
Cheap Homes for Rent in Wood River, IL from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Wood River.


523 S Central Ave

412 Wood River Ave

2306 College Ave

1000 Main St
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.

1132 Vernie Ave

2 Georgetown Dr

2314 State St

614 Leonard St

2016 Salu St
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.
Wood River, IL Local Guide

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 | $1,042 | $700 | $1,445 |
| Wood River 3 Bedroom Homes for Rent | $1,333 | $1,000 | $1,750 |
| Wood River 4 Bedroom Homes for Rent | $1,730 | $1,195 | $2,475 |
| Wood River 5 Bedroom Homes for Rent | $1,675 | $1,675 | $1,675 |
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Wood River, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trinity Park | 1 bedroom, 1 bathroom | 1BR,1BA | $525 |
| New Wellington Apartments | Classic | Studio,1BA | $674 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $700 |
Best Value Apartments for Rent in Wood River, IL and Nearby
As of December 09, 2025 the best value apartment in the Wood River area is the $0.99 price per square foot 3BR 2BA TOWNHOME Model at Whispering Lake Apartments in the in the Calverton Park neighborhood starting from $1,492. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Whispering Lake Apartments | 3BR 2BA TOWNHOME | 3BR,2BA | $0.99 |
| River Trace Townhomes | 3 Bedroom 1.5 Bath Townhome with Garage | 3BR,1.5BA | $1.09 |
| The Social Edwardsville | The Cougar Unfurnished | 4BR,4BA | $0.53 |
| Parc at 720 | B1 | 2BR,2BA | $0.72 |
| Rivers Edge Apartments | 2 BR Apartment | 2BR,1BA | $1.00 |
| Victorian Village | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.06 |
| Spanish Lake Townhomes | Luna | 1BR,1BA | $0.95 |
| Rivertrail Apartments | 1bd | 1BR,1BA | $1.00 |
| Trinity Park | 1 bedroom, 1 bathroom | 1BR,1BA | $1.05 |
| River Pointe Apartments | 1 Bed / 1 Bath | 1BR,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.
Read ArticleThe 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.
Read ArticleLocal 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!
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Frequently Asked Questions about Wood River
What type of rentals are currently available in Wood River?
There are currently 65 Apartments for Rent in Wood River, IL with pricing that ranges from $525 to $3,955. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wood River ranging from $600 to $2,475.
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 $600 to $2,475 with an average monthly rent of $1,316.
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 $1,000 to $3,955, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,750. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $675.
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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!