Cheap Apartments for Rent in Wood River, IL from $500 (50 Rentals)

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

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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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.

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Diplomat Apartments
1 to 2 Bedroom Apartments

Diplomat Apartments

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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710-728 Connor Dr
2 Bedroom Apartments

710-728 Connor Dr

710-728 Connor DrSouth Roxana, IL 62087
  • Utilities Included
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Heatherton Estates
1 to 2 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033

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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Timber Ridge
2 Bedroom Apartments

Timber Ridge

1342 N Garden DrSt. Louis, MO 63138
  • Utilities Included

St. Louis's Best Affordable Neighborhoods

Learn about St. Louis and the best places to live with original content written by our St. Louis, MO Local Expert Taryn Shorr-Mckee

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Wood River, IL Local Guide

Cheapest Available Wood River Apartments for Rent

 

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. Rivers Edge Apartments in the Metro East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $620. 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
Rivers Edge ApartmentsEfficiencyStudio,1BA$620
Rocwood Apartments1BR Units1BR,1BA$650
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$700
The Residences at Bella VistaClassic1BR,1BA$700
Lilac Court Apartments1 Bedroom Garden1BR,1BA$705
Spanish Lake TownhomesLuna1BR,1BA$733
Whispering Lake Apartments1BR 1BA GARDEN1BR,1BA$745
Brighton Apartments1BR/1BA1BR,1BA$775
Cedar Point ApartmentsOne Bedroom Garden1BR,1BA$900

Best Value Apartments for Rent in Wood River, IL

As of July 02, 2025 the best value apartment in the Wood River area is the $0.92 price per square foot Hamilton Model at ReNew at Alton in the starting from $1,384. The second greatest value Wood River apartment is the 3 Bedroom Townhome with Garage Model at Paddock Village Apartments starting at $1,485 with a $1.03 price per square foot in the Paddock Forest 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.
ReNew at AltonHamilton3BR,2.5BA$0.92
Paddock Village Apartments3 Bedroom Townhome with Garage3BR,2BA$1.03
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$1.04
Parc at 720B12BR,2BA$0.73
Victorian Village2 Bed 1.5 Bath2BR,1.5BA$1.07
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.04
Brighton Apartments1BR/1BA1BR,1BA$1.12
Trinity Park1 bedroom, 1 bathroom1BR,1BA$1.05
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$1.08
Rocwood Apartments1BR Units1BR,1BA$1.05

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

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Getting Around Wood River, IL

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

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

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 Rocwood Apartments and starts from $1,000.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.