
Cheap Homes for Rent in Alhambra, IL from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Alhambra.


237 N Wood River Ave

806 Center St

523 S Central Ave

110 N 14th St

201 Pennsylvania Ave

525 Mill St

717 White Oak Dr

124 Carson Dr

478 Dulaney Ave
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.

103 W 1st St
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 | $1,350 |
Alhambra 3 Bedroom Homes for Rent | $1,701 | $1,100 | $2,000 |
Alhambra 4 Bedroom Homes for Rent | $2,650 | $1,850 | $3,400 |
Alhambra 5 Bedroom Homes for Rent | $2,337 | $1,675 | $3,000 |
Browse Top Homes for Rent in Alhambra
Explore Alhambra
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 |
The Social Edwardsville | The Cougar Unfurnished | 4BR,4BA | $759 |
Metro Apartments at Granite City | Save up to $500 off Move In Costs with your EXC... | 1BR,1BA | $900 |
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 April 17, 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 $1,300 with a $1.18 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 | $1.18 |
Parkview | 2x1.5 | 2BR,1.5BA | $0.95 |
ReNew at Alton | Hunter | 2BR,1.5BA | $1.34 |
Townhomes on Luan Drive | 2BR | 2BR,1.5BA | $1.35 |
The Social Edwardsville | The Eddie with Spirit Patio | 2BR,2BA | $1.12 |
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 |
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 $3,200. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alhambra ranging from $650 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 $650 to $3,400 with an average monthly rent of $1,695.
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 $2,512, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,000. 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.

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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.