
Cheap Homes for Rent in Mill Shoals, IL from $300 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Mill Shoals.


212 E Lincoln St

1616 Speaker Rd

1014 Mary St

6515 Uebelhack Rd

2724 Stringtown Rd
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.

404 N Carroll St

208 E Maryland St

310 E Florida St

1112 W Tennessee St

614 5th St

4624 New Harmony 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.

813 N Main St

605 W Michigan St

600 E Jefferson Ave

1306 Davis Ave

510 W 5th St

4209 Keener Dr
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.
Mill Shoals, IL Local Guide

How much does it cost to rent a home in Mill Shoals?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mill Shoals 2 Bedroom Homes for Rent | $789 | $364 | $1,250 |
| Mill Shoals 3 Bedroom Homes for Rent | $1,222 | $875 | $1,750 |
| Mill Shoals 4 Bedroom Homes for Rent | $1,445 | $1,445 | $1,445 |
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Mill Shoals, IL Local Guide
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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 |
| Lakewood Flats and Townhomes | 2 small wd | 2BR,1BA | $670 |
| Valoré at Hidden Hills | The Pine - One Bedroom Apartment Home | 1BR,1BA | $725 |
| Southern Meadows Senior Living | 1 Bed Villa | 1BR,1BA | $795 |
Best Value Apartments for Rent in Mill Shoals, IL and Nearby
As of January 12, 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!
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Frequently Asked Questions about Mill Shoals
What type of rentals are currently available in Mill Shoals?
There are currently 50 Apartments for Rent in Mill Shoals, IL with pricing that ranges from $580 to $4,449. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mill Shoals ranging from $364 to $1,750.
What is the current price range for Rental Homes in Mill Shoals?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mill Shoals ranges from $364 to $1,750 with an average monthly rent of $1,039.
How much are larger Three and Four Bedroom Rentals in Mill Shoals?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mill Shoals range from $950 to $1,694, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $1,750. Four Bedroom Single-Family rentals are also available starting from $1,445 and Four Bedroom Apartments start at $580.
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!