
Cheap Apartments for Rent near Waltonville, IL from $400 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Waltonville.


Storyboard at SIU

Cornerstone Place

Campus Edge

Saluki Apartments

Schilling Property Management

Alpha Property Management (Alpha Rentals)

University Mall and Walnut Street Apartments

Saint Germain Square
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

ASHBURN COURT APARTMENTS

Brookside Apartments

Lake Logan Apartments

The Metropolitan

The Hill Apartments

Wedgewood Hills

G&R Rentals

921 E Grand Ave

Newly Renovated 2 Bedrooms!
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Aspen Court Apartments

Shawnee Village

Chesterfield Village

Palomino Apartments

Home Rentals Corporation

909 Fairland St

413 W Main St

2913 N Brownsville Rd

272 S Shannon St
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.

418 W Webster St

700 N Carico St

500 E College St

317 E Mill St

Chesapeake

Mountain Valley Properties -Marion

510 W 5th St

513 S Ash St

500 S Washington St
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.

501 E Reeves St

103 N Russell St

1306 W Mack Ave

301 E Olive St

1217 N 9th St

209 S Royal St

1101 Briarwood Rd

510 E Carter St

3 Briarwood Rd
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.

Duplicate
Waltonville, IL Local Guide

How much does it cost to rent an apartment in Waltonville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waltonville Studio Apartments | $594 | $450 | $985 |
| Waltonville 1 Bedroom Apartments | $909 | $525 | $1,899 |
| Waltonville 2 Bedroom Apartments | $1,033 | $625 | $1,594 |
| Waltonville 3 Bedroom Apartments | $1,257 | $650 | $1,704 |
| Waltonville 4 Bedroom Apartments | $1,214 | $295 | $2,080 |
Browse Top Apartments in Waltonville
See all Apartments in WaltonvilleExplore Waltonville
Waltonville, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Waltonville Apartments for Rent and Nearby
 The cheapest available apartment rental in Waltonville, IL is a 1 Bed unit found at Schilling Property Management priced from $600. ASHBURN COURT APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Waltonville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $600 |
| ASHBURN COURT APARTMENTS | 1BR/1.0BA | 1BR,1BA | $650 |
| Shawnee Village | 1 BR /1 BA 62 and Older | 1BR,1BA | $846 |
| Palomino Apartments | 2BR/1.5BA | 2BR,1BA | $950 |
| Chesterfield Village | 1 Bedroom 1 Bath | 1BR,1BA | $1,031 |
| Rome Meadows - 62yrs. and over or handicapped | 1 bedroom | 1BR,1BA | $1,082 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1,185 |
| Renaissance Hills | A1.1 | 1BR,1BA | $1,199 |
| Cedar Creek Rentals | Cedar Creek 1 | 2BR,1BA | $1,250 |
| 2600 Fairway Dr | 1X1 | 3BR,2BA | $1,600 |
Best Value Apartments for Rent in Waltonville, IL and Nearby
As of July 24, 2026 the best value apartment in the Waltonville area is the $0.89 price per square foot 1X1 Model at 2600 Fairway Dr in the starting from $1,600. The second greatest value Waltonville 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 Waltonville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2600 Fairway Dr | 1X1 | 3BR,2.5BA | $0.89 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| Cedar Creek Rentals | Cedar Creek 1 | 2BR,1BA | $1.25 |
| The Reserve at Saluki Pointe | 2X2 By the bed | 2BR,2BA | $0.71 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| Chesterfield Village | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.86 |
| Renaissance Hills | A1.1 | 1BR,1BA | $1.92 |
| Shawnee Village | 1 BR /1 BA 62 and Older | 1BR,1BA | $1.45 |
| University Edge Apartments | Studio | Studio ,1BA | $1.44 |
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 Waltonville, IL Rentals by Map
See the most popular apartments and homes in Waltonville, IL
Frequently Asked Questions about Cheap Waltonville Apartments
How much is rent for a Cheap One Bedroom Waltonville Apartment?
The lowest price for a Cheap One Bedroom Waltonville Apartment is $600 at Schilling Property Management.
What is the lowest price for a Cheap Two Bedroom Waltonville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waltonville is starting from $700 at Schilling Property Management.
What is the most affordable Waltonville Three Bedroom Apartment?
The best deal on a cheap Waltonville Three Bedroom Apartment rental is at Grand Place Apartments and starts from $1,185.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.