
Cheap Apartments for Rent in the Old Town Chicago Neighborhood of Rock Island, IL from $400 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town Chicago area of Rock Island.


2723 6th Ave

2824 8th Ave
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.

Harrison Lofts

RIVERWALK LOFTS

707 N Brady St

1012 Bridge Ave
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.

1011 N Ripley St

432 W 3rd St

Apartments on Main

611 N Perry St

411 E 8th St

1603 W 10th St
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.

1320 Brown St

Sherwood Forest Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Old Town Chicago, Rock Island, IL Local Guide

How much does it cost to rent an apartment in Old Town Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Town Chicago Studio Apartments | $978 | $627 | $1,900 |
| Old Town Chicago 1 Bedroom Apartments | $1,055 | $615 | $1,745 |
| Old Town Chicago 2 Bedroom Apartments | $1,232 | $710 | $2,290 |
| Old Town Chicago 3 Bedroom Apartments | $1,352 | $775 | $2,400 |
| Old Town Chicago 4 Bedroom Apartments | $1,121 | $930 | $1,499 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Old Town Chicago Neighborhood of Rock Island, IL.
See all Apartments in Rock IslandExplore Rock Island
Old Town Chicago, Rock Island, IL Local Guide
- Nearby Rock Island neighborhoods
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Cheapest Available Old Town Chicago Apartments for Rent
 The cheapest available apartment rental in the Old Town Chicago area of Rock Island, IL is a 1 Bed unit found at Century Woods Apartments priced from $615. Carriage Hill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here are the most affordable Old Town Chicago apartments for rent in Rock Island, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Century Woods Apartments | 1 BR 1 Bath | 1BR,1BA | $615 |
| Carriage Hill | 1BR/1.0BA | 1BR,1BA | $625 |
| Harrison Lofts | Studio - 40% | Studio,1BA | $627 |
| RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $650 |
| Apartments on Main | Studio | Studio,1BA | $750 |
| Sherwood Forest Apartments | 1BR/1BA | 1BR,1BA | $795 |
| Pershing Hill Lofts | Studio | Studio,1BA | $818 |
Best Value Apartments for Rent in Old Town Chicago, IL
As of December 28, 2025 the best value apartment in the Old Town Chicago area is the $0.74 price per square foot 1 BR/ 1 BA Model at Bucktown Lofts in the in the Vander Veer Park neighborhood starting from $998. The second greatest value Old Town Chicago 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 Old Town Chicago apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bucktown Lofts | 1 BR/ 1 BA | 1BR,1BA | $0.74 |
| Davenport Bank Apartments | 1bd/1ba | 1BR,1BA | $1.04 |
| Gordon-Van Tine Commons | 1 Bedroom | 1BR,1BA | $0.98 |
| Democrat Lofts | 1x1 | 1BR,1BA | $1.01 |
| 2504 15th St, Unit 4 | 2504 15th St | 2BR,1BA | $0.91 |
| 1701 25th St, Unit 4 | 1701 25th St | 2BR,1BA | $0.96 |
| Sherwood Forest Apartments | 1BR/1BA | 1BR,1BA | $1.05 |
| Century Woods Apartments | 1 BR 1 Bath | 1BR,1BA | $0.82 |
| Carriage Hill | 1BR/1.0BA | 1BR,1BA | $0.88 |
| RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,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.
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.
Pet Friendly LifestyleOld Town Chicago, Rock Island, IL
Ranked #7
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Old Town Chicago Apartments
What is a cheap apartment in Old Town Chicago?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Town Chicago is under $818.
What is the price of a cheap apartment in Old Town Chicago?
The cheapest apartment in Old Town Chicago is Century Woods Apartments which is listed at $615, while the average apartment in Old Town Chicago costs $1,185.
What types of apartments are the cheapest in Old Town Chicago?
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 15 regular apartments in Old Town Chicago 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 Old Town Chicago?
Cheap apartments in Old Town Chicago have an average cost of $274 which is $911 cheaper than the average rent for all rentals in Old Town Chicago.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!













