
Cheap Apartments for Rent in the Old Town Chicago Neighborhood of Rock Island, IL from $400 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Town Chicago area of Rock Island.


1906 24th St

3920 14th Ave

1615 26th St

1515 26th St, Unit Apt #C

3529 12th Ave

1534 15th 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.

2323-3030 31st Ave

229 Scott St

1712 W 7th St

Carriage Hill 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.

Harrison Lofts

1206 N Perry St

1012 Bridge Ave

2216 W 3rd St, Unit DOWNSTAIRS

217 E 14th St

Sherwood Forest Apartments

Federal Point

1504 Arlington Ave

1220 W 5th St
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.

Pershing Hill Lofts

308 S Lincoln Ave

Union Arcade Building

Mississippi Lofts
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 | $966 | $550 | $1,900 |
Old Town Chicago 1 Bedroom Apartments | $1,051 | $625 | $1,810 |
Old Town Chicago 2 Bedroom Apartments | $1,255 | $675 | $2,875 |
Old Town Chicago 3 Bedroom Apartments | $1,607 | $1,000 | $2,400 |
Old Town Chicago 4 Bedroom Apartments | $1,295 | $1,195 | $1,395 |
Browse Apartments in this Neighborhood
There are currently 43 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
- School Districts
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 $620. Carriage Hill Apartments 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 |
---|---|---|---|
RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $620 |
Carriage Hill Apartments | 1 Bedroom | 1BR,1BA | $625 |
Harrison Lofts | Studio - 40% | Studio,1BA | $627 |
Sherwood Forest Apartments | 1BR/1BA | 1BR,1BA | $750 |
Crescent Lofts | Income Restricted | 1BR,1BA | $760 |
Best Value Apartments for Rent in Old Town Chicago, IL
As of June 01, 2025 the best value apartment in the Old Town Chicago area is the $0.62 price per square foot 1x1 Model at Democrat Lofts in the in the Vander Veer Park neighborhood starting from $900. The second greatest value Old Town Chicago apartment is the 2bd/2ba Model at Davenport Bank Apartments starting at $1,400 with a $1.00 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. |
---|---|---|---|
Democrat Lofts | 1x1 | 1BR,1BA | $0.62 |
Davenport Bank Apartments | 2bd/2ba | 2BR,2BA | $1.00 |
2900 8 1/2 Ave, Unit 22 | 2900 8 1/2 Ave | 3BR,2BA | $0.83 |
2512 18th Ave, Unit Half | 2512 18th Ave | 2BR,1BA | $0.91 |
2216 W 3rd St, Unit DOWNSTAIRS | 2216 W 3rd St | 1BR,1BA | $0.76 |
1515 26th St, Unit Apt #C | 1515 26th St | 1BR,1BA | $0.80 |
Sherwood Forest Apartments | 1BR/1BA | 1BR,1BA | $0.99 |
Carriage Hill Apartments | 1 Bedroom | 1BR,1BA | $0.88 |
2123 16th St, Unit Studio 1 | 2123 16th St | Studio ,1BA | $0.89 |
RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $0.95 |
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.
Pet Friendly LifestyleOld Town Chicago, Rock Island, IL
Ranked #14
Among neighborhoods in Rock Island, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Old Town Chicago Neighborhood in Rock Island, IL
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
63 / 100
Bikeable
Some bike infrastructure
Transit Score®
44 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $760.
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 $620, while the average apartment in Old Town Chicago costs $1,700.
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 $212 which is $1,488 cheaper than the average rent for all rentals in Old Town Chicago.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.