
Cheap Apartments for Rent in Mount Auburn, IL from $400 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Auburn.


Roosevelt School Apartments

Country Place-Moweaqua I & ll

Watch Street

Stones Crossing Apartments

Whispering Pines Apartments

The Quarry Apartments

Woodcrest Apartment Homes

Denison Place
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.

Hunter Glen Apartments

Oakwood Estates

Timber Cove

Cobblestone Apartments

Meadow View Landing

Lake Pointe Apartments

Bristol Gardens

Pine Ridge Apartments

Ravenwood Townhomes
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.

Capitol Plaza Apartments

2474 N Florian

The Boulevard Townhomes

Huntington Ridge Apartments

3TEN Apartments

Smart Choice Park

Safe Harbor Properties

West Mound Apartments

Hickory Point Apartments
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.

Orchard Park

The District Apartments

The Hickox Collection

759 E Lawrence St

3500 N Dirksen Pkwy

The Apartments at Liberty Rose

830 E Rogers Ave

913 N Taylorville Blvd

615 Harper Ave
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.

1363 E Johns Ave

Butler Place

Pine Woods Apartments

1609 E Johns Ave

18 East Dr

1274 W Green St

117 S Elder Ln

111 S Elder Ln

249 N 17th St
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.
Mount Auburn, IL Local Guide

How much does it cost to rent an apartment in Mount Auburn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mount Auburn Studio Apartments | $775 | $502 | $1,900 |
| Mount Auburn 1 Bedroom Apartments | $904 | $421 | $2,400 |
| Mount Auburn 2 Bedroom Apartments | $1,077 | $527 | $3,400 |
| Mount Auburn 3 Bedroom Apartments | $1,369 | $641 | $2,120 |
Browse Top Apartments in Mount Auburn
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Mount Auburn, IL Local Guide
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Cheapest Available Mount Auburn Apartments for Rent and Nearby
 The cheapest available apartment rental in Mount Auburn, IL is a 1 Bed unit found at Country Place-Moweaqua I & ll priced from $497. Roosevelt School Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $502. Here is today’s list of the most affordable Mount Auburn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $507 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
| Timber Cove | The Regatta | Studio,1BA | $690 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $785 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $875 |
| Capitol Plaza Apartments | One Bedroom, One Bath | 1BR,1BA | $896 |
Best Value Apartments for Rent in Mount Auburn, IL and Nearby
As of June 14, 2026 the best value apartment in the Mount Auburn area is the $1.04 price per square foot Townhouse Model at The Boulevard Townhomes in the starting from $975. The second greatest value Mount Auburn apartment is the 2 Bdr 1 Bath with Balcony. Capitol View. Model at Safe Harbor Properties starting at $935 with a $1.01 price per square foot in the Downtown Springfield neighborhood. Here is today’s list of the best values for Mount Auburn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| Safe Harbor Properties | 2 Bdr 1 Bath with Balcony. Capitol View. | 2BR,1BA | $1.01 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $0.60 |
| 2474 N Florian | 10 | 2BR,1.5BA | $1.13 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $0.76 |
| Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mount Auburn, IL Rentals by Map
See the most popular apartments and homes in Mount Auburn, IL
Frequently Asked Questions about Cheap Mount Auburn Apartments
What is the Cheapest Studio apartment in Mount Auburn?
Currently the most affordable Cheap Studio Apartment in Mount Auburn is at Roosevelt School Apartments listed at $502.
How much is rent for a Cheap One Bedroom Mount Auburn Apartment?
The lowest price for a Cheap One Bedroom Mount Auburn Apartment is $497 at Country Place-Moweaqua I & ll.
What is the lowest price for a Cheap Two Bedroom Mount Auburn Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mount Auburn is starting from $507 at RESERVE AT LAKEVIEW.
What is the most affordable Mount Auburn Three Bedroom Apartment?
The best deal on a cheap Mount Auburn Three Bedroom Apartment rental is at Candles and starts from $1,040.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.