Cheap Apartments for Rent in the Metro East Neighborhood of O'Fallon, IL from $300 (1,043 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Metro East area of O'Fallon.

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Ansley Oaks Apartments
Studio to 2 Bedroom Apartments

Ansley Oaks Apartments

545 Donna DrO'Fallon, IL 62269
  • Utilities Included

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.

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Carol Ann
2 to 3 Bedroom Apartments

Carol Ann

686-688 Carol Ann DrO'Fallon, IL 62269
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Regency Manor
Studio to 2 Bedroom Apartments

Regency Manor

128 Regency ParkO'Fallon, IL 62269
Senior Living
  • Utilities Included

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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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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245 N Seminary St, Unit 2
$675
Total Monthly Price

Total Monthly Price

Base Rent
$675
Total Monthly Price
$675
1 Bedroom Apartment Available Jul 6

245 N Seminary St, Unit 2

245 N Seminary StCollinsville, IL 62234
  • Smoke Free

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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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.

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Showing Results 1-50, Page 1 of 21

Metro East, O'Fallon, IL Local Guide

Cheapest Available Metro East Apartments for Rent

 

The cheapest available apartment rental in the Metro East area of O'Fallon, IL is a 2 Beds unit found at Cedars of Lebanon Apartments priced from $200. Alexian Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $200. Here are the most affordable Metro East apartments for rent in O'Fallon, IL:

Apartment ListingModel NameBed/BathPriced From
Cedars of Lebanon ApartmentsTwo Bedroom2BR,1BA$200
Alexian CourtStudio, 1 bath1BR,1BA$200
The Railton ApartmentsOne Bedroom Apartment1BR,1BA$447
Aboussie PavilionOne Bedroom1BR,1BA$499
The Towers at Gateway CityStudioStudio,1BA$515
Trinity Park1 bedroom, 1 bathroom1BR,1BA$525
Fox Grove Management Office2x12BR,1BA$550
Rivers Edge ApartmentsEfficiencyStudio,1BA$625
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio,1BA$650

Best Value Apartments for Rent in Metro East, IL

As of June 12, 2026 the best value apartment in the Metro East area is the $0.64 price per square foot single family home Model at 14 Parkland Pl in the in the Lewis Place neighborhood starting from $1,800. The second greatest value Metro East apartment is the 2 Bedroom Townhome Model at Seven Hills Forest Condominiums starting at $1,300 with a $0.54 price per square foot in the Florissant Old Town neighborhood. Here is today’s list of the best values for Metro East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
14 Parkland Plsingle family home5BR,3BA$0.64
Seven Hills Forest Condominiums2 Bedroom Townhome2BR,2.5BA$0.54
3617 Tennessee Ave, Unit 2f3617 Tennessee Ave3BR,1BA$0.59
3808 Meramec St, Unit #23808 Meramec St2BR,1BA$0.61
Woodknoll Townhomes2BR/1.5BA2BR,1.5BA$0.66
Parc at 720D14BR,4BA$0.54
2102 Chippewa St, Unit 12102 Chippewa St1BR,1BA$0.65
2030 E Fair Ave, Unit Fair ave2030 E Fair Ave2BR,1BA$0.50
Alexian CourtStudio, 1 bathStudio ,1BA$0.33
Cedars of Lebanon ApartmentsStudioStudio ,1BA$0.44

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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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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Pet Friendly Lifestyle
Metro East, O'Fallon, IL

Ranked #1

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Metro East, O'Fallon, IL

School data provided by Great Schools

Frequently Asked Questions about Cheap Metro East Apartments

What is a cheap apartment in Metro East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Metro East is under $650.

What is the price of a cheap apartment in Metro East?

The cheapest apartment in Metro East is Cedars of Lebanon Apartments which is listed at $200, while the average apartment in Metro East costs $8,210.

What types of apartments are the cheapest in Metro East?

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 624 regular apartments in Metro East 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 Metro East?

Cheap apartments in Metro East have an average cost of $547 which is $7,663 cheaper than the average rent for all rentals in Metro East.

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

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

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.