Cheap Apartments for Rent in Rio, IL from $400 (47 Rentals)

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

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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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.

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Spencer Towers
1 Bedroom Apartments

Spencer Towers

111 20th StRock Island, IL 61201
  • Utilities Included

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.

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Williamsburg Apartments
1 to 2 Bedroom Apartments

Williamsburg Apartments

1072 Olive StGalesburg, IL 61401
Corporate Housing
  • Utilities Included
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443 2nd Ave D
1 Bedroom Apartments

443 2nd Ave D

443 2nd Avenue DSilvis, IL 61282
Corporate Housing
  • 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.

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Valley View
1 to 3 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included
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2323-3030 31st Ave
2 Bedroom Apartments

2323-3030 31st Ave

2323-3030 31st AveRock Island, IL 61201
  • Utilities Included

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.

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Rio, IL Local Guide

Cheapest Available Rio Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rio, IL is a 2 Beds unit found at Mayfair Manor priced from $525. Century Woods Apartments in the Saukie neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $615. Here is today’s list of the most affordable Rio apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mayfair Manor2x12BR,1BA$525
Century Woods Apartments1 BR 1 Bath1BR,1BA$615
The Avenues At East Moline1 bed 1 Bath1BR,1BA$670
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$805
Pine Ridge1-sycam1BR,1BA$810
Timber Ridge Apartments1BR/1.0BA1BR,1BA$825
LN9241BR/1.0BA1BR,1BA$825
Moline High School Lofts1 Bedroom 1 Bath1BR,1BA$850
Eagle Ridge Apartments1BR/1.0BA1BR,1BA$850
Sanders ApartmentsStudioStudio,1BA$916

Best Value Apartments for Rent in Rio, IL and Nearby

As of May 25, 2026 the best value apartment in the Rio area is the $1.07 price per square foot b1r Model at Homewood Manor in the in the Villa Park neighborhood starting from $1,225. The second greatest value Rio apartment is the 2 bed Model at Downtown Townhomes starting at $950 with a $0.95 price per square foot in the Downtown Moline neighborhood. Here is today’s list of the best values for Rio apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Homewood Manorb1r2BR,1.5BA$1.07
Downtown Townhomes2 bed2BR,1BA$0.95
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$0.86
Crowne ForestTwo Bedroom2BR,2BA$1.18
Moline High School Lofts1 Bedroom 1 Bath1BR,1BA$1.06
Eagle Ridge Apartments1BR/1.0BA1BR,1BA$1.07
Pine Ridge2-willow2BR,1BA$1.21
Century Woods Apartments1 BR 1 Bath1BR,1BA$0.82
Timber Ridge Apartments1BR/1.0BA1BR,1BA$1.19
The Avenues At East Moline1 bed 1 Bath1BR,1BA$1.22

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 Rio, IL Rentals by Map

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See the most popular apartments and homes in Rio, IL

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Frequently Asked Questions about Cheap Rio Apartments

What is the Cheapest Studio apartment in Rio?

Currently the most affordable Cheap Studio Apartment in Rio is at Sanders Apartments listed at $916.

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

The lowest price for a Cheap One Bedroom Rio Apartment is $615 at Century Woods Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Rio is starting from $525 at Mayfair Manor.

What is the most affordable Rio Three Bedroom Apartment?

The best deal on a cheap Rio Three Bedroom Apartment rental is at Century Woods Apartments and starts from $815.

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.

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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.

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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.

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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.