Cheap Homes for Rent in New Baden, IL from $700 (13 Rentals)

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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.

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.

New Baden, IL Local Guide

Cheapest Available New Baden Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Baden, IL is a 2 Beds unit found at Flax Meadow Townhomes priced from $715. Lakewood Estates in the OFallon neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable New Baden apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Flax Meadow TownhomesTwo Bed2BR,1BA$715
Lakewood Estates1 Bedroom1BR,1BA$750
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$845
500 E A St1 Bed, 1 bath1BR,1BA$895
722 Abend St1 Bed, 1 bath1BR,1BA$895

Best Value Apartments for Rent in New Baden, IL and Nearby

As of May 09, 2026 the best value apartment in the New Baden area is the $1.24 price per square foot Carol Ann C1 Model at Storyboard on Carol Ann in the in the OFallon neighborhood starting from $2,235. The second greatest value New Baden apartment is the Hayden B1 Model at Storyboard on Hayden starting at $1,350 with a $1.08 price per square foot in the Metro East neighborhood. Here is today’s list of the best values for New Baden apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Storyboard on Carol AnnCarol Ann C13BR,2.5BA$1.24
Storyboard on HaydenHayden B12BR,2.5BA$1.08
Reside Here Apartments & Rentals2BR/1.5BA2BR,1.5BA$1.18
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
BSB Apartments220 Bd Townhouse2BR,1.5BA$1.03
Green Door Apartments2BR/1.5B TH2BR,1.5BA$1.20
1400 Sangamon Dr2 Beds, 2 baths2BR,2BA$1.21
Flax Meadow TownhomesTwo Bed2BR,1.5BA$0.81
Willow Park ApartmentsThe McConnell - Upgrade2BR,1BA$1.25
Lakewood Estates1 Bedroom1BR,1BA$0.94

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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Quick Rent Budget Calculator

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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!

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Frequently Asked Questions about New Baden

What type of rentals are currently available in New Baden?

There are currently 50 Apartments for Rent in New Baden, IL with pricing that ranges from $715 to $2,795. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Baden ranging from $705 to $3,000.

What is the current price range for Rental Homes in New Baden?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Baden ranges from $705 to $3,000 with an average monthly rent of $1,965.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.