Cheap Apartments for Rent near Mounds, IL from $400 (43 Rentals)

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

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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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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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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710 W Mill St
2 Bedroom Apartments

710 W Mill St

710 W Mill StCarbondale, IL 62901
Student Housing
  • Smoke Free

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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Riverstone Apartments
1 to 3 Bedroom Apartments

Riverstone Apartments

430 Adams StPaducah, KY 42003
Corporate Housing
  • Utilities Included
Showing Results 1-43, Page 1 of 1

Mounds, IL Local Guide

Cheapest Available Mounds Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mounds, IL is a Studio unit found at Saluki Apartments priced from $460. THE QUADS APARTMENTS has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Mounds apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Saluki ApartmentsStudioStudio,1BA$460
THE QUADS APARTMENTS0BR/1.0BAStudio,1BA$500
Schilling Property Management1 Bed, 1 bath1BR,1BA$600
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$655
Mora Mi ApartmentsAmazing 1 Beds | 1 Baths | 717 Square Ft. apts ...1BR,1BA$660
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$735
Jackson House1 Bedroom - Jackson House1BR,1BA$781
The District at CapeElmwood1BR,1BA$849
Riviera Apartments1 Bed1BR,1BA$850
ASHBURN COURT APARTMENTS2BR/1.0BA2BR,1BA$850

Best Value Apartments for Rent in Mounds, IL and Nearby

As of August 07, 2026 the best value apartment in the Mounds area is the $1.09 price per square foot Hadley Model at Westcreek Villas in the starting from $1,299. The second greatest value Mounds apartment is the 3 Bedrooms Model at Grand Place Apartments starting at $1,185 with a $1.08 price per square foot . Here is today’s list of the best values for Mounds apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Westcreek VillasHadley2BR,2BA$1.09
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
THE QUADS APARTMENTS3BR/1.0BA3BR,1BA$0.77
The Reserve at Saluki Pointe2X2 By the bed2BR,2BA$0.71
900 on ParkTwo Bedroom Furnished2BR,2BA$0.82
Southside Square Apartments - NOW LEASINGTwo Bedroom2BR,2BA$1.27
Mora Mi ApartmentsAmazing 1 Beds | 1 Baths | 717 Square Ft. apts ...1BR,1BA$0.92
Schilling Property Management1 Bed, 1 bath1BR,1BA$0.86
Riviera Apartments1 Bed1BR,1BA$1.31
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$1.20

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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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 Mounds, IL Rentals by Map

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See the most popular apartments and homes in Mounds, IL

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Frequently Asked Questions about Cheap Mounds Apartments

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

The lowest price for a Cheap One Bedroom Mounds Apartment is $600 at Schilling Property Management.

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

Today's best deal for a Cheap Two Bedroom Apartment in Mounds is starting from $700 at Schilling Property Management.

What is the most affordable Mounds Three Bedroom Apartment?

The best deal on a cheap Mounds Three Bedroom Apartment rental is at THE QUADS APARTMENTS and starts from $800.

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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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.