Cheap Homes for Rent in O'Fallon, IL from $600 (17 Rentals)

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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.

property at 106 Lee Dr

$1,025

2 Bedroom Rentals

Available Now

106 Lee Dr

O'FallonIL62269

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.

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.

O'Fallon, IL Local Guide

Cheapest Neighborhoods for Apartments in O'Fallon, IL

Pricing Updated: 07/21/2026

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
Metro East$3,400$249717
OFallon$3,450$67535

Cheapest Available O'Fallon Apartments for Rent

 

The cheapest available apartment rental in O'Fallon, IL is a 2 Beds unit found at Linwood Apartments in the Belleville neighborhood priced from $1,000. Metro Apartments At Collinsville in the Collinsville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable O'Fallon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Linwood ApartmentsTwo Bed One Bath2BR,1BA$1,000
Metro Apartments At Collinsville1BD/1BA Reno1BR,1BA$1,050
Storyboard on RockwoodRockwood A11BR,1BA$1,085
Storyboard on Sugar PineSugar Pine B12BR,1BA$1,095
Storyboard on Park TerracePark Terrace B12BR,1BA$1,210

Best Value Apartments for Rent in O'Fallon, IL

As of July 21, 2026 the best value apartment in the O'Fallon area is the $1.46 price per square foot 2 bedroom Model at Thirteen01 at Hartman Lakes in the in the O'Fallon neighborhood starting from $1,725. The second greatest value O'Fallon apartment is the Shan B2 Model at Storyboard on Shan starting at $1,615 with a $1.43 price per square foot in the Belleville 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.
Thirteen01 at Hartman Lakes2 bedroom2BR,2BA$1.46
Storyboard on ShanShan B22BR,2BA$1.43
823 N Cherry St2 Beds, 1.5 Baths2BR,1.5BA$1.23
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
1118 E 3rd St2 Beds, 1 bath2BR,1BA$1.18
Storyboard on Sugar PineSugar Pine B12BR,1BA$1.12
Winchester Place Apartments2 Bedroom / 1 Bath 950 sq ft2BR,1BA$1.51
Storyboard on RockwoodRockwood A11BR,1BA$1.21
Storyboard on Park TerracePark Terrace B12BR,1.5BA$1.42
Metro Apartments At Collinsville1BD/1BA Reno1BR,1BA$1.50

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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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about O'Fallon

What type of rentals are currently available in O'Fallon?

There are currently 100 Apartments for Rent in O'Fallon, IL with pricing that ranges from $1,025 to $2,605. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in O'Fallon ranging from $675 to $3,850.

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 $675 to $3,850 with an average monthly rent of $2,259.

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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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.