
Cheap Homes for Rent in O'Fallon, IL from $830 (20 Rentals)
Search the lowest-cost Homes available for rent right now in O'Fallon.


121 Ashley Dr

145 Ashley Dr

110 Ashley Dr

86 Peachtree Ln

62 Peachtree Ln
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

104 Lee Dr

63 Peachtree Ln

1104 Arrowhead Dr

435 Ponderosa Ave

102 Karl Pl

97 Peachtree Ln
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

106 S High St

901 Georgetowne Dr

903 Georgetowne Dr

287 Eagle Ridge

880 Lester Ave

711 Plankway Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

25 Belle Dr

317 S Main St
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 | $1,394 | $900 | $2,147 |
| O'Fallon 3 Bedroom Homes for Rent | $1,964 | $1,325 | $2,650 |
| O'Fallon 4 Bedroom Homes for Rent | $2,819 | $1,950 | $3,600 |
| O'Fallon 5 Bedroom Homes for Rent | $4,000 | $3,500 | $4,500 |
Browse Top Homes for Rent in O'Fallon
Explore O'Fallon
O'Fallon, IL Local Guide
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Cheapest Neighborhoods for Apartments in O'Fallon, IL
Pricing Updated: 09/05/2026Current apartment rentals in the O'Fallon, IL area range in price from $200 to $7,935 with an overall median price of $1,452. Here is today’s list neighborhoods with the lowest median pricing for O'Fallon Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Metro East | $1,441 | $200 | 3074 |
| OFallon | $1,750 | $825 | 115 |
Cheapest Available O'Fallon Apartments for Rent
 The cheapest available apartment rental in O'Fallon, IL is a 2 Beds unit found at Wilson Apartments in the O'Fallon neighborhood priced from $825. Storyboard on Rockwood in the Belleville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,085. Here is today’s list of the most affordable O'Fallon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wilson Apartments | Two Bedroom - No Laundry | 2BR,1BA | $825 |
| Storyboard on Rockwood | Rockwood A1 | 1BR,1BA | $1,085 |
| Storyboard on Park Terrace | Park Terrace B1 | 2BR,1BA | $1,085 |
| Storyboard on Sugar Pine | Sugar Pine B1 | 2BR,1BA | $1,095 |
| Green Door Apartments | Save up to $500 off Move In Costs with your EXC... | 2BR,1BA | $1,150 |
Best Value Apartments for Rent in O'Fallon, IL
As of September 05, 2026 the best value apartment in the O'Fallon area is the $1.15 price per square foot Park Entrance B1 Model at Storyboard on Park Entrance in the in the O'Fallon 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 $1,610 with a $1.34 price per square foot in the O'Fallon 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 B1 | 2BR,2BA | $1.15 |
| Storyboard on Carol Ann | Carol Ann B2 | 2BR,2BA | $1.34 |
| Statewood Manor | Duplex | 2BR,1BA | $1.32 |
| 1118 E 3rd St | 2 Beds, 1 bath | 2BR,1BA | $1.18 |
| Brookside Manor- O'Fallon, IL | Erin Lee- 2 bedroom | 2BR,1.5BA | $1.39 |
| Storyboard on Sugar Pine | Sugar Pine B1 | 2BR,1BA | $1.12 |
| Storyboard on Rockwood | Rockwood A1 | 1BR,1BA | $1.21 |
| Green Door Apartments | Save up to $500 off Move In Costs with your EXC... | 2BR,1BA | $1.28 |
| Storyboard on Park Terrace | Park Terrace B2 | 2BR,1.5BA | $1.36 |
| Wilson Apartments | Two Bedroom - Laundry In Unit | 2BR,1BA | $1.17 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
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 101 Apartments for Rent in O'Fallon, IL with pricing that ranges from $825 to $2,899. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in O'Fallon ranging from $830 to $4,500.
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 $830 to $4,500 with an average monthly rent of $1,993.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.