Cheap Apartments for Rent in 62040
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Use arrow keys to navigateNEW - 23 HRS AGOSPECIAL OFFERPET FRIENDLY$1,000 - $1,200/mo
1-2 Beds
1 BathMetro Apartments at Granite City | 4078-1 Kathy Dr #7-K-4050,
Granite City, IL 62040
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Apartments For Rent Near 62040
We found 30 more apartments matching your filters just outside 62040
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NEW - 7 HRS AGO
PET FRIENDLY$649 - $789/moStudio-1 Bed1 BathThe Regency at St. Louis Apartments | 1610 N Kingshighway Blvd #1002,
Saint Louis, MO 63113
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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 May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $950 |
| 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 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $883 | $925 | $1,150 | — | $975 |
| Townhomes | $700 | — | — | — | $700 |
| Apartments and Condos | $975 | $995 | $975 | — | $975 |
| Houses | $850 | $850 | $1,325 | — | $1,140 |
Frequently Asked Questions about Rentals in 62040
- What is the average rent in 62040?The average rent in 62040 is $1,126. Rent prices range from $600 to as much as $2,250, depending on the type of rental.
- How does the rent in 62040 compare to the national average?Average rent in 62040 is about 41% lower than the national average rent of $1,910. That means it is less expensive to rent in 62040 compared to the U.S. average.
- What is the average rent in 62040, by number of bedrooms?The average rent in 62040 is $ for a studio, $975 for a 1 bedroom, $1,000 for a 2 bedroom, $1,325 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices in 62040 changed compared to last year?In the past year, the average rent price in 62040 has increased by $224. That means the average rent is 20% higher than last year.
- How many available rental listings are in 62040?There are 19 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.