Cheap Apartments for Rent in Ashmore, IL from $300 (15 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Highland
1 to 3 Bedroom Apartments

Highland

1526 Edgar DrCharleston, IL 61920

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.

property at 1034 N 7th St

1034 N 7th St

Terre HauteIN47807

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.

Ashmore, IL Local Guide

Cheapest Available Ashmore Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ashmore, IL is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Ashmore apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Walnut SquareTwo Bedroom2BR,1BA$417
Rider Place1 Bedroom1BR,1BA$500
Union Pointe1 Bedroom1BR,2BA$550
Arthur Ave Apartments1x11BR,1BA$610
Highland Terrace1 Bed 1 Bath1BR,1BA$675

Best Value Apartments for Rent in Ashmore, IL and Nearby

As of May 11, 2025 the best value apartment in the Ashmore area is the $0.93 price per square foot 4x2 Model at Arbors at Honey Creek in the in the Downtown Terre Haute neighborhood starting from $1,347. The second greatest value Ashmore apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 price per square foot . Here is today’s list of the best values for Ashmore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arbors at Honey Creek4x24BR,2BA$0.93
The Millennium Apartments3 Bedroom3BR,1BA$0.41
Royal Heights3 Person Occupancy3BR,1.5BA$1.11
Harrison West2 Bedroom2BR,1BA$0.93
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
Sycamore Place Apartments2.1 C2BR,1BA$0.80
Arthur Ave Apartments1x11BR,1BA$0.97
Union Pointe1 Bedroom1BR,2BA$0.92
Rider Place1 Bedroom1BR,1BA$0.92

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ashmore, IL Rentals by Map

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Getting Around Ashmore, IL

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Ashmore Apartments

What is the Cheapest Studio apartment in Ashmore?

Currently the most affordable Cheap Studio Apartment in Ashmore is at The Annex of Terre Haute listed at $750.

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

The lowest price for a Cheap One Bedroom Ashmore Apartment is $500 at Rider Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Ashmore is starting from $417 at Historic Walnut Square.

What is the most affordable Ashmore Three Bedroom Apartment?

The best deal on a cheap Ashmore Three Bedroom Apartment rental is at Historic Walnut Square and starts from $479.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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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.

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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.

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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.