Cheap Apartments for Rent in Malta, IL from $400 (16 Rentals)

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Explore the Best Cheap Apartments in Malta for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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Malta Manor II
from $6242 Bedroom Apartments

Malta Manor II

200 N 2nd StMalta, IL 60150
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4566 Governors Dr
from $6501 to 2 Bedroom Apartments

4566 Governors Dr

4566 Governors DrRockford, IL 61109
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Malta, IL Local Guide

Cheapest Available Malta Apartments for Rent and Nearby

 

The cheapest available apartment rental in Malta, IL is a Studio unit found at Amber Manor in the Devonaire Farms neighborhood priced from $659. University Plaza Apartments in the Devonaire Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $679. Here is today’s list of the most affordable Malta apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Amber ManorStudio One BathroomStudio,1BA$659
University Plaza ApartmentsA3 Floor Plan - Sold Out!1BR,1BA$679
The Terraces at DekalbRussell Road StudioStudio,1BA$725
New Suburban ApartmentsStudioStudio,1BA$800
Varsity Square ApartmentsStudio1BR,1BA$845

Best Value Apartments for Rent in Malta, IL and Nearby

As of December 29, 2024 the best value apartment in the Malta area is the $1.61 price per square foot Gregory End Model at Terrabrook at Prairie Ridge in the starting from $2,950. The second greatest value Malta apartment is the 5 TH Model at Old Orchard Apartments starting at $1,320 with a $0.73 price per square foot in the Devonaire Farms neighborhood. Here is today’s list of the best values for Malta apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terrabrook at Prairie RidgeGregory End4BR,2.5BA$1.61
Old Orchard Apartments5 TH5BR,2.5BA$0.73
Hampton Trail2BD 2BA2BR,2BA$1.27
St. Albans Greens Townhouses and Apartments2 Bedrooom TH NEW2BR,2BA$1.33
Barrington Plaza RealtyBarrington Plaza Realty2BR,1.5BA$1.11
Beacon Hill ApartmentsDaffodil2BR,1BA$1.42
Cortland EstatesTwo Bedroom2BR,1BA$1.39
Ashbury Court2B2BR,1BA$1.21
The Terraces at DekalbRidge Drive StudioStudio ,1BA$1.07
University Plaza ApartmentsA1 Floor Plan1BR,1BA$3.06

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

Explore Malta, IL Rentals by Map

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Getting Around Malta, IL

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Malta Apartments

What is the Cheapest Studio apartment in Malta?

Currently the most affordable Cheap Studio Apartment in Malta is at Amber Manor listed at $659.

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

The lowest price for a Cheap One Bedroom Malta Apartment is $679 at University Plaza Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Malta is starting from $925 at The Terraces at Dekalb.

What is the most affordable Malta Three Bedroom Apartment?

The best deal on a cheap Malta Three Bedroom Apartment rental is at The Terraces at Dekalb and starts from $1,250.

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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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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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.