
Cheap Homes for Rent in OFallon Neighborhood of O'Fallon, IL from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the OFallon area of O'Fallon.


106 Lee Dr

164 Eagle Ridge

2208 Richland Prairie Blvd, Unit 2208
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.

18 Sarpy Rd

308 Biggs Dr

210 Howard Dr

1311 W Hwy 50
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.
OFallon, O'Fallon, IL Local Guide

How much does it cost to rent a home in OFallon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| OFallon 2 Bedroom Homes for Rent | $1,420 | $1,025 | $1,950 |
| OFallon 3 Bedroom Homes for Rent | $1,961 | $1,350 | $2,600 |
| OFallon 4 Bedroom Homes for Rent | $3,050 | $2,500 | $3,900 |
| OFallon 6 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
| OFallon 7 Bedroom Homes for Rent | $3,329 | $3,329 | $3,329 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the OFallon Neighborhood of O'Fallon, IL.
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OFallon, O'Fallon, IL Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakewood Estates | 1 Bedroom | 1BR,1BA | $750 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $1,000 |
| Storyboard on Rockwood | Rockwood A1 | 1BR,1BA | $1,085 |
Best Value Apartments for Rent in OFallon, IL
As of June 01, 2026 the best value apartment in the OFallon area is the $1.24 price per square foot Carol Ann C1 Model at Storyboard on Carol Ann in the in the OFallon neighborhood starting from $2,235. The second greatest value OFallon apartment is the O Fallon Model at Green Mount Lakes starting at $2,253 with a $1.69 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Storyboard on Carol Ann | Carol Ann C1 | 3BR,2.5BA | $1.24 |
| Green Mount Lakes | O Fallon | 3BR,2BA | $1.69 |
| Brandywine | 2.2 Den, Gershwin | 2BR,2BA | $1.88 |
| Thirteen01 at Hartman Lakes | 2 bedroom | 2BR,2BA | $1.59 |
| Cantwell Crossing Apartments and Townhomes | Renovated 2 Bedroom | 2BR,2BA | $1.39 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| 1118 E 3rd St | 2 Beds, 1 bath | 2BR,1BA | $1.18 |
| Storyboard on Rockwood | Rockwood B2 | 2BR,1.5BA | $1.34 |
| Storyboard on Sugar Pine | Sugar Pine B1 | 2BR,1BA | $1.12 |
| Lakewood Estates | 1 Bedroom | 1BR,1BA | $0.94 |
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 ArticleReal 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 ArticleQuick 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.
Best Local Schools in Ofallon, O'Fallon, IL
School data provided by Great Schools
Frequently Asked Questions about OFallon
What type of rentals are currently available in OFallon?
There are currently 81 Apartments for Rent in OFallon, IL with pricing that ranges from $800 to $2,795. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in OFallon ranging from $675 to $3,900.
What is the current price range for Rental Homes in OFallon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in OFallon ranges from $675 to $3,900 with an average monthly rent of $2,273.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.