
Cheap Apartments for Rent near New Salem, IL from $347 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in New Salem.


Macomb Rentals

Smith and Royer Apartments

Aspen Court

Hunter Glen Apartments

Cobblestone Apartments

Ridgebrook Apartments

CARDINAL RIDGE
Rent According to Income: A Look at Income-Restricted Rentals
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Laborer's Home Development IV, For Age 62+

New Eastlawn Apartments

1500 N Carolina St

Monroe City Senior Housing 62+

Creekside Park

Lexington Concord

Lotts Landing Senior Apartments

410 N Monroe St
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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.

201 Charleston Blvd

201-220 Charleston Blvd

Morton Street Apartments

Keokuk Family Flats

210 E Bland St

119 N 1st St

601-605 W Orchard St

1000 Lakewood Dr
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.
New Salem, IL Local Guide

How much does it cost to rent an apartment in New Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Salem Studio Apartments | $602 | $390 | $700 |
| New Salem 1 Bedroom Apartments | $987 | $347 | $1,670 |
| New Salem 2 Bedroom Apartments | $1,381 | $408 | $4,500 |
| New Salem 3 Bedroom Apartments | $1,692 | $900 | $2,600 |
| New Salem 4 Bedroom Apartments | $2,343 | $600 | $5,600 |
Browse Top Apartments in New Salem
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New Salem, IL Local Guide
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Cheapest Available New Salem Apartments for Rent and Nearby
 The cheapest available apartment rental in New Salem, IL is a Studio unit found at Macomb Rentals priced from $390. Jacksonville Affordable Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $485. Here is today’s list of the most affordable New Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Macomb Rentals | Studio, 1 bath | Studio, 1BA | $390 |
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR, 1BA | $485 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $560 |
| Smith and Royer Apartments | 1 Bedroom Side Apartment | 1BR, 1BA | $650 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR, 1BA | $750 |
Best Value Apartments for Rent in New Salem, IL and Nearby
As of September 17, 2026 the best value apartment in the New Salem area is the $1.35 price per square foot Apt 101 S Model at Emerson Garden Apartments starting from $1,750. The second greatest value New Salem apartment is the 2 Bed 2 Bath Model at Villages at Lake Silvercote in the Wentzville neighborhood starting at $1,750 with a $1.40 price per square foot. Here is today’s list of the best values for New Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Emerson Garden Apartments | Apt 101 S | 3BR, 2BA | $1.35 |
| Villages at Lake Silvercote | 2 Bed 2 Bath | 2BR, 2BA | $1.40 |
| Creekside Park | 3 BR / 2 BA | 3BR, 2BA | $0.85 |
| Northridge I | Maple | 3BR, 1.5BA | $1.12 |
| Boone Street Commons | 2nd Floor 2x2 RIC | 2BR, 2BA | $1.25 |
| Vista on the Park | Dove | 2BR, 1BA | $1.37 |
| New Eastlawn Apartments | Two Bedroom | 2BR, 1BA | $1.03 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR, 1BA | $1.06 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $0.87 |
| 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.
Read ArticleNavigating 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.
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 New Salem, IL Rentals by Map
See the most popular apartments and homes in New Salem, IL
Frequently Asked Questions about Cheap New Salem Apartments
How much is rent for a Cheap One Bedroom New Salem Apartment?
The lowest price for a Cheap One Bedroom New Salem Apartment is $485 at Jacksonville Affordable Housing.
What is the lowest price for a Cheap Two Bedroom New Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Salem is starting from $450 at Macomb Rentals.
What is the most affordable New Salem Three Bedroom Apartment?
The best deal on a cheap New Salem Three Bedroom Apartment rental is at Creekside Park and starts from $1,029.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.