Cheap Apartments for Rent in Annapolis, IL from $300 (25 Rentals)

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

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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920
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Sugar Creek Crossing
1 to 2 Bedroom Apartments

Sugar Creek Crossing

211 Joanie LnRobinson, IL 62454
Senior Living
  • Utilities Inc.
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Newton Senior Housing
1 Bedroom Apartments

Newton Senior Housing

201 Eaton StNewton, IL 62448
Senior Living
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Annapolis, IL Local Guide

Cheapest Available Annapolis Apartments for Rent and Nearby

 

The cheapest available apartment rental in Annapolis, IL is a 1 Bed unit found at Union Pointe in the Downtown Terre Haute neighborhood priced from $550. Arthur Ave Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $610. Here is today’s list of the most affordable Annapolis apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union Pointe1 Bedroom1BR,2BA$550
Arthur Ave Apartments1x11BR,1BA$610
Southern MeadowsStudioStudio,1BA$625
Highland Terrace Apartments1 Bedroom 1 Bathroom1BR,1BA$675
Historic Walnut SquareTwo Bedroom2BR,1BA$700

Best Value Apartments for Rent in Annapolis, IL and Nearby

As of March 10, 2025 the best value apartment in the Annapolis area is the $0.41 price per square foot 3 Bedroom Model at The Millennium Apartments in the starting from $505. The second greatest value Annapolis apartment is the 2x2 Model at Arbors at Honey Creek starting at $1,022 with a $0.95 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Annapolis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Millennium Apartments3 Bedroom3BR,1BA$0.41
Arbors at Honey Creek2x22BR,2BA$0.95
Harrison West2 Bedroom2BR,1BA$0.93
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Willow CrossingsPhase III - 2 Bed 2 Bath2BR,2BA$1.01
Springhill Apartments2 Bedroom2BR,1BA$0.94
Historic Walnut SquareTwo Bedroom2BR,1BA$0.90
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Arthur Ave Apartments1x11BR,1BA$0.97
Union Pointe1 Bedroom1BR,2BA$0.92

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Getting Around Annapolis, IL

Bike Score®

23 / 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 Annapolis Apartments

What is the Cheapest Studio apartment in Annapolis?

Currently the most affordable Cheap Studio Apartment in Annapolis is at Southern Meadows listed at $625.

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

The lowest price for a Cheap One Bedroom Annapolis Apartment is $550 at Union Pointe.

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

Today's best deal for a Cheap Two Bedroom Apartment in Annapolis is starting from $650 at Union Pointe.

What is the most affordable Annapolis Three Bedroom Apartment?

The best deal on a cheap Annapolis Three Bedroom Apartment rental is at Springhill Apartments and starts from $925.

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.

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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.

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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.

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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.

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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.