
Cheap Homes for Rent in Alhambra, IL from $500 (12 Rentals)
Cheap Homes in Alhambra.


237 N Wood River Ave

523 S Central Ave

1404 Willard St

512 E Ferguson Ave

103 W 1st St
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.

4079 Bruene Ave

140 Harnett Ave

525 Mill St

717 White Oak Dr

23 Coachlight Trailer Park

124 Carson Dr
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Alhambra, IL Local Guide

How much does it cost to rent a home in Alhambra?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alhambra 2 Bedroom Homes for Rent | $1,007 | $700 | $1,400 |
Alhambra 3 Bedroom Homes for Rent | $1,631 | $1,100 | $2,550 |
Alhambra 4 Bedroom Homes for Rent | $2,225 | $1,850 | $2,600 |
Alhambra 5 Bedroom Homes for Rent | $2,691 | $1,675 | $3,400 |
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Alhambra, IL Local Guide
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Cheapest Available Alhambra Apartments for Rent and Nearby
 The cheapest available apartment rental in Alhambra, IL is a 1 Bed unit found at Rocwood Apartments priced from $650. Cedar Point Apartments in the Metro East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Alhambra apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Rocwood Apartments | 1BR Units | 1BR,1BA | $650 |
Cedar Point Apartments | Efficiency | Studio,1BA | $750 |
ReNew at Alton | Finley | 1BR,1BA | $925 |
Metro Apartments at Wood River | Save up to $500 off Move In Costs with your EXC... | 1BR,1BA | $950 |
Metro Apartments At Bethalto | Save up to $500 off Move In Costs with your EXC... | 1BR,1BA | $950 |
Best Value Apartments for Rent in Alhambra, IL and Nearby
As of May 07, 2025 the best value apartment in the Alhambra area is the $0.72 price per square foot B1 Model at Parc at 720 in the in the Fruit Maple Carpenter neighborhood starting from $900. The second greatest value Alhambra apartment is the Two Bedroom Model at Brookside Manor starting at $1,275 with a $1.15 price per square foot in the OFallon neighborhood. Here is today’s list of the best values for Alhambra apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parc at 720 | B1 | 2BR,2BA | $0.72 |
Brookside Manor | Two Bedroom | 2BR,1.5BA | $1.15 |
Falcon Place Townhomes | 2BR/1.5BA | 2BR,1.5BA | $1.45 |
Townhomes on Luan Drive | 2BR | 2BR,1.5BA | $1.35 |
Parkview | 2x1 | 2BR,1BA | $1.03 |
Broadway Place | 2 Beds, 1 bath | 2BR,1BA | $1.34 |
Metro Apartments at Wood River | Save up to $500 off Move In Costs with your EXC... | 1BR,1BA | $1.36 |
Metro Apartments at Granite City | Your Next Home + $100 Off Monthly Rent + 1 Mont... | 1BR,1BA | $1.29 |
Metro Apartments At Bethalto | Save up to $500 off Move In Costs with your EXC... | 1BR,1BA | $1.36 |
Rocwood Apartments | 1BR Units | 1BR,1BA | $1.05 |
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Frequently Asked Questions about Alhambra
What type of rentals are currently available in Alhambra?
There are currently 38 Apartments for Rent in Alhambra, IL with pricing that ranges from $650 to $3,376. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alhambra ranging from $575 to $3,400.
What is the current price range for Rental Homes in Alhambra?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alhambra ranges from $575 to $3,400 with an average monthly rent of $1,685.
How much are larger Three and Four Bedroom Rentals in Alhambra?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Alhambra range from $800 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $759.
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.