Cheap Apartments for Rent in Wood River, IL from $500 (31 Rentals)

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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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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.

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From Arch to Apartment: The St. Louis Insider's Guide to Renting Near the Area's Top Employers

The St. Louis Insider's Guide to renting near BJC, WashU, Boeing, SSM Health, and Anheuser-Busch. Find your perfect neighborhood to balance commute, lifestyle, and budget.

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710-728 Connor Dr
2 Bedroom Apartments

710-728 Connor Dr

710-728 Connor DrSouth Roxana, IL 62087
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Diplomat Apartments
1 to 2 Bedroom Apartments

Diplomat Apartments

385-407 Kent StEast Alton, IL 62024
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Heatherton Estates
1 to 3 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
Corporate Housing

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.

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Showing Results 1-31, Page 1 of 1

Wood River, IL Local Guide

Cheapest Available Wood River Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wood River, IL is a 1 Bed unit found at Trinity Park in the North Riverfront neighborhood priced from $525. New Wellington Apartments in the Calverton Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $674. Here is today’s list of the most affordable Wood River apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Trinity Park1 bedroom, 1 bathroom1BR,1BA$525
New Wellington ApartmentsClassicStudio,1BA$674
Rocwood Apartments1BR Units1BR,1BA$700
The Residences at Bella VistaClassic1BR,1BA$700
Rivertrail Apartments1bd1BR,1BA$700
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$700
The Social EdwardsvilleThe Cougar Unfurnished4BR,4BA$705
Cedar Point ApartmentsEfficiencyStudio,1BA$750
Spanish Lake TownhomesLuna1BR,1BA$750
Bilava Village1BD/1BA1BR,1BA$795

Best Value Apartments for Rent in Wood River, IL and Nearby

As of December 08, 2025 the best value apartment in the Wood River area is the $1.00 price per square foot 3BR 2BA TOWNHOME Model at Whispering Lake Apartments in the in the Calverton Park neighborhood starting from $1,493. The second greatest value Wood River apartment is the 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes starting at $1,555 with a $1.09 price per square foot in the North Riverfront neighborhood. Here is today’s list of the best values for Wood River apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Whispering Lake Apartments3BR 2BA TOWNHOME3BR,2BA$1.00
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$1.09
The Social EdwardsvilleThe Cougar Unfurnished4BR,4BA$0.53
Parc at 720B12BR,2BA$0.72
Rivers Edge Apartments2 BR Apartment2BR,1BA$1.00
Victorian Village2 Bed 1.5 Bath2BR,1.5BA$1.06
Spanish Lake TownhomesLuna1BR,1BA$0.95
Rivertrail Apartments1bd1BR,1BA$1.00
Trinity Park1 bedroom, 1 bathroom1BR,1BA$1.05
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$1.08

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the St. Louis, MO metro area for affordable living. Find your perfect Student apartment, condo, or rental home today at apartmenthomeliving.com

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

Explore Wood River, IL Rentals by Map

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Getting Around Wood River, IL

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Wood River Apartments

What is the Cheapest Studio apartment in Wood River?

Currently the most affordable Cheap Studio Apartment in Wood River is at New Wellington Apartments listed at $674.

How much is rent for a Cheap One Bedroom Wood River Apartment?

The lowest price for a Cheap One Bedroom Wood River Apartment is $525 at Trinity Park.

What is the lowest price for a Cheap Two Bedroom Wood River Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Wood River is starting from $625 at Trinity Park.

What is the most affordable Wood River Three Bedroom Apartment?

The best deal on a cheap Wood River Three Bedroom Apartment rental is at Spanish Lake Townhomes and starts from $880.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

Written by: Taryn Shorr-Mckee

I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!