
Cheap Homes for Rent in OFallon Neighborhood of O'Fallon, IL from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the OFallon area of O'Fallon.


5 Sarpy Rd

822 White Oak Dr
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.

702 S Lincoln Ave

120 Dean Ave

166 Eagle Ridge
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 | $1,642 | $1,195 | $2,400 |
| OFallon 3 Bedroom Homes for Rent | $1,940 | $1,250 | $2,700 |
| OFallon 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| OFallon 5 Bedroom Homes for Rent | $4,399 | $4,399 | $4,399 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the OFallon Neighborhood of O'Fallon, IL.
Explore O'Fallon
OFallon, O'Fallon, IL Local Guide
- Nearby O'Fallon neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 April 16, 2026 the best value apartment in the OFallon area is the $1.51 price per square foot Attached Floorplan Model at The Villas at Hartman Lakes in the in the OFallon neighborhood starting from $2,800. The second greatest value OFallon apartment is the Carol Ann C1 Model at Storyboard on Carol Ann starting at $2,235 with a $1.24 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. |
|---|---|---|---|
| The Villas at Hartman Lakes | Attached Floorplan | 2BR,2BA | $1.51 |
| Storyboard on Carol Ann | Carol Ann C1 | 3BR,2.5BA | $1.24 |
| Brandywine | 2.2 Den, Gershwin | 2BR,2BA | $1.88 |
| Parkway Lakeside | Boulder | 2BR,2BA | $1.61 |
| Thirteen01 at Hartman Lakes | 2 bedroom | 2BR,2BA | $1.59 |
| Cantwell Crossing Apartments and Townhomes | Renovated 2 Bedroom | 2BR,2BA | $1.42 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Brookside Manor- O'Fallon, IL | Erin Lee- 2 bedroom | 2BR,1.5BA | $1.32 |
| Artisan | 1 Bedroom | 1BR,1BA | $1.89 |
| Lakewood Estates | 1 Bedroom | 1BR,1BA | $0.94 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
Fulton Jr High School
School data provided by Great Schools
Frequently Asked Questions about OFallon
What type of rentals are currently available in OFallon?
There are currently 76 Apartments for Rent in OFallon, IL with pricing that ranges from $800 to $2,745. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in OFallon ranging from $775 to $4,399.
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 $775 to $4,399 with an average monthly rent of $2,469.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.