Cheap Apartments for Rent in the OFallon Neighborhood of O'Fallon, IL from $515 (32 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 539 Ponderosa Ave
$1,400

Total Monthly Price

Base Rent$1,400

Total Monthly Price$1,400
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now

539 Ponderosa Ave, Unit 2

539 Ponderosa Ave
O'FallonIL62269
  • Smoke Free
close
View Me
Ansley Oaks Apartments
Studio to 2 Bedroom Apartments

Ansley Oaks Apartments

545 Donna DrO'Fallon, IL 62269
  • Utilities Included
close
View Me
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.

property at 104 Lee Dr
$900
2 Bedroom Rentals
Available Now
Affordability

104 Lee Dr

O'FallonIL62269
close
View Me
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.

close
View Me
Regency Manor
Studio to 2 Bedroom Apartments

Regency Manor

128 Regency ParkO'Fallon, IL 62269
Senior Living
  • Utilities Included
close
View Me
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.

close
View Me
818-874 Lincoln Hwy
1 Bedroom Apartments

818-874 Lincoln Hwy

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

215 anderson lane A

215-223 Anderson LnShiloh, IL 62221
  • Utilities Included
close
View Me
Yorkport Apartments
1 to 2 Bedroom Apartments

Yorkport Apartments

2421 Patrick DrShiloh, IL 62221
  • Utilities Included
close
View Me
Linwood Apartments
2 Bedroom Apartments

Linwood Apartments

113-115 Linwood DrBelleville, IL 62221
  • Utilities Included
close
View Me
6050 Old Collinsville Rd
2 Bedroom Apartments

6050 Old Collinsville Rd

6050 Old Collinsville RdFairview Heights, IL 62208
  • Utilities Included
close
View Me
Linwood Apartments
2 Bedroom Apartments

Linwood Apartments

113 Linwood DrBelleville, IL 62221
  • 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.

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 $825. Storyboard on Rockwood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,085. Here are the most affordable OFallon apartments for rent in O'Fallon, IL:

Apartment ListingModel NameBed/BathPriced From
Wilson ApartmentsTwo Bedroom - No Laundry2BR, 1BA$825
Storyboard on RockwoodRockwood A11BR, 1BA$1,085
1118 E 3rd St2 Beds, 1 bath2BR, 1BA$1,295
Storyboard on Sugar PineSugar Pine C13BR, 2BA$1,375
Brookside Manor- O'Fallon, ILBradley Middle- 2 bedroom2BR, 1BA$1,425
Green Mount LakesCartier1BR, 1BA$1,431
Statewood ManorDuplex2BR, 1BA$1,450
Cantwell Crossing Apartments and Townhomes2 Bedroom Garden2BR, 2BA$1,494
Parkway LakesideAspen1BR, 1BA$1,584
Storyboard on Carol AnnCarol Ann B22BR, 2BA$1,610

Best Value Apartments for Rent in OFallon, IL

As of September 29, 2026 the best value apartment in the OFallon area is the $1.01 price per square foot Sugar Pine C1 Model at Storyboard on Sugar Pine in the O'Fallon neighborhood starting from $1,375. The second greatest value OFallon apartment is the Carol Ann B2 Model at Storyboard on Carol Ann in the O'Fallon neighborhood starting at $1,610 with a $1.34 price per square foot. 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.
Storyboard on Sugar PineSugar Pine C13BR, 2BA$1.01
Storyboard on Carol AnnCarol Ann B22BR, 2BA$1.34
Thirteen01 at Hartman Lakes2 bedroom2BR, 2BA$1.46
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
Storyboard on RockwoodRockwood B22BR, 1.5BA$1.34
Brookside Manor- O'Fallon, ILBradley Middle- 2 bedroom2BR, 1.5BA$1.44
Green Door Apartments2BR/1B2BR, 1BA$1.28
Wilson ApartmentsTwo Bedroom - No Laundry2BR, 1BA$1.10

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.

Read Article
Decorative image

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.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 $1,085 at Storyboard on Rockwood.

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 $825 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

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.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.