Cheap Apartments for Rent in the Metro East Neighborhood of O'Fallon, IL from $300 (1,163 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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Lakewood Estates
1 to 2 Bedroom Apartments

Lakewood Estates

1114 E 3rd StO'Fallon, IL 62269

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.

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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
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823 N Cherry St
2 Bedroom Apartments

823 N Cherry St

823 N Cherry StO'Fallon, IL 62269

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.

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property at 5 Beverly Ln
$625
1 Bedroom Rentals
Available Now

5 Beverly Ln

MarissaIL62257
property at 3803 Keokuk St
$649 - $699
1 To 2 Bedroom Rentals
Available Now
Affordability

3803 Keokuk St

St. LouisMO63116

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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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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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 Alexian Court priced from $200. The Railton Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $447. Here are the most affordable Metro East apartments for rent in O'Fallon, IL:

Apartment ListingModel NameBed/BathPriced From
Alexian CourtStudio, 1 bath1BR,1BA$200
The Railton ApartmentsOne Bedroom Apartment1BR,1BA$447
Aboussie PavilionOne Bedroom1BR,1BA$499
Trinity Park (NEW)1 bedroom, 1 bathroom1BR,1BA$525
Fox Grove Management Office2x12BR,1BA$550
The Towers at Gateway CityStudioStudio,1BA$565
Edison Ave. Lofts1 Bdrm Garden, 500 SqFt, Tax Credit, 60% AMI1BR,1BA$585
4375-4409 Chippewa4375-4409 Chippewa - 4377...1BR,1BA$600
Williamsburg ApartmentsStudioStudio,1BA$642

Best Value Apartments for Rent in Metro East, IL

As of September 10, 2026 the best value apartment in the Metro East area is the $0.54 price per square foot 2 Bedroom Townhome Model at Seven Hills Forest Condominiums in the in the Florissant neighborhood starting from $1,300. The second greatest value Metro East apartment is the 3617 Tennessee Ave Model at 3617 Tennessee Ave, Unit 2f starting at $1,300 with a $0.59 price per square foot in the The Hill 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.
Seven Hills Forest Condominiums2 Bedroom Townhome2BR,2.5BA$0.54
3617 Tennessee Ave, Unit 2f3617 Tennessee Ave3BR,1BA$0.59
3421 Hartford St, Unit 2nd3421 Hartford St2BR,1BA$0.50
4136 Saint Louis Ave, Unit 1F4136 Saint Louis Ave2BR,1BA$0.55
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
5126 Lexington Ave, Unit 25126 Lexington Ave2BR,1BA$0.71
3135 Chippewa Street1BR/1.0BA1BR,1BA$0.71
Alexian CourtStudio, 1 bathStudio ,1BA$0.33

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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Navigating 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.

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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 $642.

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

The cheapest apartment in Metro East is Alexian Court which is listed at $200, while the average apartment in Metro East costs $1,437.

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 908 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 $563 which is $874 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 Rent According to Income: A Look at Income-Restricted Rentals article

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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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.

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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.

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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.