Cheap Apartments for Rent in Saint Elmo, IL from $300 (31 Rentals)

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920

The 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.

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Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

211 Joanie LnRobinson, IL 62454
Senior Living
  • Utilities Included
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McKay Manor
1 to 3 Bedroom Apartments

McKay Manor

1 McKay Manor DrBreese, IL 62230
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Newton Senior Housing
1 to 2 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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property at 205 North St

205 North St

RaymondIL62560
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Saint Elmo, IL Local Guide

Cheapest Available Saint Elmo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Saint Elmo, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Roosevelt School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $461. Here is today’s list of the most affordable Saint Elmo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$421
Roosevelt School Apartments1 Bedroom1BR,1BA$461
Rider Place1 Bedroom1BR,1BA$500
The Millennium Apartments3 Bedroom3BR,1BA$505
McKay Manor2 Bedroom2BR,1BA$548
Melrose and Brooklyn Heights Apartments2 Bed 1 Bath2BR,1BA$585
Arthur Ave Apartments1x11BR,1BA$610
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$625
Moundford Terrace1 Bedroom 1 Bath1BR,1BA$655
Prairie Hills1 Bedroom 1 Bath1BR,1BA$725

Best Value Apartments for Rent in Saint Elmo, IL and Nearby

As of September 19, 2025 the best value apartment in the Saint Elmo area is the $1.00 price per square foot 2Bed/2Bth Model at Parkstone Villas in the starting from $1,250. The second greatest value Saint Elmo apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 price per square foot . Here is today’s list of the best values for Saint Elmo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkstone Villas2Bed/2Bth2BR,2BA$1.00
The Millennium Apartments3 Bedroom3BR,1BA$0.41
BSB Apartments2 Bd Townhouse2BR,1.5BA$0.98
McKay Manor2 Bedroom2BR,1BA$0.55
2474 N FlorianUnit 112BR,1.5BA$1.06
Royal HeightsRoyal Heights 2 Bed w/ Study & 1.5 Bath3BR,1.5BA$0.95
Roosevelt School Apartments1 Bedroom1BR,1BA$0.61
Arthur Ave Apartments1x11BR,1BA$0.97
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69
Rider Place1 Bedroom1BR,1BA$0.92

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Saint Elmo, IL Rentals by Map

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Frequently Asked Questions about Cheap Saint Elmo Apartments

How much is rent for a Cheap One Bedroom Saint Elmo Apartment?

The lowest price for a Cheap One Bedroom Saint Elmo Apartment is $421 at RESERVE AT LAKEVIEW.

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

Today's best deal for a Cheap Two Bedroom Apartment in Saint Elmo is starting from $507 at RESERVE AT LAKEVIEW.

What is the most affordable Saint Elmo Three Bedroom Apartment?

The best deal on a cheap Saint Elmo Three Bedroom Apartment rental is at The Millennium Apartments and starts from $505.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.