Cheap Apartments for Rent in Erie, IL from $500 (29 Rentals)

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Cheap Apartments in Erie.

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.

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Rock Falls Apartments
Studio Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
  • Utilities Included
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Valley View
1 to 2 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included
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Crow Creek Apartments
1 to 3 Bedroom Apartments

Crow Creek Apartments

5067 Devils Glen RdBettendorf, IA 52722
  • Utilities Included

Erie, IL Local Guide

Cheapest Available Erie Apartments for Rent and Nearby

 

The cheapest available apartment rental in Erie, IL is a Studio unit found at Riverside Apartments and Townhomes priced from $525. Roosevelt School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $570. Here is today’s list of the most affordable Erie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverside Apartments and TownhomesStudioStudio,1BA$525
Roosevelt School Apartments1 bedroom1BR,1BA$570
Northland Park ApartmentsStudioStudio,1BA$625
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$669
Washington Senior ApartmentsStudioStudio,1BA$695
443 2nd Ave D1 BR/ 1 BA1BR,1BA$700
Avenues at East Moline1 Bed 1 Bath1BR,1BA$795
Rock Ridge CommonsA_RENO1BR,1BA$900
Chateau Knollgeneva1BR,1BA$910
The Villas at Devils Glen2 Bedroom/2 Bath2BR,2BA$940

Best Value Apartments for Rent in Erie, IL and Nearby

As of May 02, 2025 the best value apartment in the Erie area is the $1.33 price per square foot Upper Model at Forest Grove Crossing in the in the Outer Davenport Bettendorf neighborhood starting from $1,995. The second greatest value Erie apartment is the 2 bedroom Model at Roosevelt School Apartments starting at $1,000 with a $1.00 price per square foot . Here is today’s list of the best values for Erie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Forest Grove CrossingUpper3BR,2BA$1.33
Roosevelt School Apartments2 bedroom2BR,1.5BA$1.00
Cottage Bluff Apartments2-Bedroom2BR,1BA$1.02
Old Orchard Estates2 Bed 1 Bath2BR,1BA$1.15
Rock River Townhomes2 Bedroom-60%2BR,1BA$1.30
Crowne ForestTwo Bedroom2BR,2BA$1.24
The Villas at Devils Glen2 Bedroom/2 Bath2BR,2BA$1.28
443 2nd Ave D1 BR/ 1 BA1BR,1BA$1.08
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$1.12
Washington Senior ApartmentsStudioStudio ,1BA$1.32

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Explore Erie, IL Rentals by Map

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Getting Around Erie, IL

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Erie Apartments

What is the Cheapest Studio apartment in Erie?

Currently the most affordable Cheap Studio Apartment in Erie is at Riverside Apartments and Townhomes listed at $525.

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

The lowest price for a Cheap One Bedroom Erie Apartment is $570 at Roosevelt School Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Erie is starting from $775 at Riverside Apartments and Townhomes.

What is the most affordable Erie Three Bedroom Apartment?

The best deal on a cheap Erie Three Bedroom Apartment rental is at Pine View and starts from $969.

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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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.

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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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.