Cheap Apartments for Rent near Nebo, IL from $347 (23 Rentals)

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

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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Nebo, IL Local Guide

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. Laborer's Home Development IV, For Age 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable Nebo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jacksonville Affordable Housing1 Bedroom 50%1BR,1BA$485
Laborer's Home Development IV, For Age 62+1 BR1BR,1BA$830
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$850
Casalon Parkway Apartments1 Bedroom / Phase 1 & 21BR,1BA$1,006
Vista on the ParkSparrow1BR,1BA$1,095

Best Value Apartments for Rent in Nebo, IL and Nearby

As of August 25, 2026 the best value apartment in the Nebo area is the $1.31 price per square foot Townhomes Exterior Phase B Model at Quail Run Apartments and Townhomes in the in the Lincoln County neighborhood starting from $1,900. The second greatest value Nebo apartment is the 2 Bed 2 Bath Model at Villages at Lake Silvercote starting at $1,750 with a $1.40 price per square foot in the Wentzville neighborhood. Here is today’s list of the best values for Nebo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Quail Run Apartments and TownhomesTownhomes Exterior Phase B3BR,2.5BA$1.31
Villages at Lake Silvercote2 Bed 2 Bath2BR,2BA$1.40
Vista on the Park1033BR,2BA$1.39
Northridge IMaple3BR,1.5BA$1.12
Peine LakesThe Bryant2BR,2BA$1.25
Boone Street Commons3rd Floor 2x2 RIC2BR,2BA$1.23
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$1.03
Casalon Parkway Apartments1 Bedroom / Phase 1 & 21BR,1BA$1.34
Jacksonville Affordable Housing1 Bedroom 60%1BR,1BA$0.88
Laborer's Home Development IV, For Age 62+1 BR1BR,1BA$1.43

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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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 Northridge I and starts from $1,250.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.