Cheap Apartments for Rent in Frederick, IL from $300 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Showing Results 1-23, Page 1 of 1

Frederick, IL Local Guide

Cheapest Available Frederick Apartments for Rent and Nearby

 

The cheapest available apartment rental in Frederick, IL is a Studio unit found at Macomb Rentals priced from $390. Jacksonville Affordable Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $462. Here is today’s list of the most affordable Frederick apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Macomb RentalsStudio, 1 bathStudio,1BA$390
Jacksonville Affordable Housing1 Bedroom 50%1BR,1BA$462
Smith and Royer Apartments1 Bedroom1BR,1BA$650
Denison PlaceOne Bedroom1BR,1BA$675
Morton Street Apartments1 bed one bath1BR,1BA$690

Best Value Apartments for Rent in Frederick, IL and Nearby

As of March 15, 2025 the best value apartment in the Frederick area is the $1.13 price per square foot CP Townhome 2BR Model at Cobblestone Place in the starting from $1,795. The second greatest value Frederick apartment is the 3 Bedroom Model at Ash Grove starting at $1,395 with a $1.04 price per square foot . Here is today’s list of the best values for Frederick apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cobblestone PlaceCP Townhome 2BR2BR,2.5BA$1.13
Ash Grove3 Bedroom3BR,2BA$1.04
Creekside Park2 BR / 2 BA2BR,2BA$0.92
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$0.97
CandlesA11BR,1BA$1.10
Denison PlaceOne Bedroom1BR,1BA$0.84
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.06
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
Jacksonville Affordable Housing1 Bedroom 60%1BR,1BA$0.84

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.

decorative image of people with a giant lease agreement

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

Explore Frederick, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Frederick, IL

View MapFrederick, IL Apartments MapView MapFrederick, IL Rental Homes Map

Frequently Asked Questions about Cheap Frederick Apartments

What is the Cheapest Studio apartment in Frederick?

Currently the most affordable Cheap Studio Apartment in Frederick is at Macomb Rentals listed at $390.

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

The lowest price for a Cheap One Bedroom Frederick Apartment is $462 at Jacksonville Affordable Housing.

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

Today's best deal for a Cheap Two Bedroom Apartment in Frederick is starting from $450 at Macomb Rentals.

What is the most affordable Frederick Three Bedroom Apartment?

The best deal on a cheap Frederick Three Bedroom Apartment rental is at Candles and starts from $1,069.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.