Cheap Apartments for Rent in the Metro East Neighborhood of O'Fallon, IL from $300 (1,005 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
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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

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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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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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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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 1 Bed unit found at Aboussie Pavilion priced from $499. The Towers at Gateway City has the second lowest priced unit, which is a Studio apartment currently listed from $515. Here are the most affordable Metro East apartments for rent in O'Fallon, IL:

Apartment ListingModel NameBed/BathPriced From
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
The Railton ApartmentsOne Bedroom Apartment1BR,1BA$561
Rivers Edge ApartmentsEfficiencyStudio,1BA$625
The Regency at Saint LouisStudioStudio,1BA$649
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$650
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio,1BA$650

Best Value Apartments for Rent in Metro East, IL

As of April 27, 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
5239 Bancroft Ave5239 Bancroft Ave2BR,1BA$0.67
Woodknoll Townhomes2BR/1.5BA2BR,1.5BA$0.66
2137 Geyer Ave, Unit Unit A2137 Geyer Ave2BR,1BA$0.73
2102 Chippewa St, Unit 12102 Chippewa St1BR,1BA$0.65
Parc at 720B12BR,2BA$0.75
Fox Grove Management Office4x24BR,2BA$0.74

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.

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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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The 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.

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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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Quick 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.

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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 Aboussie Pavilion which is listed at $499, while the average apartment in Metro East costs $9,579.

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 913 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 $623 which is $8,956 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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.