
Cheap Apartments for Rent in Nebo, IL from $300 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Nebo.


Morton Street Apartments

Ridgebrook Apartments

New Eastlawn Apartments

Laborer's Home Development IV
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1500 N Carolina St

19584 IL-96

Meadowood Estates II Senior 55+

206 Masters St

28450 Hwy M
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.
Nebo, IL Local Guide

How much does it cost to rent an apartment in Nebo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nebo Studio Apartments | $1,354 | $1,354 | $1,354 |
| Nebo 1 Bedroom Apartments | $1,338 | $347 | $1,745 |
| Nebo 2 Bedroom Apartments | $1,626 | $408 | $2,635 |
| Nebo 3 Bedroom Apartments | $1,609 | $900 | $2,400 |
| Nebo 4 Bedroom Apartments | $3,200 | $3,000 | $3,400 |
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Nebo, IL Local Guide
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Cheapest Available Nebo Apartments for Rent and Nearby
 The cheapest available apartment rental in Nebo, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $485. Morton Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $690. Here is today’s list of the most affordable Nebo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $485 |
| Morton Street Apartments | 1 bed one bath | 1BR,1BA | $690 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $800 |
Best Value Apartments for Rent in Nebo, IL and Nearby
As of February 21, 2026 the best value apartment in the Nebo area is the $1.30 price per square foot 3BR/2.0BA Model at Quail Run Apartments and Townhomes in the starting from $1,900. The second greatest value Nebo apartment is the 3 bedrooms Model at Villages at Lake Silvercote starting at $1,695 with a $1.36 price per square foot in the Carlton Glen Estates neighborhood. Here is today’s list of the best values for Nebo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Quail Run Apartments and Townhomes | 3BR/2.0BA | 3BR,2BA | $1.30 |
| Villages at Lake Silvercote | 3 bedrooms | 3BR,2BA | $1.36 |
| Northridge I | Oak | 3BR,1.5BA | $1.16 |
| Vinings of O'Fallon | The Meritage II | 2BR,2BA | $1.31 |
| The Waterways of Lake Saint Louis Apartments | 1 Bedroom | 1BR,1BA | $1.36 |
| Elm Tree Commons | 2 Beds, 2 baths | 2BR,2BA | $1.36 |
| 1500 N Carolina St | 2X2 | 2BR,2BA | $1.08 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $0.97 |
| Peine Lakes | The Adler | 1BR,1BA | $1.35 |
| Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.88 |
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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Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Cheap Nebo Apartments
How much is rent for a Cheap One Bedroom Nebo Apartment?
The lowest price for a Cheap One Bedroom Nebo Apartment is $485 at Jacksonville Affordable Housing.
What is the lowest price for a Cheap Two Bedroom Nebo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Nebo is starting from $540 at Jacksonville Affordable Housing.
What is the most affordable Nebo Three Bedroom Apartment?
The best deal on a cheap Nebo Three Bedroom Apartment rental is at 1500 N Carolina St and starts from $900.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.

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.

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.