Cheap Apartments for Rent in Mitchell, IL from $500 (26 Rentals)

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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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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.

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Chalet Apartments
2 Bedroom Apartments

Chalet Apartments

2152-2176 Nemnich RdSt. Louis, MO 63136

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.

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Heatherton Estates
1 to 3 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
Corporate Housing
Showing Results 1-26, 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 in the North Riverfront neighborhood priced from $525. Shannon Fox Apartments in the North Point neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $655. Here is today’s list of the most affordable Mitchell apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Trinity Park1 bedroom, 1 bathroom1BR,1BA$525
Shannon Fox ApartmentsOne Bedroom1BR,1BA$655
The Residences at Bella VistaClassic1BR,1BA$700
Rocwood Apartments1BR Units1BR,1BA$700
Rivertrail ApartmentsOne Bedroom Apartment1BR,1BA$700
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$700
Nico Terrace1 Bedroom Garden Apartment1BR,1BA$707
Spanish Lake TownhomesLuna1BR,1BA$750
Villa EstatesOne Bedroom Garden1BR,1BA$755
Jenn StationOne Bedroom1BR,1BA$770

Best Value Apartments for Rent in Mitchell, IL and Nearby

As of January 28, 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 in the North Point 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 starting at $1,455 with a $1.02 price per square foot in the North Riverfront neighborhood. 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$1.02
Parc at 720B12BR,2BA$0.72
Rivers Edge Apartments2 BR Apartment2BR,1BA$1.01
College Hill Apartments2 Bedroom Townhouse2BR,1.5BA$0.93
Paddock Village Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.99
Spanish Lake TownhomesLuna1BR,1BA$0.95
Rivertrail ApartmentsOne Bedroom Apartment1BR,1BA$1.00
Trinity Park1 bedroom, 1 bathroom1BR,1BA$1.05
Shannon Fox ApartmentsOne Bedroom1BR,1BA$1.05

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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The 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.

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Cash 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.

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Quick 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.

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

Explore Mitchell, IL Rentals by Map

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See the most popular apartments and homes in Mitchell, IL

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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.

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.

What is the most affordable Mitchell Three Bedroom Apartment?

The best deal on a cheap Mitchell Three Bedroom Apartment rental is at Spanish Lake Townhomes and starts from $880.

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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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.

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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.

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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.

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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.