
Cheap Apartments for Rent in O'Fallon, IL from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in O'Fallon.


Ansley Oaks Apartments

814 White Oak Dr

164 Eagle Ridge

Storyboard on Sugar Pine

Carol Ann
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.

262 Eagle Ridge

120 Dean Ave

Park Terrace Apartments

Metro Apartments At Collinsville

Green Door Apartments

Linwood Apartments
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.

Storyboard on Rockwood

Total Monthly Price
212 S Chestnut St, Unit 4, Unit 4

Winchester Place Apartments

818-874 Lincoln Hwy

122 Ashley Dr

128 Ashley Dr
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.

Yorkport Apartments

Linwood Apartments

1104 Arrowhead Dr

2315 Richland Prairie Blvd

6050 Old Collinsville Rd

97 Peachtree Ln
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.

89 Peachtree Ln

308 Biggs Dr

Tamarack Woods Apartments
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 | $2,119 | $2,119 | $2,119 |
| Cheap O'Fallon 1 Bedroom Apartments | $1,577 | $800 | $1,760 |
| Cheap O'Fallon 2 Bedroom Apartments | $1,821 | $915 | $2,795 |
| Cheap O'Fallon 3 Bedroom Apartments | $1,965 | $1,660 | $2,235 |
Browse Top Apartments in O'Fallon
See all Apartments in O'FallonExplore O'Fallon
O'Fallon, IL Local Guide
- O'Fallon Neighborhoods
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Cheapest Neighborhoods for Apartments in O'Fallon, IL
Pricing Updated: 04/29/2026Current 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 | $2,119 | $800 | 94 |
| Metro East | $4,643 | $437 | 3237 |
Cheapest Available O'Fallon Apartments for Rent
 The cheapest available apartment rental in O'Fallon, IL is a 1 Bed unit found at Lakewood Estates in the OFallon neighborhood priced from $750. 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 |
|---|---|---|---|
| Lakewood Estates | 1 Bedroom | 1BR,1BA | $750 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $1,000 |
| Storyboard on Rockwood | Rockwood A1 | 1BR,1BA | $1,085 |
| Storyboard on Sugar Pine | Sugar Pine B1 | 2BR,1BA | $1,095 |
| Longacre Apartment Resort | 1 Bedroom 1 Bath | 1BR,1BA | $1,275 |
| Cantwell Crossing Apartments and Townhomes | 2 Bedroom Garden | 2BR,2BA | $1,474 |
| Winchester Place Apartments | 2 Bedroom / 2 Bath Loft 1165 sq ft | 2BR,2BA | $1,527 |
| The Oasis at Hartman Lakes | 1 Bed Standard | 1BR,1BA | $1,599 |
| Artisan | 1 Bedroom | 1BR,1BA | $1,740 |
Best Value Apartments for Rent in O'Fallon, IL
As of April 29, 2026 the best value apartment in the O'Fallon area is the $1.71 price per square foot Single Floorplan Model at The Villas at Hartman Lakes in the in the OFallon neighborhood starting from $3,165. The second greatest value O'Fallon apartment is the Carol Ann C1 Model at Storyboard on Carol Ann starting at $2,235 with a $1.24 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 | Single Floorplan | 2BR,2BA | $1.71 |
| Storyboard on Carol Ann | Carol Ann C1 | 3BR,2.5BA | $1.24 |
| Storyboard on Park Entrance | Park Entrance B1 | 2BR,2BA | $1.15 |
| Thirteen01 at Hartman Lakes | 2 bedroom | 2BR,2BA | $1.53 |
| Cantwell Crossing Apartments and Townhomes | Renovated 2 Bedroom | 2BR,2BA | $1.42 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Storyboard on Rockwood | Rockwood B2 | 2BR,1.5BA | $1.34 |
| Storyboard on Sugar Pine | Sugar Pine B1 | 2BR,1BA | $1.12 |
| Lakewood Estates | 1 Bedroom | 1BR,1BA | $0.94 |
| 212 S Chestnut St, Unit 4 | 212 S Chestnut St | 1BR,1BA | $1.45 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 Lakewood Estates which is listed at $750, while the average apartment in O'Fallon costs $3,381.
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 897 regular apartments in O'Fallon that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

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.

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.