Cheap Apartments for Rent in Mitchell, IL from $625 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mitchell.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Trinity Park (NEW)
1 to 2 Bedroom Apartments

Trinity Park (NEW)

11043 Mollerus DrSt. Louis, MO 63138
Senior Living
  • Utilities Included
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Edison Ave. Lofts
1 to 2 Bedroom Apartments

Edison Ave. Lofts

2001 Edison AveGranite City, IL 62040

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Emerald Ridge
2 to 4 Bedroom Apartments

Emerald Ridge

615 3rd StEast Alton, IL 62024
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Shannon Fox Apartments
1 to 2 Bedroom Apartments

Shannon Fox Apartments

8850 Shannon Fox CirSt. Louis, MO 63136
  • Utilities Included
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Chalet Apartments
2 Bedroom Apartments

Chalet Apartments

2152-2176 Nemnich RdSt. Louis, MO 63136

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.

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Showing Results 1-38, Page 1 of 1

Mitchell, IL Local Guide

Cheapest Available Mitchell Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mitchell, IL is a 1 Bed unit found at Trinity Park (NEW) in the North Riverfront neighborhood priced from $525. Rocwood Apartments in the Wood River neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Mitchell apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Trinity Park (NEW)1 bedroom, 1 bathroom1BR, 1BA$525
Rocwood Apartments1BR Units1BR, 1BA$700
Nico Terrace1 Bedroom Garden Apartment1BR, 1BA$704
Broadway PlaceTwo Bedroom Apartment2BR, 1BA$752
Cedar Point ApartmentsStudioStudio, 1BA$775
The Residences at Bella VistaClassic1BR, 1BA$775
River Pointe Apartments1 Bed / 1 Bath1BR, 1BA$800
The Georgetown Apartments1 BEDROOM1BR, 1BA$825
Rivertrail Apartments1bd CR1BR, 1BA$825
Bilava Village1BD/1BA1BR, 1BA$830

Best Value Apartments for Rent in Mitchell, IL and Nearby

As of September 16, 2026 the best value apartment in the Mitchell area is the $0.66 price per square foot 2BR/1.5BA Model at Woodknoll Townhomes in the Florissant neighborhood starting from $1,050. The second greatest value Mitchell apartment is the 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes in the North Riverfront neighborhood starting at $1,255 with a $0.88 price per square foot. Here is today’s list of the best values for Mitchell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodknoll Townhomes2BR/1.5BA2BR, 1.5BA$0.66
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR, 1.5BA$0.88
Parc at 720D14BR, 4BA$0.65
College Hill Apartments2 Bedroom2BR, 1.5BA$0.95
Victorian Village2 Bed 1.5 Bath2BR, 1.5BA$1.10
Paddock Village ApartmentsACE2BR, 1BA$1.12
Broadway PlaceTwo Bedroom Apartment2BR, 1BA$1.03
The Residences at Bella VistaClassic1BR, 1BA$1.09
Trinity Park (NEW)1 bedroom, 1 bathroom1BR, 1BA$1.05
Rocwood Apartments1BR Units1BR, 1BA$1.13

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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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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

Explore Mitchell, IL Rentals by Map

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Frequently Asked Questions about Cheap Mitchell Apartments

How much is rent for a Cheap One Bedroom Mitchell Apartment?

The lowest price for a Cheap One Bedroom Mitchell Apartment is $525 at Trinity Park (NEW).

What is the lowest price for a Cheap Two Bedroom Mitchell Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mitchell is starting from $625 at Trinity Park (NEW).

What is the most affordable Mitchell Three Bedroom Apartment?

The best deal on a cheap Mitchell Three Bedroom Apartment rental is at Broadway Place and starts from $859.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.