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


RESERVE AT LAKEVIEW

6th St Apartments

Moundford Terrace

Arthur Ave Apartments
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.

Stones Crossing Apartments

Timber Cove

Woodcrest Apartment Homes

1383 W Main St

305 W Bower St
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.
Mattoon, IL Local Guide

How much does it cost to rent an apartment in Mattoon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mattoon Studio Apartments | $631 | $575 | $650 |
Mattoon 1 Bedroom Apartments | $1,339 | $500 | $2,010 |
Mattoon 2 Bedroom Apartments | $1,457 | $507 | $2,500 |
Mattoon 3 Bedroom Apartments | $1,469 | $675 | $2,150 |
Mattoon 4 Bedroom Apartments | $1,474 | $1,449 | $1,499 |
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Mattoon, IL Local Guide
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Cheapest Available Mattoon Apartments for Rent and Nearby
 The cheapest available apartment rental in Mattoon, IL is a 1 Bed unit found at Rider Place priced from $500. Moundford Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $575. Here is today’s list of the most affordable Mattoon apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Rider Place | 1 Bedroom | 1BR,1BA | $500 |
Moundford Terrace | Efficiency | Studio,1BA | $575 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
Decatur Flats Apartments | 2BR/1.0BA | 2BR,1BA | $750 |
Best Value Apartments for Rent in Mattoon, IL and Nearby
As of May 07, 2025 the best value apartment in the Mattoon 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 Mattoon apartment is the 2404 Leeper Dr Model at Southwest Apartments starting at $1,350 with a $1.32 price per square foot . Here is today’s list of the best values for Mattoon 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 |
Southwest Apartments | 2404 Leeper Dr | 2BR,1.5BA | $1.32 |
Colony West | 2BR/1BA Condo | 2BR,1BA | $1.16 |
Panther Heights | 2 Bed 2 Bath | 2BR,2BA | $1.20 |
Royal Heights | 3 Person Occupancy | 3BR,1.5BA | $1.11 |
Decatur Flats Apartments | 2BR/1.0BA | 2BR,1BA | $0.86 |
Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
Moundford Terrace | Efficiency | Studio ,1BA | $1.33 |
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Best Local Schools in Mattoon, IL
Mattoon High School
Mattoon Middle School
School data provided by Great Schools
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Getting Around Mattoon, IL
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
50 / 100
Bikeable
Some 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 Mattoon Apartments
How much is rent for a Cheap One Bedroom Mattoon Apartment?
The lowest price for a Cheap One Bedroom Mattoon Apartment is $500 at Rider Place.
What is the lowest price for a Cheap Two Bedroom Mattoon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mattoon is starting from $630 at Rider Place.
What is the most affordable Mattoon Three Bedroom Apartment?
The best deal on a cheap Mattoon Three Bedroom Apartment rental is at Rider Place and starts from $675.
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.

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.

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.

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.

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.