Cheap Apartments for Rent in Aledo, IL from $500 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Aledo.

property at 509 SE 4th St

509 SE 4th St

AledoIL61231
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Spencer Towers
1 Bedroom Apartments

Spencer Towers

111 20th StRock Island, IL 61201
  • Utilities Included
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Valley View
1 to 2 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
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Showing Results 1-44, Page 1 of 1

Aledo, IL Local Guide

Cheapest Available Aledo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Aledo, IL is a 2 Beds unit found at Mayfair Manor priced from $525. RIVERWALK LOFTS in the Vander Veer Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Aledo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mayfair Manor2x12BR,1BA$525
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$620
Pine Ridges-mulberStudio,1BA$685
Eagles Crest Apartments1 bed 1 bath with patio1BR,1BA$685
Cotton Mill Apartments1 Bed, 1 bath1BR,1BA$700
Butterworth Apartments1 Bed, 1 bath1BR,1BA$700
LaFayette SquareThe Vega2BR,1BA$720
Crescent LoftsIncome Restricted1BR,1BA$760
Timber Ridge Apartments1BR/1.0BA1BR,1BA$775

Best Value Apartments for Rent in Aledo, IL and Nearby

As of March 23, 2025 the best value apartment in the Aledo area is the $0.75 price per square foot 1bd/1ba Model at Davenport Bank Apartments in the in the Vander Veer Park neighborhood starting from $900. The second greatest value Aledo apartment is the The Fairlane Model at LaFayette Square starting at $1,195 with a $1.13 price per square foot in the Vander Veer Park neighborhood. Here is today’s list of the best values for Aledo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Davenport Bank Apartments1bd/1ba1BR,1BA$0.75
LaFayette SquareThe Fairlane3BR,2BA$1.13
LeClaireThe Sinatra2BR,1BA$1.01
Garfield School Senior Residences1 Bedroom, 1 Bath1BR,1BA$0.98
1215 24th Street Place - River Oaks Apartm2BR/1.0BA2BR,1BA$1.09
210 NE 3rd St, Unit APT 4210 NE 3rd St2BR,1BA$1.07
Cotton Mill Apartments1 Bed, 1 bath1BR,1BA$1.00
Eagles Crest Apartments1 bed 1 bath with patio1BR,1BA$0.98
Crescent LoftsIncome Restricted1BR,1BA$1.10
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.95

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Getting Around Aledo, IL

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Aledo Apartments

What is the Cheapest Studio apartment in Aledo?

Currently the most affordable Cheap Studio Apartment in Aledo is at Pine Ridge listed at $685.

How much is rent for a Cheap One Bedroom Aledo Apartment?

The lowest price for a Cheap One Bedroom Aledo Apartment is $620 at RIVERWALK LOFTS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Aledo is starting from $525 at Mayfair Manor.

What is the most affordable Aledo Three Bedroom Apartment?

The best deal on a cheap Aledo Three Bedroom Apartment rental is at LaFayette Square and starts from $1,195.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.