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Studio Apartment for Rent in Granite City, IL

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    Starting at $625 Per Month

    • Studio - 4 Beds

    1635 W 1st St, Granite City, IL 62040

    River's Edge Apartments offers a variety of efficiency, 2, 3, and 4 bedroom layouts in a campus-like setting. Our convenient location provides excellent access to the region: just 10 minutes to downtown St. Louis, MO, and fast access to Pontoon Beach, Glen Carbon, Edwardsville, Wood River, Collinsville, Fairview Heights, and other Southwest Illinois communities. Rent includes electric, gas,

    Rivers Edge Apartments

    1635 W 1st St, Granite City, IL 62040

Why Live in Granite City

Granite City, located in southwestern Illinois, is a community with a rich industrial history, particularly in steel production. Named for its graniteware manufacturing roots, this suburb of St. Louis has a population of 27,500 and offers a variety of housing options, including early 19th-century bungalows, midcentury ranch-style homes, and newer traditional-style houses. The average property price is $129,770, which is significantly lower than both the national and St. Louis averages. Granite City is home to the Granite City Works steel mill and the 350-acre Northgate Industrial Park, which houses several manufacturing companies. Despite recent layoffs at the steel mill, the city remains economically active. The downtown area is undergoing revitalization, highlighted by The District entertainment corridor and The Mill venue, which hosts concerts and performances. Wilson Park, spanning 74 acres, features pools, an ice rink, and various sports courts, while Worthen Park offers a football field and dog park. Indoor recreation is available at the Brown Recreation Center and Lincoln Place Community Center. Granite City is conveniently located about 10 miles from downtown St. Louis and 16 miles from St. Louis Lambert International Airport, with easy access via major highways and Madison County Transit bus stops.

Frequently Asked Questions

How much does it cost to rent a home in Granite City, IL?
The median rent for a home in Granite City, IL is $1,097 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Granite City, IL?
To comfortably afford the median rent in Granite City, IL, a household needs to earn roughly $43,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,097 per month in Granite City, IL, renters typically need to show $3,291 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Granite City, IL?
In Granite City, IL, the price-to-rent ratio is 10.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Granite City, IL are best for renting a home?
The best neighborhood for renting in Granite City, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Saint Louis, Midtown and Central West End, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,097
Median Single Family Home Rent
$1,095
Median Townhouse Rent
$1,095
Median Condo Rent
$750
How to Rent a Home