Cheap Apartments for Rent in Perks, IL from $400 (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
413 W Main St
1 to 4 Bedroom Apartments

413 W Main St

405 S Graham AveCarbondale, IL 62901
Corporate Housing

Cash 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 Article
close
View Me
Lone Oak Villas
2 Bedroom Apartments

Lone Oak Villas

710 Lone Oak RdPaducah, KY 42003
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
close
View Me
710 W Mill St
2 Bedroom Apartments

710 W Mill St

710 W Mill StCarbondale, IL 62901
Student Housing
  • Smoke Free

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
Showing Results 1-44, Page 1 of 1

Perks, IL Local Guide

Cheapest Available Perks Apartments for Rent and Nearby

 

The cheapest available apartment rental in Perks, IL is a Studio unit found at Campus Edge priced from $450. Saluki Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $460. Here is today’s list of the most affordable Perks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Campus EdgeStudioStudio,1BA$450
Saluki ApartmentsStudioStudio,1BA$460
THE QUADS APARTMENTS0BR/1.0BAStudio,1BA$500
ASHBURN COURT APARTMENTS1BR/1.0BA1BR,1BA$595
Schilling Property Management1 Bed, 1 bath1BR,1BA$600
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$625
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$735
Shawnee Village1 BR /1 BA 62 and Older1BR,1BA$846
Brookside Apartments2 Bedroom2BR,1BA$849
921 E Grand Ave2 Beds, 2.5 baths2BR,2BA$975

Best Value Apartments for Rent in Perks, IL and Nearby

As of May 07, 2026 the best value apartment in the Perks area is the $0.80 price per square foot 5 Bed House Model at Wedgewood Hills in the starting from $2,000. The second greatest value Perks apartment is the 3 Bedrooms Model at Grand Place Apartments starting at $1,185 with a $1.08 price per square foot . Here is today’s list of the best values for Perks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wedgewood Hills5 Bed House5BR,3BA$0.80
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
THE QUADS APARTMENTS3BR/1.0BA3BR,1BA$0.77
Brookside Apartments3 Bedroom3BR,1BA$1.05
921 E Grand Ave2 Beds, 2.5 baths2BR,2.5BA$1.05
Hawks LandingTwo Bedroom2BR,2BA$0.72
900 on ParkTwo Bedroom Furnished2BR,2BA$0.82
Storyboard at SIU2 x 1 Premium - Fall 2026- 12 Months2BR,1BA$1.13
Schilling Property Management1 Bed, 1 bath1BR,1BA$0.86
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$1.20

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

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

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

Explore Perks, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Perks, IL

View Map
Perks, IL Apartments Map
View Map
Perks, IL Rental Homes Map

Frequently Asked Questions about Cheap Perks Apartments

What is the Cheapest Studio apartment in Perks?

Currently the most affordable Cheap Studio Apartment in Perks is at Campus Edge listed at $450.

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

The lowest price for a Cheap One Bedroom Perks Apartment is $595 at ASHBURN COURT APARTMENTS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Perks is starting from $700 at Schilling Property Management.

What is the most affordable Perks Three Bedroom Apartment?

The best deal on a cheap Perks Three Bedroom Apartment rental is at Storyboard at SIU and starts from $650.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.