
Cheap Homes for Rent in Aledo, IL from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Aledo.


1319 17th St

607 NE 3rd Ave

807 NW 6th St

105 SE 13th St

1604 30th St

407-407 SW 8th St

509 SE 4th St

620 E Broadway

4538-4540-4540 15th Ave

605 W 3rd St

1701 25th St

803 5th Ave

211 W 7th St

508 Lorenz St
Aledo, IL Local Guide

How much does it cost to rent a home in Aledo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Aledo 2 Bedroom Homes for Rent | $931 | $700 | $1,495 |
Aledo 3 Bedroom Homes for Rent | $1,325 | $850 | $1,950 |
Aledo 4 Bedroom Homes for Rent | $1,616 | $1,250 | $2,300 |
Browse Top Homes for Rent in Aledo
Explore Aledo
Aledo, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mayfair Manor | 2x1 | 2BR,1BA | $525 |
RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $620 |
Eagles Crest Apartments | 1 bed 1 bath with patio | 1BR,1BA | $685 |
Pine Ridge | s-mulber | Studio,1BA | $695 |
Cotton Mill Apartments | 1 Bed, 1 bath | 1BR,1BA | $700 |
Best Value Apartments for Rent in Aledo, IL and Nearby
As of April 16, 2025 the best value apartment in the Aledo area is the $1.03 price per square foot 2 Bedrooms, 2 Bathrooms Model at Haven at Parkway in the in the Rock Riverfront neighborhood starting from $1,275. The second greatest value Aledo apartment is the 1bd/1ba Model at Davenport Bank Apartments starting at $900 with a $0.75 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Haven at Parkway | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.03 |
Davenport Bank Apartments | 1bd/1ba | 1BR,1BA | $0.75 |
PARKWAY ESTATES | 2 Bedroom 1 Bath | 2BR,1BA | $0.81 |
Garfield School | 1 Bedroom, 1 Bath | 1BR,1BA | $0.98 |
210 NE 3rd St, Unit APT 4 | 210 NE 3rd St | 2BR,1BA | $1.07 |
Eagles Crest Apartments | 1 bed 1 bath with patio | 1BR,1BA | $0.98 |
The Vue at 7th Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.04 |
Cotton Mill Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.00 |
Crescent Lofts | Income Restricted | 1BR,1BA | $1.10 |
RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $0.95 |
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Frequently Asked Questions about Aledo
What type of rentals are currently available in Aledo?
There are currently 49 Apartments for Rent in Aledo, IL with pricing that ranges from $525 to $2,350. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Aledo ranging from $550 to $2,300.
What is the current price range for Rental Homes in Aledo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Aledo ranges from $550 to $2,300 with an average monthly rent of $1,140.
How much are larger Three and Four Bedroom Rentals in Aledo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Aledo range from $880 to $2,350, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,950. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,350.
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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords & Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.