Cheap Apartments for Rent in the OFallon Neighborhood of O'Fallon, IL from $500 (36 Rentals)

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

property at 431 Colleen Dr

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375
Total Monthly Price
$1,375

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

431 Colleen Dr

O'FallonIL62269

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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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
property at 106 Lee Dr

$900

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

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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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

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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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

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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Showing Results 1-36, 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 2 Beds unit found at Wilson Apartments priced from $875. Linwood Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,000. Here are the most affordable OFallon apartments for rent in O'Fallon, IL:

Apartment ListingModel NameBed/BathPriced From
Wilson ApartmentsTwo Bedroom - Laundry In Unit2BR,1BA$875
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 Park EntrancePark Entrance B22BR,2BA$1,379
Statewood ManorDuplex2BR,1BA$1,450
Green Mount LakesCartier1BR,1BA$1,476
Cantwell Crossing Apartments and Townhomes2 Bedroom Garden2BR,2BA$1,494
Brookside Manor- O'Fallon, ILErin Lee- 2 bedroom2BR,1BA$1,500
The Oasis at Hartman LakesOasis 1 Bedroom 1 Bath1BR,1BA$1,700

Best Value Apartments for Rent in OFallon, IL

As of August 14, 2026 the best value apartment in the OFallon area is the $1.69 price per square foot 2.2 Den, Copeland Model at Brandywine in the in the O'Fallon neighborhood starting from $2,254. The second greatest value OFallon apartment is the Park Entrance B2 Model at Storyboard on Park Entrance starting at $1,379 with a $1.15 price per square foot in the O'Fallon 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, Copeland2BR,2BA$1.69
Storyboard on Park EntrancePark Entrance B22BR,2BA$1.15
Thirteen01 at Hartman Lakes2 bedroom2BR,2BA$1.46
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
Statewood ManorDuplex2BR,1BA$1.32
1118 E 3rd St2 Beds, 1 bath2BR,1BA$1.18
Cantwell Crossing Apartments and TownhomesRenovated 2 Bedroom2BR,2BA$1.47
Brookside Manor- O'Fallon, ILErin Lee- 2 bedroom2BR,1.5BA$1.39
Storyboard on Sugar PineSugar Pine B12BR,1BA$1.12
Wilson ApartmentsTwo Bedroom - Laundry In Unit2BR,1BA$1.17

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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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 $1,476 at Green Mount Lakes.

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 $875 at Wilson 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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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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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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.