Cheap Apartments for Rent in the Downtown Rock Island Neighborhood of Rock Island, IL from $400 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Rock Island area of Rock Island.

property at 1819 17th St
$725 - $775
1 Bedroom Rentals
Available Now

1819 17th St

Rock IslandIL61201
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2504 15th St, Unit 2
$760

Total Monthly Price

Base Rent$760

Total Monthly Price$760
1 Bedroom Apartment Available Now

2504 15th St, Unit 2

2504 15th StRock Island, IL 61201
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property at 2824 8th Ave
$775
2 Bedroom Rentals
Available Now

2824 8th Ave

Rock IslandIL61201
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737 17th St, Unit 4
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom Apartment Available Now

737 17th St, Unit 4

737 17th StRock Island, IL 61201
Cost Per Sq.Ft.
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701 31st St, Unit B
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
1 Bedroom Apartment Available Now

701 31st St, Unit B

701 31st StRock Island, IL 61201
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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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Spencer Towers
1 Bedroom Apartments

Spencer Towers

111 20th StRock Island, IL 61201
  • Utilities Included
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Coventry Apartments
1 Bedroom Apartments

Coventry Apartments

1900 6th AveRock Island, IL 61201
Senior Living
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The Locks
1 to 2 Bedroom Apartments

The Locks

100 20th StRock Island, IL 61201
  • Utilities Included

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.

property at 1012 Bridge Ave
$700
1 Bedroom Rentals
Available Now
Affordability

1012 Bridge Ave

DavenportIA52803
property at 1411 Bridge Ave
$775
2 Bedroom Rentals
Available Now
Affordability

1411 Bridge Ave

DavenportIA52803

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.

property at 1736 Davie St
$825

Total Monthly Price

Base Rent$825

Total Monthly Price$825
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1736 Davie St, Unit 0

1736 Davie St
DavenportIA52804
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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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Fejervary
1 Bedroom Apartments

Fejervary

124 W 13th StDavenport, IA 52803
  • Utilities Included

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.

Downtown Rock Island, Rock Island, IL Local Guide

Cheapest Available Downtown Rock Island Apartments for Rent

 

The cheapest available apartment rental in the Downtown Rock Island area of Rock Island, IL is a 1 Bed unit found at RIVERWALK LOFTS priced from $650. 314 E 11th St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here are the most affordable Downtown Rock Island apartments for rent in Rock Island, IL:

Apartment ListingModel NameBed/BathPriced From
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$650
314 E 11th St2 bed 1 Bath2BR,1BA$650
811 E 14th St1BR/1.0BA1BR,1BA$700
WAH10121BR/1.0BA1BR,1BA$700
La Petite Academy1BR/1.0BA1BR,1BA$700
Carriage Hill1BR/1.0BA1BR,1BA$775
730 Brown Street2BR/1.0BA2BR,1BA$800
Pershing Hill LoftsStudioStudio,1BA$818
Crescent LoftsIncome Restricted1BR,1BA$824

Best Value Apartments for Rent in Downtown Rock Island, IL

As of September 09, 2026 the best value apartment in the Downtown Rock Island area is the $0.92 price per square foot 2 Bedroom / 1 Bath Model at Pierce School Lofts in the in the Vander Veer Park neighborhood starting from $1,325. The second greatest value Downtown Rock Island apartment is the 1bd/1ba Model at Davenport Bank Apartments starting at $1,250 with a $1.04 price per square foot in the Vander Veer Park neighborhood. Here is today’s list of the best values for Downtown Rock Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pierce School Lofts2 Bedroom / 1 Bath2BR,1BA$0.92
Davenport Bank Apartments1bd/1ba1BR,1BA$1.04
2900 8 1/2 Ave, Unit 222900 8 1/2 Ave3BR,2BA$1.00
Bucktown Lofts1 BR/ 1 BA1BR,1BA$0.84
730 Brown Street2BR/1.0BA2BR,1BA$0.80
737 17th St, Unit 4737 17th St2BR,1BA$1.00
314 E 11th St2 bed 1 Bath2BR,1BA$0.81
811 E 14th St1BR/1.0BA1BR,1BA$0.98
WAH10121BR/1.0BA1BR,1BA$1.00
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.99

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Pet Friendly Lifestyle
Downtown Rock Island, Rock Island, IL

Ranked #5

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Rock Island Apartments

What is a cheap apartment in Downtown Rock Island?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Rock Island is under $824.

What is the price of a cheap apartment in Downtown Rock Island?

The cheapest apartment in Downtown Rock Island is RIVERWALK LOFTS which is listed at $650, while the average apartment in Downtown Rock Island costs $1,045.

What types of apartments are the cheapest in Downtown Rock Island?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Downtown Rock Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Rock Island?

Cheap apartments in Downtown Rock Island have an average cost of $233 which is $812 cheaper than the average rent for all rentals in Downtown Rock Island.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.