
Cheap Apartments for Rent in Steeleville, IL from $400 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Steeleville.


Meadow Ridge Townhomes

Storyboard at SIU

Cornerstone Place

ASHBURN COURT APARTMENTS

Saluki Apartments

THE QUADS APARTMENTS
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.

Schilling Property Management

Alpha Property Management (Alpha Rentals)

Saint Germain Square

University Mall and Walnut Street Apartments

Brookside Apartments

Wedgewood Hills

G&R Rentals

The Metropolitan
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.

Pine Shores Rentals

921 E Grand Ave

Georgetown Apartments

Aspen Court Apartments

Bouse Apartment Homes

Gaslite Apartments

The Hill Apartments

Home Rentals Corporation
Cash 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.

413 W Main St

Bradford Place & Ansley Oaks Apartments

709 S Poplar St

304 N Main St

700 N Carico St

317 E Mill St

606 W College St

50 Orchard Dr
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.

500 S Washington St

711 S Poplar St

513 S Ash St

1009 Briarwood Rd

79 Tyler Ter

43 Chelsea Ln

710 W Mill St

3 Briarwood Rd
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.

510 S Poplar St

216 S Pecan St
Steeleville, IL Local Guide

How much does it cost to rent an apartment in Steeleville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Steeleville Studio Apartments | $477 | $450 | $625 |
| Steeleville 1 Bedroom Apartments | $791 | $200 | $1,575 |
| Steeleville 2 Bedroom Apartments | $1,081 | $625 | $1,575 |
| Steeleville 3 Bedroom Apartments | $1,245 | $650 | $2,300 |
| Steeleville 4 Bedroom Apartments | $1,241 | $295 | $2,080 |
Browse Top Apartments in Steeleville
See all Apartments in SteelevilleExplore Steeleville
Steeleville, IL Local Guide
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Cheapest Available Steeleville Apartments for Rent and Nearby
 The cheapest available apartment rental in Steeleville, IL is a Studio unit found at Campus Edge priced from $450. Saluki Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $460. Here is today’s list of the most affordable Steeleville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Campus Edge | Studio | Studio,1BA | $450 |
| Saluki Apartments | Studio | Studio,1BA | $460 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $495 |
| Perryville Senior Apartments | Efficiency | Studio,1BA | $575 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $625 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $735 |
| Pine Shores Rentals | B1 - 2BR | 2BR,1BA | $750 |
| Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $845 |
| ASHBURN COURT APARTMENTS | 2BR/1.0BA | 2BR,1BA | $850 |
Best Value Apartments for Rent in Steeleville, IL and Nearby
As of June 11, 2026 the best value apartment in the Steeleville area is the $1.33 price per square foot Shan B2 Model at Storyboard on Shan in the in the Metro East neighborhood starting from $1,504. The second greatest value Steeleville apartment is the 3 Bedrooms Model at Grand Place Apartments starting at $1,185 with a $1.08 price per square foot . Here is today’s list of the best values for Steeleville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Storyboard on Shan | Shan B2 | 2BR,2BA | $1.33 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| Cedar Creek Rentals | Cedar Creek 1 | 2BR,1BA | $1.25 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| Pine Shores Rentals | B1 - 2BR | 2BR,1BA | $1.19 |
| Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $1.36 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $1.20 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $1.39 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Steeleville, IL Rentals by Map
See the most popular apartments and homes in Steeleville, IL
Frequently Asked Questions about Cheap Steeleville Apartments
What is the Cheapest Studio apartment in Steeleville?
Currently the most affordable Cheap Studio Apartment in Steeleville is at Campus Edge listed at $450.
How much is rent for a Cheap One Bedroom Steeleville Apartment?
The lowest price for a Cheap One Bedroom Steeleville Apartment is $600 at Schilling Property Management.
What is the lowest price for a Cheap Two Bedroom Steeleville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Steeleville is starting from $700 at Schilling Property Management.
What is the most affordable Steeleville Three Bedroom Apartment?
The best deal on a cheap Steeleville Three Bedroom Apartment rental is at THE QUADS APARTMENTS and starts from $800.
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 I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
