
Cheap Apartments for Rent in Swansea, IL from $400 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Swansea.


Metro Landing of Swansea - Senior 55+

102 N 27th St

1908 Muren Blvd

Brookside Apartments

Total Monthly Price
212 N 44th St, Unit #5 The Danielle

2619 Sierra Dr

21 Beth Ann Dr

Bouse Apartment Homes

309 Baltes Dr
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.

Total Monthly Price
3201 Roland Ave, Unit 3201

1017 Brookshire Ct

Ben Louis Apartments

219 N 48th St

500 E A St

Shiloh Commons Holdings

The Oaks of Dutch Hollow

Green Door Apartments

The Meadows at Shadow Ridge
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.

Shadow Ridge Apartments

618 W Monroe St

Storyboard on Lake Christine

Storyboard on Rockwood

Storyboard on Park Terrace

54 Ben Louis Dr

Kingery Court Apartments

Lofts on the Square (Senior 55+)

2609 Sierra Dr

18 N 44th St
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.

135 Arapaho Drive

Brookside on Main

Erna Apartments

109 N 74th St

44 Orchard Apartments

Express Apartments

Shiloh Yorkshire

601-605 N Charles St

Renovated 2 Bedroom Townhome!

17 Kensington Heights Rd
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.

11 Kensington Heights Rd

818-874 Lincoln Hwy

215 anderson lane A

Lake Christine Village Apartments

2495 Royal Mine Road

21 Beth Ann Dr, Unit B

1101 S 74th St

131 Ashley Dr

109 Ashley Dr

128 Ashley Dr
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.
Swansea, IL Local Guide

How much does it cost to rent an apartment in Swansea?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Swansea Studio Apartments | $1,497 | $835 | $2,159 |
| Cheap Swansea 1 Bedroom Apartments | $1,327 | $700 | $1,829 |
| Cheap Swansea 2 Bedroom Apartments | $1,562 | $895 | $2,440 |
| Cheap Swansea 3 Bedroom Apartments | $1,910 | $1,300 | $2,258 |
Browse Top Apartments in Swansea
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Swansea, IL Local Guide
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Cheapest Available Swansea Apartments for Rent
 The cheapest available apartment rental in Swansea, IL is a 1 Bed unit found at Brookside on Freedom in the Sullivan Manors neighborhood priced from $795. Bouse Apartment Homes in the Metro East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Swansea apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookside on Freedom | 1 Bedroom Updated Main Street | 1BR,1BA | $795 |
| Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $845 |
| 1101 S 74th St | 1 Beds, 1 Baths | 1BR,1BA | $850 |
| 722 Abend St | 1 Bed, 1 bath | 1BR,1BA | $895 |
| Ben Louis Apartments | 2 Bedrooms 1 Bathroom | 2BR,1BA | $925 |
| 500 E A St | 1 Bed, 1 bath | 1BR,1BA | $950 |
| Meadows at Shadow Ridge | 1.1- 612 sq ft | 1BR,1BA | $1,025 |
| The Oaks at Dutch Hollow | 5819 1 bedroom | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Swansea, IL
As of June 12, 2026 the best value apartment in the Swansea area is the $1.09 price per square foot 2BR/1.5BA Model at Reside Here Apartments & Rentals in the in the Willow Walk neighborhood starting from $1,195. The second greatest value Swansea apartment is the 8 N Indiana Ave Model at 8 N Indiana Ave, Unit 8 starting at $1,399 with a $1.27 price per square foot in the Green Mount Manor neighborhood. Here is today’s list of the best values for Swansea apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Reside Here Apartments & Rentals | 2BR/1.5BA | 2BR,1.5BA | $1.09 |
| 8 N Indiana Ave, Unit 8 | 8 N Indiana Ave | 3BR,1BA | $1.27 |
| Lake Christine Village Apartments | The Scott - Upgrade | 2BR,1BA | $1.12 |
| Storyboard on Rockwood | Rockwood B2 | 2BR,1.5BA | $1.34 |
| Storyboard on Park Terrace | Park Terrace A2 | 1BR,1BA | $1.22 |
| 54 Ben Louis Dr | 2 Beds, 1 bath | 2BR,1BA | $1.22 |
| Ben Louis Apartments | 2 Bedrooms 1 Bathroom | 2BR,1BA | $1.12 |
| 3201 Roland Ave, Unit 3201 | 3201 Roland Ave | 2BR,1BA | $1.12 |
| Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $1.36 |
| Brookside on Freedom | 1 Bedroom Updated Main Street | 1BR,1BA | $1.30 |
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 Swansea, IL Rentals by Map
See the most popular apartments and homes in Swansea, IL
Frequently Asked Questions about Cheap Swansea Apartments
How much is rent for a Cheap One Bedroom Swansea Apartment?
The lowest price for a Cheap One Bedroom Swansea Apartment is $795 at Brookside on Freedom.
What is the lowest price for a Cheap Two Bedroom Swansea Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Swansea is starting from $925 at Ben Louis Apartments.
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.
