE
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.

North Park

Century Estates

Shawnee Village

Market Street Apartments

Foxfire West Apartments

Chesterfield Village

Woodbridge Place

4209 Keener Dr

Bradford Pointe Apartments
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.

Central Lofts

Mission Viejo Villas

Copper Creek Townhomes

Leisure Living Lakeside

Colonial Manor Apartments

City Pointe

Indian Trail Apartments

909 Fairland St

212 E Lincoln St
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.

1900 N Willow Rd

1616 Speaker Rd

1014 Mary St

6515 Uebelhack Rd

Maple Valley Townhomes

Anchor Court Apartments

Donaldson Arms

2724 Stringtown Rd

404 N Carroll 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.

208 E Maryland St

Valore at Pine Hills

310 E Florida St

Elmdale Apartments

614 5th St

4624 New Harmony Rd

813 N Main St

605 W Michigan St

600 E Jefferson Ave
Navigating 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.

1306 Davis Ave

510 W 5th St

1404 Delmar Ave
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 | $1,458 | $625 | $1,999 |
| Mill Shoals 1 Bedroom Apartments | $1,079 | $599 | $3,240 |
| Mill Shoals 2 Bedroom Apartments | $1,276 | $715 | $4,449 |
| Mill Shoals 3 Bedroom Apartments | $1,446 | $950 | $1,694 |
| 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. Fairway Plaza in the Business 41 neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $615. 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 |
| Fairway Plaza | 1 Bedroom | 1BR,1BA | $615 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $650 |
| Lakewood Flats and Townhomes | 2 small wd | 2BR,1BA | $670 |
| Southern Meadows Senior Living | 1 Bed Villa | 1BR,1BA | $795 |
| The Forge on Main | Studio A | Studio,1BA | $800 |
| North Park | McCallister | 1BR,1BA | $825 |
| TERRA TRACE | The Dogwood | 1BR,1BA | $849 |
| Century Estates | 2 Beds, 1 bath | 2BR,1BA | $850 |
| Shawnee Village | 1 BR /1 BA | 1BR,1BA | $853 |
Best Value Apartments for Rent in Mill Shoals, IL and Nearby
As of January 14, 2026 the best value apartment in the Mill Shoals area is the $1.05 price per square foot 3BR Villa Model at Circle Point Villas in the starting from $1,615. The second greatest value Mill Shoals apartment is the 3BR/2.0BA Model at Apartments@41 starting at $1,450 with a $1.19 price per square foot in the Business 41 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. |
|---|---|---|---|
| Circle Point Villas | 3BR Villa | 3BR,2BA | $1.05 |
| Apartments@41 | 3BR/2.0BA | 3BR,2BA | $1.19 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.16 |
| Foxfire West Apartments | 2.1f NS | 2BR,1BA | $1.15 |
| Century Estates | 2 Beds, 1 bath | 2BR,1BA | $1.11 |
| North Park | McCallister | 1BR,1BA | $1.10 |
| Fairway Plaza | 1 Bedroom | 1BR,1BA | $0.88 |
| Southern Meadows Senior Living | 1 Bed Villa | 1BR,1BA | $1.16 |
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 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 The Forge on Main listed at $800.
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 $670 at Lakewood Flats and Townhomes.
What is the most affordable Mill Shoals Three Bedroom Apartment?
The best deal on a cheap Mill Shoals Three Bedroom Apartment rental is at Century Estates and starts from $950.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!