Cheap Apartments for Rent near Pearl, IL from $300 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in Pearl.

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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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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Creekside Apartments
1 to 2 Bedroom Apartments

Creekside Apartments

121 Cole BlvdSt. Charles, MO 63301
  • Utilities Included
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The Tide
1 to 2 Bedroom Apartments

The Tide

700 Marina DrSt. Charles, MO 63301
  • Utilities Included

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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Fox Hill
1 to 4 Bedroom Apartments

Fox Hill

3100 Fox Chase DrSt. Charles, MO 63301
  • Utilities Included
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Reserve at Spencer
1 to 3 Bedroom Apartments

Reserve at Spencer

4000 Ryleigh Reserve LnSt. Peters, MO 63376

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 1-39, Page 1 of 1

Pearl, IL Local Guide

Cheapest Available Pearl Apartments for Rent and Nearby

 

The cheapest available apartment rental in Pearl, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $485. Laborer's Home Development IV, For Age 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable Pearl apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jacksonville Affordable Housing1 Bedroom 50%1BR,1BA$485
Laborer's Home Development IV, For Age 62+1 BR1BR,1BA$830
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$850
Sunbrook ApartmentsMagnolia PremiumStudio,1BA$928
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$970
Casalon Parkway Apartments1 Bedroom / Phase 31BR,1BA$1,007
Beardstown Apartments2 Bedroom2BR,1BA$1,146
Ridgewood Village1A1BR,1BA$1,210
Peine LakesThe Bryant2BR,2BA$1,287
Savannah Ridge Apartments2 Bedroom Garden2BR,2BA$1,291

Best Value Apartments for Rent in Pearl, IL and Nearby

As of July 26, 2026 the best value apartment in the Pearl area is the $1.31 price per square foot Townhomes Exterior Phase B Model at Quail Run Apartments and Townhomes in the in the Lincoln County neighborhood starting from $1,900. The second greatest value Pearl apartment is the 2BR/ 2BA Renovated Model at Turnberry Place Apartments starting at $1,720 with a $1.61 price per square foot in the Brighton Park neighborhood. Here is today’s list of the best values for Pearl apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Quail Run Apartments and TownhomesTownhomes Exterior Phase B3BR,2.5BA$1.31
Turnberry Place Apartments2BR/ 2BA Renovated2BR,2BA$1.61
Peine LakesThe Bryant2BR,2BA$1.43
Savannah Ridge Apartments2 Bedroom Garden2BR,2BA$1.36
Thornwood ApartmentsWildrose1BR,1BA$1.51
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.12
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$1.03
Casalon Parkway Apartments1 Bedroom / Phase 31BR,1BA$1.34
Jacksonville Affordable Housing1 Bedroom 60%1BR,1BA$0.88
Laborer's Home Development IV, For Age 62+1 BR1BR,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

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Pearl, IL Rentals by Map

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Frequently Asked Questions about Cheap Pearl Apartments

What is the Cheapest Studio apartment in Pearl?

Currently the most affordable Cheap Studio Apartment in Pearl is at Sunbrook Apartments listed at $928.

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

The lowest price for a Cheap One Bedroom Pearl Apartment is $485 at Jacksonville Affordable Housing.

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

Today's best deal for a Cheap Two Bedroom Apartment in Pearl is starting from $540 at Jacksonville Affordable Housing.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

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

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.