Cheap Apartments for Rent in Saint Elmo, IL from $300 (19 Rentals)

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

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.

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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.

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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920
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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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Newton Senior Housing
1 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
  • Utilities Included

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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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. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. 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
Rider Place1 Bedroom1BR,1BA$500
Arthur Ave Apartments1x11BR,1BA$610
Stones Crossing ApartmentsNice one bedroom efficiency apartment1BR,1BA$625
Centralia EstatesUnit 783BR,2BA$808

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

As of June 02, 2025 the best value apartment in the Saint Elmo area is the $0.41 price per square foot 3 Bedroom Model at The Millennium Apartments in the starting from $505. The second greatest value Saint Elmo apartment is the Unit 48 Model at Centralia Estates starting at $1,249 with a $1.03 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.
The Millennium Apartments3 Bedroom3BR,1BA$0.41
Centralia EstatesUnit 483BR,2BA$1.03
McKay Manor2 Bedroom2BR,1BA$0.53
Panther Heights2 Bed 2 Bath2BR,2BA$1.20
Royal Heights3 Person Occupancy3BR,1.5BA$1.11
2474 N Florian1st Floor2BR,1.5BA$1.13
Arthur Ave Apartments1x11BR,1BA$0.97
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69
Stones Crossing ApartmentsVery nice and updated one bedroom for rent!!!!!1BR,1BA$1.16
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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See the most popular apartments and homes in Saint Elmo, IL

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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 $524 at McKay Manor.

What is the most affordable Saint Elmo Three Bedroom Apartment?

The best deal on a cheap Saint Elmo Three Bedroom Apartment rental is at Rider Place and starts from $675.

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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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.

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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.

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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.

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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.