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


Meadow Ridge Townhomes

Storyboard at SIU

Cornerstone Place

Saluki Apartments

THE QUADS APARTMENTS

Alpha Property Management (Alpha Rentals)
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

Saint Germain Square

University Mall and Walnut Street Apartments

The District at Cape

Brookside Apartments

ASHBURN COURT APARTMENTS

Wedgewood Hills

G&R Rentals
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.

The Metropolitan

Pine Shores Rentals

921 E Grand Ave

Newly Renovated 2 Bedrooms!

Aspen Court Apartments

Palomino 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

411 W Commercial St

703 Lon Moore St

237 Co Rd 341

45 Point Dr

42 Point Dr

222 Coles Hl

606 W College St
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.

903 Ranney Ave

Lauren's Place

811 S Sprigg St

711 S Poplar St

710 W Mill St

416 1st St E

708 Warren St

Lindenwood Senior Apartments
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.

220 E Gladys St

918 Linden St
Thebes, IL Local Guide

How much does it cost to rent an apartment in Thebes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Thebes Studio Apartments | $479 | $450 | $625 |
| Thebes 1 Bedroom Apartments | $740 | $200 | $1,575 |
| Thebes 2 Bedroom Apartments | $1,035 | $625 | $1,800 |
| Thebes 3 Bedroom Apartments | $1,251 | $650 | $2,495 |
| Thebes 4 Bedroom Apartments | $1,241 | $295 | $2,080 |
Browse Top Apartments in Thebes
See all Apartments in ThebesExplore Thebes
Thebes, IL Local Guide
- Nearby Cities
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Cheapest Available Thebes Apartments for Rent and Nearby
 The cheapest available apartment rental in Thebes, IL is a 4 Beds unit found at Storyboard at SIU priced from $425. Campus Edge has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Thebes apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Storyboard at SIU | 4 x 2 Traditional - Fall 2025- 12 Months | 4BR,2BA | $425 |
| 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 District at Cape | Dempster | 1BR,1BA | $663 |
| ASHBURN COURT APARTMENTS | 1BR/1.0BA | 1BR,1BA | $695 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $735 |
Best Value Apartments for Rent in Thebes, IL and Nearby
As of May 31, 2026 the best value apartment in the Thebes area is the $1.08 price per square foot 3 Bedrooms Model at Grand Place Apartments in the starting from $1,185. The second greatest value Thebes apartment is the 3BR/1.0BA Model at THE QUADS APARTMENTS starting at $800 with a $0.77 price per square foot . Here is today’s list of the best values for Thebes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| THE QUADS APARTMENTS | 3BR/1.0BA | 3BR,1BA | $0.77 |
| Brookside Apartments | 3 Bedroom | 3BR,1BA | $1.05 |
| Cape Trails | 2Bd. 2Bt. (975sqft) | 2BR,2BA | $0.72 |
| 921 E Grand Ave | 2 Beds, 2.5 baths | 2BR,2.5BA | $1.05 |
| Hawks Landing | Two Bedroom | 2BR,2BA | $0.72 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| The Hill Apartments | The Hill 2 Bed 2 Bath | 2BR,2BA | $1.14 |
| The District at Cape | Grauel | 1BR,1BA | $0.94 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
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 Thebes, IL Rentals by Map
See the most popular apartments and homes in Thebes, IL
Frequently Asked Questions about Cheap Thebes Apartments
What is the Cheapest Studio apartment in Thebes?
Currently the most affordable Cheap Studio Apartment in Thebes is at Campus Edge listed at $450.
How much is rent for a Cheap One Bedroom Thebes Apartment?
The lowest price for a Cheap One Bedroom Thebes Apartment is $600 at Schilling Property Management.
What is the lowest price for a Cheap Two Bedroom Thebes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Thebes is starting from $700 at Schilling Property Management.
What is the most affordable Thebes Three Bedroom Apartment?
The best deal on a cheap Thebes Three Bedroom Apartment rental is at Storyboard at SIU and starts from $650.
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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
