Cheap Homes for Rent in Mill Shoals, IL from $300 (20 Rentals)

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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.

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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.

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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.

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Mill Shoals, IL Local Guide

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 Fairway Plaza in the Business 41 neighborhood priced from $615. SPRING VALLEY FLATS in the Oakhill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Mill Shoals apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fairway Plaza1 Bedroom1BR,1BA$615
SPRING VALLEY FLATSThe Redbud1BR,1BA$695
Foxfire West Apartments1 Bedroom 1 Bath1BR,1BA$785
North ParkHarrington2BR,1BA$799
The Forge on MainStudio AStudio,1BA$800

Best Value Apartments for Rent in Mill Shoals, IL and Nearby

As of October 14, 2025 the best value apartment in the Mill Shoals area is the $1.04 price per square foot 3BR Villa Model at Circle Point Villas in the starting from $1,595. The second greatest value Mill Shoals apartment is the 2BR/2.0BA Model at Apartments@41 starting at $1,350 with a $1.11 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Circle Point Villas3BR Villa3BR,2BA$1.04
Apartments@412BR/2.0BA2BR,2BA$1.11
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.50
The Rathbone Apartments2 Bedroom Unfurnished2BR,1BA$1.07
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.08
North ParkBerkshire2BR,1.5BA$1.12
Colonial Manor Apartments2x1 R2BR,1BA$1.09
Mission Viejo VillasB- Barcelona1BR,1BA$1.13
Century Estates2 Beds, 1 bath2BR,1BA$1.11
Fairway Plaza1 Bedroom1BR,1BA$0.88

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mill Shoals, IL Rentals by Map

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Frequently Asked Questions about Mill Shoals

What type of rentals are currently available in Mill Shoals?

There are currently 49 Apartments for Rent in Mill Shoals, IL with pricing that ranges from $580 to $4,399. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mill Shoals ranging from $364 to $2,550.

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 $2,550 with an average monthly rent of $1,238.

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 $1,595, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,400. Four Bedroom Single-Family rentals are also available starting from $995 and Four Bedroom Apartments start at $580.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.