Cheap Homes for Rent in the Metro East Neighborhood of O'Fallon, IL from $395 (349 Rentals)

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

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.

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.

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.

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.

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
Trinity Park (NEW)1 bedroom, 1 bathroom1BR,1BA$525
Fox Grove Management Office2x12BR,1BA$550
The Towers at Gateway CityStudioStudio,1BA$565
4375-4409 Chippewa4375-4409 Chippewa - 4377...1BR,1BA$600
The Saum & Hutcheson ArmsSaum Unrenovated StudioStudio,1BA$650

Best Value Apartments for Rent in Metro East, IL

As of August 24, 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 412 Short St Model at 412 Short St, Unit 4122800 starting at $1,400 with a $0.52 price per square foot in the Collinsville 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
412 Short St, Unit 4122800412 Short St2BR,1.5BA$0.52
Seven Hills Forest Condominiums2 Bedroom Townhome2BR,2.5BA$0.54
3617 Tennessee Ave, Unit 2f3617 Tennessee Ave3BR,1BA$0.59
1015 Westward Trails Dr1015 Westward Trails Dr3BR,1.5BA$0.61
Woodknoll Townhomes2BR/1.5BA2BR,1.5BA$0.66
Parc at 720D14BR,4BA$0.65
The Social EdwardsvilleThe Cougar4BR,4BA$0.56
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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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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Frequently Asked Questions about Metro East

What type of rentals are currently available in Metro East?

There are currently 3698 Apartments for Rent in Metro East, IL with pricing that ranges from $200 to $7,935. There are also 1130 Single Family Homes for rent, Condos, and Townhome rentals currently available in Metro East ranging from $250 to $5,000.

What is the current price range for Rental Homes in Metro East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Metro East ranges from $250 to $5,000 with an average monthly rent of $1,557.

How much are larger Three and Four Bedroom Rentals in Metro East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Metro East range from $674 to $7,301, while Three Bedroom Homes, Condos, and Townhomes for rent range from $595 to $4,750. Four Bedroom Single-Family rentals are also available starting from $695 and Four Bedroom Apartments start at $675.

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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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.

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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.