
Cheap Apartments for Rent in Annapolis, IL from $300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Annapolis.


6th St Apartments

Park Place

Arthur Ave Apartments

Southern Meadows

Willow Crossings

Highland Terrace Apartments

Lakewood Apartments

Historic Walnut Square

700 S 8th St

122 S 12th St

1001 E Voorhees St

500 S 5th St

955 4th St

1305 18th St

19 N 12th St

1616 University Dr

1610 University Dr
Annapolis, IL Local Guide

How much does it cost to rent an apartment in Annapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Annapolis Studio Apartments | $740 | $625 | $870 |
Annapolis 1 Bedroom Apartments | $937 | $536 | $1,375 |
Annapolis 2 Bedroom Apartments | $1,142 | $519 | $1,950 |
Annapolis 3 Bedroom Apartments | $1,415 | $855 | $2,562 |
Annapolis 4 Bedroom Apartments | $1,128 | $475 | $2,482 |
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Annapolis, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
Southern Meadows | Studio | Studio,1BA | $625 |
Highland Terrace Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $675 |
Historic Walnut Square | Two Bedroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.95 |
Harrison West | 2 Bedroom | 2BR,1BA | $0.93 |
ANTHONY SQUARE SENIOR LIVING | 2 Bed 1 Bath | 2BR,1BA | $1.00 |
Willow Crossings | Phase III - 2 Bed 2 Bath | 2BR,2BA | $1.01 |
Springhill Apartments | 2 Bedroom | 2BR,1BA | $0.94 |
Historic Walnut Square | Two Bedroom | 2BR,1BA | $0.90 |
Sycamore Place Apartments | 2.1 C | 2BR,1BA | $0.80 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
Union Pointe | 1 Bedroom | 1BR,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.

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.