Cheap Apartments for Rent in Wood River, IL from $500 (30 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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710-728 Connor Dr
2 Bedroom Apartments

710-728 Connor Dr

710-728 Connor DrSouth Roxana, IL 62087
  • Utilities Included

From Arch to Apartment: The St. Louis Insider's Guide to Renting Near the Area's Top Employers

The St. Louis Insider's Guide to renting near BJC, WashU, Boeing, SSM Health, and Anheuser-Busch. Find your perfect neighborhood to balance commute, lifestyle, and budget.

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Diplomat Apartments
1 to 2 Bedroom Apartments

Diplomat Apartments

385-407 Kent StEast Alton, IL 62024
  • Utilities Included
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Heatherton Estates
1 to 3 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
Corporate Housing

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Wood River, IL Local Guide

Cheapest Available Wood River Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wood River, IL is a 1 Bed unit found at Trinity Park in the North Riverfront neighborhood priced from $525. Rivers Edge Apartments in the Metro East neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Wood River apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Trinity Park1 bedroom, 1 bathroom1BR,1BA$525
Rivers Edge ApartmentsEfficiencyStudio,1BA$625
The Residences at Bella VistaClassic1BR,1BA$700
Rivertrail Apartments1bd1BR,1BA$700
Rocwood Apartments1BR Units1BR,1BA$700
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$700
Spanish Lake TownhomesLuna1BR,1BA$750
Brighton Apartments1 Bedroom1BR,1BA$775
Whispering Lake Apartments1BR 1BA GARDEN1BR,1BA$785
Bilava Village1BD/1BA1BR,1BA$795

Best Value Apartments for Rent in Wood River, IL and Nearby

As of January 02, 2026 the best value apartment in the Wood River area is the $1.09 price per square foot 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes in the in the North Riverfront neighborhood starting from $1,555. The second greatest value Wood River apartment is the B1 Model at Parc at 720 starting at $900 with a $0.72 price per square foot in the Fruit Maple Carpenter neighborhood. Here is today’s list of the best values for Wood River apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$1.09
Parc at 720B12BR,2BA$0.72
Cedar Point ApartmentsTwo Bedroom Townhouse2BR,1.5BA$1.11
Victorian Village2 Bed 1.5 Bath2BR,1.5BA$1.09
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.12
Spanish Lake TownhomesLuna1BR,1BA$0.95
The Residences at Bella VistaClassic1BR,1BA$1.09
Rivertrail Apartments1bd1BR,1BA$1.00
Trinity Park1 bedroom, 1 bathroom1BR,1BA$1.05
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$1.08

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in St. Louis

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the St. Louis, MO metro area for affordable living. Find your perfect Student apartment, condo, or rental home today at apartmenthomeliving.com

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

Explore Wood River, IL Rentals by Map

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See the most popular apartments and homes in Wood River, IL

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Frequently Asked Questions about Cheap Wood River Apartments

How much is rent for a Cheap One Bedroom Wood River Apartment?

The lowest price for a Cheap One Bedroom Wood River Apartment is $525 at Trinity Park.

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

Today's best deal for a Cheap Two Bedroom Apartment in Wood River is starting from $625 at Trinity Park.

What is the most affordable Wood River Three Bedroom Apartment?

The best deal on a cheap Wood River Three Bedroom Apartment rental is at Spanish Lake Townhomes and starts from $880.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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A Local Expert’s Guide To the 10 Top Budget-Friendly Neighborhoods to Rent in St. Louis

Written by: Taryn Shorr-Mckee

I’m Taryn, your ApartmentHomeLiving.com team Local Expert for St. Louis, Missouri. Nicknamed “a city of neighborhoods,” St. Louis has nearly 80 distinct communities, each with unique characteristics setting it apart from others.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.