117 W Birch St
HartfordIL62048
Cheap Homes for Rent in Wood River, IL from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Wood River.
1408 Willard St
AltonIL62002
104 E Grace St
BethaltoIL62010
134 Lakeside Ave
East AltonIL62024
1128 W 9th St
AltonIL62002
201 Pennsylvania Ave
South RoxanaIL62087
208 W Thomas St
RoxanaIL62084
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.
2418 Sanford Ave
AltonIL62002
120 Lakeside Ave
East AltonIL62024
604 Stowell Ave
AltonIL62002
2 Georgetown Dr
Granite CityIL62040
3108 Alby St
AltonIL62002
10712 Spring Garden Dr
St. LouisMO63137
176 S Pence St
East AltonIL62024
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.
Showing Results 1-14, Page 1 of 1
Wood River, IL Local Guide
F-4 Phantom II at St. Louis Regional Airport by Illinois2011 is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Wood River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wood River 2 Bedroom Homes for Rent | $985 | $750 | $1,550 |
| Wood River 3 Bedroom Homes for Rent | $1,353 | $900 | $3,000 |
| Wood River 4 Bedroom Homes for Rent | $1,500 | $1,195 | $2,155 |
Browse Top Homes for Rent in Wood River
Explore Wood River
Wood River, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $650. Here is today’s list of the most affordable Wood River apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trinity Park | 1 bedroom, 1 bathroom | 1BR,1BA | $525 |
| Bilava Village | 1BD/1BA | 1BR,1BA | $650 |
| River Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $650 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $700 |
| Cedar Point Apartments | Efficiency | Studio,1BA | $775 |
Best Value Apartments for Rent in Wood River, IL and Nearby
As of May 16, 2026 the best value apartment in the Wood River area is the $0.88 price per square foot 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes in the in the North Riverfront neighborhood starting from $1,255. The second greatest value Wood River apartment is the D1 Model at Parc at 720 starting at $760 with a $0.54 price per square foot in the Fruit Maple Carpenter neighborhood. Here is today’s list of the best values for Wood River apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Trace Townhomes | 3 Bedroom 1.5 Bath Townhome with Garage | 3BR,1.5BA | $0.88 |
| Parc at 720 | D1 | 4BR,4BA | $0.54 |
| Victorian Village | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.08 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| 326 E Central St | 2 Bed, 1 Bath | 2BR,1BA | $1.03 |
| Spanish Lake Townhomes | Luna | 1BR,1BA | $1.14 |
| River Pointe Apartments | 2 Bed / 1 Bath | 2BR,1BA | $0.87 |
| Rivertrail Apartments | 1bd | 1BR,1BA | $1.18 |
| Trinity Park | 1 bedroom, 1 bathroom | 1BR,1BA | $1.09 |
| Rocwood Apartments | 1BR Units | 1BR,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
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 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.
Let everyone know!
Do you know the Wood River area?
If you’re an expert on all things Wood River, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wood River, IL Rentals by Map
See the most popular apartments and homes in Wood River, IL
Frequently Asked Questions about Wood River
What type of rentals are currently available in Wood River?
There are currently 69 Apartments for Rent in Wood River, IL with pricing that ranges from $525 to $3,010. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wood River ranging from $700 to $3,000.
What is the current price range for Rental Homes in Wood River?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wood River ranges from $700 to $3,000 with an average monthly rent of $1,147.
How much are larger Three and Four Bedroom Rentals in Wood River?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wood River range from $859 to $2,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $714.
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
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.
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.
St. Louis Living: Your Local Experts 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.