
Cheap Apartments for Rent in Alma, IL from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Alma.


Flax Meadow Townhomes

Elmdale Apartments

215 anderson lane A

Bouse Apartment Homes

Chesterfield Village

Green Door Apartments

909 Fairland St

308 King St

412 W Reed St

1208 W Johnson St

418 W Webster St

205 North St

511 W North 2nd St

260 Aaron Ct

900 8th St

202 E Coal St

717 White Oak Dr

766 Wall St
Alma, IL Local Guide

How much does it cost to rent an apartment in Alma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alma Studio Apartments | $1,079 | $575 | $1,439 |
Alma 1 Bedroom Apartments | $1,395 | $725 | $2,240 |
Alma 2 Bedroom Apartments | $1,576 | $680 | $3,200 |
Alma 3 Bedroom Apartments | $1,578 | $800 | $2,402 |
Alma 4 Bedroom Apartments | $806 | $759 | $859 |
Browse Top Apartments in Alma
See all Apartments in AlmaExplore Alma
Alma, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Alma Apartments for Rent and Nearby
 The cheapest available apartment rental in Alma, IL is a 4 Beds unit found at The Social Edwardsville in the Fruit Maple Carpenter neighborhood priced from $759. 215 anderson lane A in the Green Mount Manor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Alma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Social Edwardsville | The Cougar Unfurnished | 4BR,4BA | $759 |
215 anderson lane A | 1 BR / 1 BA | 1BR,1BA | $825 |
Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $845 |
The Raymond Apartments | Two bedroom | 2BR,1BA | $850 |
Green Door Apartments | Limited Time Only $900 | 1BR,1BA | $900 |
Best Value Apartments for Rent in Alma, IL and Nearby
As of March 13, 2025 the best value apartment in the Alma area is the $0.83 price per square foot 3 Bedroom Model at McKay Manor in the starting from $1,050. The second greatest value Alma apartment is the Park Entrance B2 Model at Storyboard on Park Entrance starting at $1,430 with a $1.19 price per square foot in the OFallon neighborhood. Here is today’s list of the best values for Alma apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
McKay Manor | 3 Bedroom | 3BR,2BA | $0.83 |
Storyboard on Park Entrance | Park Entrance B2 | 2BR,2BA | $1.19 |
Cantwell Crossing Apartments and Townhomes | Renovated 2 Bedroom | 2BR,2BA | $1.25 |
Storyboard on Lancashire | Lancashire B1 | 2BR,1BA | $1.04 |
215 anderson lane A | 2 BR / 1 BA | 2BR,1BA | $1.07 |
Parkview | 2x1 | 2BR,1BA | $0.97 |
Storyboard on Rockwood | Rockwood A1 | 1BR,1BA | $1.12 |
The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
The Social Edwardsville | The Eddie with Spirit Patio | 2BR,2BA | $1.12 |
Chesterfield Village | 1 Bedroom 1 Bath | 1BR,1BA | $1.19 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alma, IL Rentals by Map
See the most popular apartments and homes in Alma, IL
Getting Around Alma, IL
Walk Score®
17 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
27 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Alma Apartments
What is the Cheapest Studio apartment in Alma?
Currently the most affordable Cheap Studio Apartment in Alma is at Whispering Heights listed at $1,199.
How much is rent for a Cheap One Bedroom Alma Apartment?
The lowest price for a Cheap One Bedroom Alma Apartment is $825 at 215 anderson lane A.
What is the lowest price for a Cheap Two Bedroom Alma Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alma is starting from $850 at The Raymond Apartments.
What is the most affordable Alma Three Bedroom Apartment?
The best deal on a cheap Alma Three Bedroom Apartment rental is at McKay Manor and starts from $1,050.
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.

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.

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.

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.