Cheap Apartments for Rent in Mounds, IL from $300 (25 Rentals)

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

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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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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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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Showing Results 1-25, 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 3 Beds unit found at The District at Cape priced from $361. The Quadrangle Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Mounds apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The District at CapeRedHawk3BR,1BA$361
The Quadrangle Apartments0BR/1.0BAStudio,1BA$450
Come Enjoy Ashburn Court Apartments0BR/1.0BAStudio,1BA$450
Schilling Property Management1 Bed, 1 bath1BR,1BA$550
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$580

Best Value Apartments for Rent in Mounds, IL and Nearby

As of July 25, 2025 the best value apartment in the Mounds area is the $0.45 price per square foot Three Bedroom (1.5 or 2.5 bath) Model at Alpha Property Management (Alpha Rentals) in the starting from $995. 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.
Alpha Property Management (Alpha Rentals)Three Bedroom (1.5 or 2.5 bath)3BR,2BA$0.45
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
Westcreek VillasMontage2BR,1BA$1.29
Newly Renovated 2 Bedrooms!2BR/1.0BA2BR,1BA$1.05
Schilling Property Management1 Bed, 1 bath1BR,1BA$0.79
University Village - Carbondale, IL1 Bedroom 1 Bath1BR,1BA$1.32
The District at CapeChestnut UPG1BR,1BA$1.32
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$1.14
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$1.29
Ambassador Studio ApartmentsStudioStudio ,1BA$1.33

Quick Rent Budget Calculator

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

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Getting Around Mounds, IL

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

21 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $550 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 $390 at The District at Cape.

What is the most affordable Mounds Three Bedroom Apartment?

The best deal on a cheap Mounds Three Bedroom Apartment rental is at The District at Cape and starts from $361.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.