Cheap Apartments for Rent in New Salem, IL from $300 (17 Rentals)

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

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.

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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.

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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.

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Showing Results 1-17, Page 1 of 1

New Salem, IL Local Guide

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 $462. Here is today’s list of the most affordable New Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Macomb RentalsStudio, 1 bathStudio,1BA$390
Jacksonville Affordable Housing1 Bedroom 50%1BR,1BA$462
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$520
Smith and Royer Apartments1 Bedroom1BR,1BA$650
Monroe City Senior Housing 62+1 Bed 1 Bath1BR,1BA$675

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

As of November 03, 2025 the best value apartment in the New Salem area is the $1.08 price per square foot Three Beds Two Baths Model at Emerson Garden Apartments in the starting from $1,400. The second greatest value New Salem apartment is the Oak Model at Northridge I starting at $1,300 with a $1.16 price per square foot . Here is today’s list of the best values for New Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerson Garden ApartmentsThree Beds Two Baths3BR,2BA$1.08
Northridge IOak3BR,1.5BA$1.16
Boone Street CommonsBoone Street2BR,2BA$1.13
1500 N Carolina St2X22BR,2BA$1.08
Koke Mill Apartments1 Bedroom (lg)1BR,1BA$1.15
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$0.97
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.11
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$0.81
Monroe City Senior Housing 62+1 Bed 1 Bath1BR,1BA$1.13
Jacksonville Affordable Housing1 Bedroom 60%1BR,1BA$0.84

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Salem, IL Rentals by Map

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Getting Around New Salem, IL

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

24 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $462 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 1500 N Carolina St and starts from $900.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.