Cheap Homes for Rent in Mount Sterling, IL from $400 (16 Rentals)

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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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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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Mount Sterling, IL Local Guide

Cheapest Available Mount Sterling Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mount Sterling, 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 Mount Sterling 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
Morton Street Apartments1 bed one bath1BR,1BA$690
1500 N Carolina St2X22BR,2BA$700

Best Value Apartments for Rent in Mount Sterling, IL and Nearby

As of May 16, 2025 the best value apartment in the Mount Sterling area is the $1.08 price per square foot Three Beds Two Baths Model at Emerson Garden Apartments in the starting from $1,400. The second greatest value Mount Sterling apartment is the 3x2 Model at 1500 N Carolina St starting at $1,000 with a $1.00 price per square foot . Here is today’s list of the best values for Mount Sterling apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerson Garden ApartmentsThree Beds Two Baths3BR,2BA$1.08
1500 N Carolina St3x23BR,2BA$1.00
Meadow View Landing2 Bedroom/1 Bath2BR,1BA$1.04
School House Apartments1 Bedroom and 1 Bath1BR,1BA$0.89
Summer Street ApartmentsApartment 12BR,1BA$1.00
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$0.97
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.06
CandlesA11BR,1BA$1.10
Park Madison Apartments1BR/1BA1BR,1BA$0.93
Jacksonville Affordable Housing1 Bedroom 60%1BR,1BA$0.84

Quick Rent Budget Calculator

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Frequently Asked Questions about Mount Sterling

What type of rentals are currently available in Mount Sterling?

There are currently 34 Apartments for Rent in Mount Sterling, IL with pricing that ranges from $300 to $1,975. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Sterling ranging from $298 to $2,700.

What is the current price range for Rental Homes in Mount Sterling?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mount Sterling ranges from $298 to $2,700 with an average monthly rent of $1,102.

How much are larger Three and Four Bedroom Rentals in Mount Sterling?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mount Sterling range from $340 to $1,975, while Three Bedroom Homes, Condos, and Townhomes for rent range from $298 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $600.

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.