Cheap Apartments for Rent in 62040

28 rentals

Apartments For Rent Near 62040

We found 30 more apartments matching your filters just outside 62040

Average Rent Trends in 62040

Rent in 62040 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Jul 2025$1,100
Aug 2025$1,000
Sep 2025$1,000
Oct 2025$950
Nov 2025$1,000
Dec 2025$1,085
Jan 2026$1,078
Feb 2026$995
Mar 2026$1,000
Apr 2026$1,025
May 2026$1,138
Jun 2026$1,195
View as a graph

Average Rent By Bedroom and Home Type

In July 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$800$1,095$1,250$1,400$1,095
Townhomes$800———$800
Apartments and Condos$800$1,095——$850
Houses$850$1,000$1,250$1,400$1,200

Frequently Asked Questions about Rentals in 62040

  • What is the average rent of an apartment in 62040?
    The average rent of an apartment in 62040 is $970 per month. This is about 50% lower than the national average.
  • When is the average rent cheapest in 62040?
    In the last year, the average rent in 62040 was lowest in May 2025 when it was $902 per month.
  • When is the average rent most expensive in 62040?
    In the last year, the average rent in 62040 was highest in Jul 2025 when it was $1,100 per month.
  • How many available rental listings are in 62040?
    There are 29 available rental listings in 62040.
  • What are some cities near 62040?
    Some nearby cities include: Granite City, Madison, Mitchell, Pontoon Beach, Venice, Glasgow Village. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 62040 - 908 Rentas | Trulia