
Cheap Homes for Rent in Mill Shoals, IL from $300 (29 Rentals)
Search the lowest-cost Homes available for rent right now in Mill Shoals.


403 S Victor St

802 S Emma St

815 SE 6th St

1231 Culver Ave

1012 Mary St

213 E Oregon 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.

210 Conger Ave

510 Ellen Dr

272 S Shannon St

812 Negley Ave

1514 W Missouri St

1638 Speaker Rd

640 Jefferson Ave
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.

909 N 5th Ave

1419 SE 2nd St

6501 Uebelhack Rd

528 N Main St

306 S Elm Ave

1626 Speaker Rd

1608 Fountain Ave
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.

1330 SE 2nd St

3036 W Maryland St

1425 E Uhlhorn St

202 Herndon Dr

701 Court St

1513 SE Riverside Dr

905 Lincoln Ave
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.

1404 Delmar Ave
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 | $797 | $290 | $1,200 |
| Mill Shoals 3 Bedroom Homes for Rent | $1,199 | $390 | $2,500 |
Browse Top Homes for Rent in Mill Shoals
Explore Mill Shoals
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. 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 |
| Lakewood Flats and Townhomes | 1sm wd | 1BR,1BA | $765 |
| The Timbers Apartments | The Oak 1 BR 1 BA | 1BR,1BA | $772 |
| The Rathbone Apartments | 1bed, 1 bath | 1BR,1BA | $795 |
| Foxfire West Apartments | 1.1 NS | 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 |
| Bradford Pointe Apartments | INBFP 2x1 675sqft - Classic | 2BR,1BA | $805 |
Best Value Apartments for Rent in Mill Shoals, IL and Nearby
As of April 13, 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 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 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mill Shoals ranging from $290 to $2,500.
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 $290 to $2,500 with an average monthly rent of $981.
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.