Cheap Apartments for Rent in the OFallon Neighborhood of O'Fallon, IL from $500 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the OFallon 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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property at 106 Lee Dr

$1,025

2 Bedroom Rentals

Available Now

106 Lee Dr

O'FallonIL62269
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Carol Ann
2 to 3 Bedroom Apartments

Carol Ann

686-688 Carol Ann DrO'Fallon, IL 62269

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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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

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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818-874 Lincoln Hwy
1 Bedroom Apartments

818-874 Lincoln Hwy

818-874 Lincoln HwyFairview Heights, IL 62208
  • Utilities Included
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215 anderson lane A
1 to 2 Bedroom Apartments

215 anderson lane A

215-223 Anderson LnShiloh, IL 62221
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Yorkport Apartments
1 to 2 Bedroom Apartments

Yorkport Apartments

2421 Patrick DrShiloh, IL 62221
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Linwood Apartments
2 Bedroom Apartments

Linwood Apartments

113-115 Linwood DrBelleville, IL 62221
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6050 Old Collinsville Rd
2 Bedroom Apartments

6050 Old Collinsville Rd

6050 Old Collinsville RdFairview Heights, IL 62208
  • Utilities Included

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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Showing Results 1-35, Page 1 of 1

OFallon, O'Fallon, IL Local Guide

Cheapest Available OFallon Apartments for Rent

 

The cheapest available apartment rental in the OFallon area of O'Fallon, IL is a 1 Bed unit found at Lakewood Estates priced from $750. Green Door Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable OFallon apartments for rent in O'Fallon, IL:

Apartment ListingModel NameBed/BathPriced From
Lakewood Estates1 Bedroom1BR,1BA$750
Green Door ApartmentsSave up to $500 off Move In Costs with your EXC...1BR,1BA$1,000
Linwood ApartmentsTwo Bed One Bath2BR,1BA$1,000
Storyboard on Sugar PineSugar Pine B12BR,1BA$1,095
1118 E 3rd St2 Beds, 1 bath2BR,1BA$1,295
Storyboard on RockwoodRockwood B22BR,1BA$1,335
823 N Cherry St2 Beds, 1.5 Baths2BR,1BA$1,400
The Oasis at Hartman LakesOasis 1 Bedroom 1 Bath1BR,1BA$1,599
Green Mount LakesTiedmann2BR,2BA$1,620
Artisan1 Bedroom1BR,1BA$1,740

Best Value Apartments for Rent in OFallon, IL

As of June 22, 2026 the best value apartment in the OFallon area is the $1.55 price per square foot 2.2 Den, Gershwin Model at Brandywine in the in the OFallon neighborhood starting from $2,049. The second greatest value OFallon apartment is the Rockwood B1 Model at Storyboard on Rockwood starting at $1,440 with a $1.18 price per square foot in the OFallon neighborhood. Here is today’s list of the best values for OFallon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brandywine2.2 Den, Gershwin2BR,2BA$1.55
Storyboard on RockwoodRockwood B12BR,2BA$1.18
Thirteen01 at Hartman Lakes2 bedroom2BR,2BA$1.59
Green Mount LakesHolden2BR,2BA$1.43
823 N Cherry St2 Beds, 1.5 Baths2BR,1.5BA$1.26
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
Lakewood Estates1 Bedroom1BR,1BA$0.94
Green Door ApartmentsSave up to $500 off Move In Costs with your EXC...1BR,1BA$1.43

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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Best Local Schools in
Ofallon, O'Fallon, IL

School data provided by Great Schools

Frequently Asked Questions about Cheap OFallon Apartments

How much is rent for a Cheap One Bedroom OFallon Apartment?

The lowest price for a Cheap One Bedroom OFallon Apartment is $750 at Lakewood Estates.

What is the lowest price for a Cheap Two Bedroom OFallon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in OFallon is starting from $1,000 at Linwood Apartments.

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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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.

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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.