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

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Wood River.

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
710-728 Connor Dr
2 Bedroom Apartments

710-728 Connor Dr

710-728 Connor DrSouth Roxana, IL 62087
  • Utilities Included
close
View Me
Diplomat Apartments
1 to 2 Bedroom Apartments

Diplomat Apartments

385-407 Kent StEast Alton, IL 62024
  • Utilities Included

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.

Read Article
close
View Me
Heatherton Estates
1 to 3 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
Corporate Housing
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. Bilava Village in the Paddock Forest neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. 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
Bilava Village1BD/1BA1BR,1BA$675
Crossing at Northpointe Apartments1 Bed 1 Bath1BR,1BA$675
Rocwood Apartments1BR Units1BR,1BA$700
Broadway PlaceTwo Bedroom Apartment2BR,1BA$752
Cedar Point ApartmentsEfficiencyStudio,1BA$775
Whispering Lake Apartments1BR 1BA GARDEN1BR,1BA$798
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$800
Rivertrail Apartments1bd CR1BR,1BA$825
Brighton Apartments1 Bedroom1BR,1BA$875

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

As of July 09, 2026 the best value apartment in the Wood River area is the $0.88 price per square foot STALLION Model at Paddock Village Apartments in the in the Florissant neighborhood starting from $1,410. The second greatest value Wood River apartment is the 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes starting at $1,255 with a $0.88 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.
Paddock Village ApartmentsSTALLION3BR,2.5BA$0.88
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$0.88
Parc at 720D14BR,4BA$0.54
Crossing at Northpointe Apartments3 Bed 2 Bath3BR,2BA$1.06
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.12
Spanish Lake TownhomesLuna1BR,1BA$1.14
Broadway PlaceTwo Bedroom Apartment2BR,1BA$1.03
Rivertrail Apartments1bd1BR,1BA$1.18
Trinity Park1 bedroom, 1 bathroom1BR,1BA$1.09
Rocwood Apartments1BR Units1BR,1BA$1.13

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 Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Wood River, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Wood River, IL

View Map
Wood River, IL Apartments Map
View Map
Wood River, IL Rental Homes Map

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 Cedar Point Apartments listed at $775.

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 Broadway Place and starts from $859.

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.

Helpful Local Expert Guides

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

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.

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

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

Written by: Taryn Shorr-Mckee

Finding the right neighborhood to rent near your St. Louis college or university isn’t just about convenience.

decorative image for St. Louis Living: Your Local Expert's Guide to Neighborhoods and Renting article

St. Louis Living: Your Local Expert's Guide to Neighborhoods and Renting

Written by: Taryn Shorr-Mckee

St. Louis is a historic city of neighborhoods — nearly 80 of them — each with its own personality, rhythm, and everyday comforts.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.