
Cheap Homes for Rent in O'Fallon, IL from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in O'Fallon.


4 Hickory Ct

141 Ashley Dr

76 Peachtree Ln

147 Ashley Dr

304 Estate 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.

204 Eagle Ridge

120 W 7th St

166 Eagle Ridge

213 Eagle Ridge

729 Oxen Dr

89 Peachtree Ln
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.
O'Fallon, IL Local Guide

How much does it cost to rent a home in O'Fallon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| O'Fallon 2 Bedroom Homes for Rent | $1,267 | $750 | $2,200 |
| O'Fallon 3 Bedroom Homes for Rent | $2,024 | $1,400 | $2,700 |
| O'Fallon 4 Bedroom Homes for Rent | $2,423 | $1,425 | $3,000 |
Browse Top Homes for Rent 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: 02/20/2026Current 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 | $2,547 | $750 | 26 |
| Metro East | $3,513 | $249 | 914 |
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. Metro Apartments At Collinsville in the Metro East neighborhood has the second lowest priced unit, which is a 1 Bed 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 |
| Metro Apartments At Collinsville | 1BD/1BA Upgraded | 1BR,1BA | $1,000 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $1,000 |
| Winchester Place Apartments | 1 Bedroom / 1 Bath 735 sq ft | 1BR,1BA | $1,111 |
| Longacre Apartment Resort | 1 Bedroom 1 Bath | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in O'Fallon, IL
As of February 20, 2026 the best value apartment in the O'Fallon area is the $1.15 price per square foot Park Entrance B2 Model at Storyboard on Park Entrance in the in the OFallon neighborhood starting from $1,379. The second greatest value O'Fallon apartment is the Carol Ann B2 Model at Storyboard on Carol Ann starting at $1,550 with a $1.29 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. |
|---|---|---|---|
| Storyboard on Park Entrance | Park Entrance B2 | 2BR,2BA | $1.15 |
| Storyboard on Carol Ann | Carol Ann B2 | 2BR,2BA | $1.29 |
| 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 | $1.37 |
| Villas At Crystal Lake | The Keystone | 2BR,2BA | $1.51 |
| 212 S Chestnut St, Unit 4 | 212 S Chestnut St | 1BR,1BA | $1.45 |
| Winchester Place Apartments | 1 Bedroom / 1 Bath 735 sq ft | 1BR,1BA | $1.51 |
| Green Door Apartments | 1BR/1B | 1BR,1BA | $1.43 |
| Metro Apartments At Collinsville | 1BD/1BA Upgraded | 1BR,1BA | $1.43 |
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 O'Fallon
What type of rentals are currently available in O'Fallon?
There are currently 108 Apartments for Rent in O'Fallon, IL with pricing that ranges from $695 to $2,720. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in O'Fallon ranging from $750 to $3,000.
What is the current price range for Rental Homes in O'Fallon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in O'Fallon ranges from $750 to $3,000 with an average monthly rent of $1,652.
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.