Cheap Apartments for Rent in O'Fallon, IL from $500 (23 Rentals)

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Ansley Oaks Apartments
Studio to 2 Bedroom Apartments

Ansley Oaks Apartments

545 Donna DrO'Fallon, IL 62269
  • Utilities Included
property at 1111 Arrowhead Dr

$995

Total Monthly Price

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Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Townhome for Rent

Available Apr 1

1111 Arrowhead Dr

CollinsvilleIL62234

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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818-874 Lincoln Hwy
1 Bedroom Apartments

818-874 Lincoln Hwy

818-874 Lincoln HwyFairview Heights, IL 62208
  • Utilities Included

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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Yorkport Apartments
1 to 2 Bedroom Apartments

Yorkport Apartments

2421 Patrick DrShiloh, IL 62221
  • Utilities Included

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.

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Linwood Apartments
2 Bedroom Apartments

Linwood Apartments

113-115 Linwood DrBelleville, IL 62221
  • Utilities Included
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6050 Old Collinsville Rd
2 Bedroom Apartments

6050 Old Collinsville Rd

6050 Old Collinsville RdFairview Heights, IL 62208
  • Utilities Included

O'Fallon, IL Local Guide

Cheapest Neighborhoods for Apartments in O'Fallon, IL

Pricing Updated: 03/14/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
OFallon$1,984$860110
Metro East$10,086$4143333

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 ListingModel NameBed/BathPriced From
Green Door Apartments1BR/1B1BR,1BA$1,000
Linwood ApartmentsTwo Bed One Bath2BR,1BA$1,000
Metro Apartments At Collinsville1BR/1BA Cherokee Upgraded w/Carport1BR,1BA$1,100
Winchester Place Apartments1 Bedroom / 1 Bath 735 sq ft1BR,1BA$1,165
Longacre Apartment Resort1 Bedroom 1 Bath1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Villas at Hartman LakesAttached Floorplan2BR,2BA$1.51
Storyboard on RockwoodRockwood B12BR,2BA$1.13
Storyboard on Park EntrancePark Entrance B22BR,2BA$1.19
Storyboard on Carol AnnCarol Ann B22BR,2BA$1.34
Cantwell Crossing Apartments and TownhomesRenovated 2 Bedroom2BR,2BA$1.39
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
Storyboard on ShanShan B12BR,2BA$1.39
Green Mount LakesTiedmann2BR,2BA$1.49
Green Door Apartments2BR/1B Duplex w/ Carport2BR,1BA$1.44
212 S Chestnut St, Unit 4212 S Chestnut St1BR,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.

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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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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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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!

Explore O'Fallon, IL Rentals by Map

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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

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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.

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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.

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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.

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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.