Cheap Apartments for Rent in Alhambra, IL from $500 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
McKay Manor
3 Bedroom Apartments

McKay Manor

1 McKay Manor DrBreese, IL 62230

Alhambra, IL Local Guide

Cheapest Available Alhambra Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alhambra, IL is a 3 Beds unit found at McKay Manor priced from $564. Rocwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Alhambra apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McKay Manor3 Bedroom3BR,2BA$564
Rocwood Apartments1BR Units1BR,1BA$625
The Social EdwardsvilleThe Cougar Unfurnished4BR,4BA$759
Metro Apartments At Bethalto1BR/1B SP8 Reno1BR,1BA$850
Metro Apartments at Wood River1BR/1B Thompson1BR,1BA$850

Best Value Apartments for Rent in Alhambra, IL and Nearby

As of March 06, 2025 the best value apartment in the Alhambra area is the $0.45 price per square foot 3 Bedroom Model at McKay Manor in the starting from $564. The second greatest value Alhambra apartment is the B1 Model at Parc at 720 starting at $850 with a $0.68 price per square foot in the Fruit Maple Carpenter neighborhood. Here is today’s list of the best values for Alhambra apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
McKay Manor3 Bedroom3BR,2BA$0.45
Parc at 720B12BR,2BA$0.68
Storyboard on LancashireLancashire B12BR,1BA$1.04
Parkview2x12BR,1BA$0.97
The Social EdwardsvilleThe Eddie with Spirit Patio2BR,2BA$1.12
Broadway Place2 Beds, 1 bath2BR,1BA$1.34
Metro Apartments at Wood River1BR/1B Thompson1BR,1BA$1.21
Metro Apartments At Bethalto1BR/1B SP8 Reno1BR,1BA$1.21
Metro Apartments at Granite City1BR/1BA Kathy Upgraded1BR,1BA$1.29
Rocwood Apartments1BR Units1BR,1BA$1.01

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 Alhambra, IL Rentals by Map

View MapAlhambra, IL Apartments MapView MapAlhambra, IL Rental Homes Map

Getting Around Alhambra, IL

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Alhambra Apartments

What is the Cheapest Studio apartment in Alhambra?

Currently the most affordable Cheap Studio Apartment in Alhambra is at Whispering Heights listed at $1,199.

How much is rent for a Cheap One Bedroom Alhambra Apartment?

The lowest price for a Cheap One Bedroom Alhambra Apartment is $625 at Rocwood Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Alhambra is starting from $750 at Rocwood Apartments.

What is the most affordable Alhambra Three Bedroom Apartment?

The best deal on a cheap Alhambra Three Bedroom Apartment rental is at McKay Manor and starts from $564.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.