
Cheap Apartments for Rent in the Old Town Chicago Neighborhood of Rock Island, IL from $400 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town Chicago area of Rock Island.


Total Monthly Price
810 22nd St, Unit Upper

1819 17th St

Total Monthly Price
2504 15th St, Unit 2

1534 15th St

2824 8th Ave

Total Monthly Price
737 17th St, Unit 4

Total Monthly Price
701 31st St, Unit B

Marquee Apartments

Spencer Towers
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.

Coventry Apartments

2323-3030 31st Ave

The Locks

1326 38th St

229 Scott St

602 E 14th St

Harrison Lofts

RIVERWALK LOFTS

314 E 11th St

1202 N Brady St
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.

1012 Bridge Ave

611 N Perry St

916 Bridge Ave

1006-1012 Oneida Ave

Carriage Hill

1411 Bridge Ave

Sherwood Forest Apartments

730 Brown St

Pershing Hill Lofts

Apartments on Main
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.

524 Lincoln Ct

Total Monthly Price
2344 W 3rd St, Unit 2344

Union Arcade Building

Vue at 7th

Urbane 210

The Roosevelt

Federal Point

Halligan Coffee Company Lofts

Cruys Lofts

Bucktown Lofts
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.

Mississippi Lofts

The Penthouse Davenport

401 Brady St

Marycrest Senior Apartments

Fejervary

The Davenport

Kahl Lofts

Andresen Flats

811 E 14th St

Schricker Apartments
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.
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 | $960 | $550 | $1,315 |
| Old Town Chicago 1 Bedroom Apartments | $1,096 | $615 | $1,900 |
| Old Town Chicago 2 Bedroom Apartments | $1,268 | $650 | $2,300 |
| Old Town Chicago 3 Bedroom Apartments | $1,605 | $781 | $3,300 |
| Old Town Chicago 4 Bedroom Apartments | $967 | $930 | $1,005 |
Browse Apartments in this Neighborhood
There are currently 64 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
- Nearby Cities
- ZIP codes
- Local Counties
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 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 Old Town Chicago apartments for rent in Rock Island, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $650 |
| 314 E 11th St | 2 bed 1 Bath | 2BR,1BA | $650 |
| 811 E 14th St | 1BR/1.0BA | 1BR,1BA | $700 |
| WAH1012 | 1BR/1.0BA | 1BR,1BA | $700 |
| La Petite Academy | 1BR/1.0BA | 1BR,1BA | $700 |
| Carriage Hill | 1BR/1.0BA | 1BR,1BA | $775 |
| 730 Brown Street | 2BR/1.0BA | 2BR,1BA | $800 |
| Pershing Hill Lofts | Studio | Studio,1BA | $818 |
| Crescent Lofts | Income Restricted | 1BR,1BA | $824 |
Best Value Apartments for Rent in Old Town Chicago, IL
As of September 09, 2026 the best value apartment in the Old Town Chicago area is the $0.34 price per square foot 2344 W 3rd St Model at 2344 W 3rd St, Unit 2344 in the in the Douglas Park neighborhood starting from $875. The second greatest value Old Town Chicago apartment is the 2900 8 1/2 Ave Model at 2900 8 1/2 Ave, Unit 22 starting at $1,200 with a $1.00 price per square foot in the Hamilton Heights 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. |
|---|---|---|---|
| 2344 W 3rd St, Unit 2344 | 2344 W 3rd St | 2BR,2BA | $0.34 |
| 2900 8 1/2 Ave, Unit 22 | 2900 8 1/2 Ave | 3BR,2BA | $1.00 |
| Davenport Bank Apartments | 1bd/1ba | 1BR,1BA | $1.04 |
| Bucktown Lofts | 1 BR/ 1 BA | 1BR,1BA | $0.84 |
| 730 Brown Street | 2BR/1.0BA | 2BR,1BA | $0.80 |
| 737 17th St, Unit 4 | 737 17th St | 2BR,1BA | $1.00 |
| 314 E 11th St | 2 bed 1 Bath | 2BR,1BA | $0.81 |
| 811 E 14th St | 1BR/1.0BA | 1BR,1BA | $0.98 |
| WAH1012 | 1BR/1.0BA | 1BR,1BA | $1.00 |
| 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 ArticleNavigating 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.
Read ArticleReal 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 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 #3
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 $824.
What is the price of a cheap apartment in Old Town Chicago?
The cheapest apartment in Old Town Chicago is RIVERWALK LOFTS which is listed at $650, while the average apartment in Old Town Chicago costs $1,045.
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 12 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 $246 which is $799 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

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.

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.

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.

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.