Cheap Apartments for Rent near Washington Park, IL from $642 (71 Rentals)

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Search the lowest-cost Apartments available for rent right now in Washington Park.

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.

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property at 98 Concord Dr
$1,100

Total Monthly Price

Base Rent$1,100
Total Monthly Price$1,100
3 Bedroom, 1 Bath Home for Rent
Available Now

98 Concord Dr

BellevilleIL62223

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.

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11th and Spruce
Rent Specials
$1,218 - $2,901

Total Monthly Price

Base Rent$1,218 - $2,901
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

11th and Spruce

1014 Spruce StSt. Louis, MO 63102
Student Housing
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  • Customer Reviewed

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.

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The New Broadview
1 to 2 Bedroom Apartments

The New Broadview

5 E BroadwayEast St. Louis, IL 62201
Senior Living
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Mansion House 1
Studio to 2 Bedroom Apartments

Mansion House 1

300 N 4th StSt. Louis, MO 63102
Corporate Housing
  • Utilities Included

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.

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East Bank Pointe
3 Bedroom Apartments

East Bank Pointe

4010 McCallum CtAlorton, IL 62207
  • Utilities Included

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.

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Washington Park, IL Local Guide

Cheapest Available Washington Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Washington Park, IL is a 1 Bed unit found at Collins Terrace Apartments in the Lafayette Square neighborhood priced from $693. Williamsburg Apartments in the Belleville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Washington Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Collins Terrace Apartments1 Bedroom Large1BR,1BA$693
Williamsburg ApartmentsMarcella 1x11BR,1BA$749
Downtowner ApartmentsStudioStudio,1BA$775
The Gentrys Landing ApartmentsStudio UnfurnishedStudio,1BA$855
The ShelbyPapinStudio,1BA$965
Arcade ApartmentsI-D1BR,1BA$998
The Crown Downtown1 Bedroom1BR,1BA$1,025
Vangard LoftsBee Hat A31BR,1BA$1,039
Stadium Loft Apartments18 Units1BR,1BA$1,075
Bee Hat LoftsA3 - 1 Bed 1 Bath1BR,1BA$1,099

Best Value Apartments for Rent in Washington Park, IL and Nearby

As of September 04, 2026 the best value apartment in the Washington Park area is the $0.80 price per square foot 2 Bedroom 2 Bath Model at Roberts Galerie Lofts in the in the Lafayette Square neighborhood starting from $1,500. The second greatest value Washington Park apartment is the B Model at Denim Lofts starting at $1,875 with a $1.20 price per square foot in the Lafayette Square neighborhood. Here is today’s list of the best values for Washington Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Roberts Galerie Lofts2 Bedroom 2 Bath2BR,2BA$0.80
Denim LoftsB2BR,2BA$1.20
Bogen | Urban Chic LoftsG22BR,2BA$1.33
Pointe 400 ApartmentsOne Bedroom1BR,1BA$1.02
Fashion Square IB22BR,1BA$1.13
Syndicate BuildingStabdard 1BR1BR,1BA$1.11
Vangard Lofts1A1BR,1BA$1.20
Grace LoftsCITY LOFT1BR,1BA$1.23
Bee Hat LoftsA3 - 1 Bed 1 Bath1BR,1BA$1.20
Collins Terrace Apartments1 Bedroom Small1BR,1BA$1.33

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.

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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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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Washington Park, IL Rentals by Map

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See the most popular apartments and homes in Washington Park, IL

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Frequently Asked Questions about Cheap Washington Park Apartments

What is the Cheapest Studio apartment in Washington Park?

Currently the most affordable Cheap Studio Apartment in Washington Park is at Downtowner Apartments listed at $775.

How much is rent for a Cheap One Bedroom Washington Park Apartment?

The lowest price for a Cheap One Bedroom Washington Park Apartment is $665 at Collins Terrace Apartments.

What is the lowest price for a Cheap Two Bedroom Washington Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Washington Park is starting from $804 at Collins Terrace Apartments.

What is the most affordable Washington Park Three Bedroom Apartment?

The best deal on a cheap Washington Park Three Bedroom Apartment rental is at Collins Terrace Apartments and starts from $962.

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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.