
Cheap Apartments for Rent in O'Fallon, IL from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in O'Fallon.


822 White Oak Dr

401 Colleen Dr

Storyboard on Sugar Pine

Park Terrace Apartments

111 Winthrop Dr

1111 Arrowhead Dr
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.

Linwood Apartments

Metro Apartments At Collinsville

Green Door Apartments

Storyboard on Rockwood

Total Monthly Price
212 S Chestnut St, Unit 4

5 Sarpy Rd

818-874 Lincoln Hwy
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.

141 Ashley Dr

83 Peachtree Ln

76 Peachtree Ln

147 Ashley Dr

15 Bluff Ct

Yorkport Apartments

1104 Arrowhead Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Linwood Apartments

6050 Old Collinsville Rd
O'Fallon, IL Local Guide

How much does it cost to rent an apartment in O'Fallon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap O'Fallon Studio Apartments | $1,962 | $1,962 | $1,962 |
| Cheap O'Fallon 1 Bedroom Apartments | $1,479 | $815 | $1,760 |
| Cheap O'Fallon 2 Bedroom Apartments | $1,728 | $915 | $2,720 |
| Cheap O'Fallon 3 Bedroom Apartments | $1,970 | $1,595 | $2,295 |
Browse Top Apartments in O'Fallon
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O'Fallon, IL Local Guide
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Cheapest Neighborhoods for Apartments in O'Fallon, IL
Pricing Updated: 03/14/2026Current apartment rentals in the O'Fallon, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for O'Fallon Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| OFallon | $1,984 | $860 | 110 |
| Metro East | $10,086 | $414 | 3333 |
Cheapest Available O'Fallon Apartments for Rent
 The cheapest available apartment rental in O'Fallon, IL is a 1 Bed unit found at Green Door Apartments in the OFallon neighborhood priced from $1,000. Linwood Apartments in the OFallon neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here is today’s list of the most affordable O'Fallon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Green Door Apartments | 1BR/1B | 1BR,1BA | $1,000 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $1,000 |
| Metro Apartments At Collinsville | 1BR/1BA Cherokee Upgraded w/Carport | 1BR,1BA | $1,100 |
| Winchester Place Apartments | 1 Bedroom / 1 Bath 735 sq ft | 1BR,1BA | $1,165 |
| Longacre Apartment Resort | 1 Bedroom 1 Bath | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in O'Fallon, IL
As of March 14, 2026 the best value apartment in the O'Fallon area is the $1.51 price per square foot Attached Floorplan Model at The Villas at Hartman Lakes in the in the OFallon neighborhood starting from $2,800. The second greatest value O'Fallon apartment is the Rockwood B1 Model at Storyboard on Rockwood starting at $1,385 with a $1.13 price per square foot in the OFallon neighborhood. Here is today’s list of the best values for O'Fallon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Villas at Hartman Lakes | Attached Floorplan | 2BR,2BA | $1.51 |
| Storyboard on Rockwood | Rockwood B1 | 2BR,2BA | $1.13 |
| Storyboard on Park Entrance | Park Entrance B2 | 2BR,2BA | $1.19 |
| Storyboard on Carol Ann | Carol Ann B2 | 2BR,2BA | $1.34 |
| Cantwell Crossing Apartments and Townhomes | Renovated 2 Bedroom | 2BR,2BA | $1.39 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Storyboard on Shan | Shan B1 | 2BR,2BA | $1.39 |
| Green Mount Lakes | Tiedmann | 2BR,2BA | $1.49 |
| Green Door Apartments | 2BR/1B Duplex w/ Carport | 2BR,1BA | $1.44 |
| 212 S Chestnut St, Unit 4 | 212 S Chestnut St | 1BR,1BA | $1.45 |
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 ArticleThe 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.
Read ArticleCash 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.
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.
Best Local Schools in O'Fallon, IL
Fulton Jr High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore O'Fallon, IL Rentals by Map
See the most popular apartments and homes in O'Fallon, IL
Frequently Asked Questions about Cheap O'Fallon Apartments
What is the price of a cheap apartment in O'Fallon?
The cheapest apartment in O'Fallon is Green Door Apartments which is listed at $1,000, while the average apartment in O'Fallon costs $6,035.
What types of apartments are the cheapest in O'Fallon?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 831 regular apartments in O'Fallon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in O'Fallon?
Cheap apartments in O'Fallon have an average cost of $616 which is $5,419 cheaper than the average rent for all rentals in O'Fallon.
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.