Cheap Homes for Rent in Cerro Gordo, IL from $400 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Cerro Gordo.

Cerro Gordo, IL Local Guide

Cheapest Available Cerro Gordo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cerro Gordo, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Cerro Gordo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$421
Rider Place1 Bedroom1BR,1BA$500
Twin Oaks2423 W. Bradley Ave1BR,1BA$610
Barrington1 Bedroom1BR,1BA$685
Stones Crossing ApartmentsVery nice and updated one bedroom for rent!!!!!1BR,1BA$700

Best Value Apartments for Rent in Cerro Gordo, IL and Nearby

As of April 15, 2025 the best value apartment in the Cerro Gordo area is the $1.00 price per square foot 3BR/2.0BA Model at Decatur Flats Apartments in the starting from $1,299. The second greatest value Cerro Gordo apartment is the 3 Bedroom Townhome (Remodeled) Model at Tuscany Ridge Townhomes starting at $1,500 with a $1.18 price per square foot . Here is today’s list of the best values for Cerro Gordo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Decatur Flats Apartments3BR/2.0BA3BR,2BA$1.00
Tuscany Ridge Townhomes3 Bedroom Townhome (Remodeled)3BR,2.5BA$1.18
The Cove At Boulder Ridge2 bedroom 2 bath2BR,2BA$1.23
Wellington Place2 Bedroom2BR,1.5BA$1.01
Colony West2BR/1BA Condo2BR,1BA$1.16
RESERVE AT LAKEVIEWOne Bedroom One Bathroom1BR,1BA$0.69
Stones Crossing ApartmentsVery nice and updated one bedroom for rent!!!!!1BR,1BA$1.16
Barrington1 Bedroom1BR,1BA$1.25
Twin Oaks2423 W. Bradley Ave1BR,1BA$1.11
Rider Place1 Bedroom1BR,1BA$0.92

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Cerro Gordo

What type of rentals are currently available in Cerro Gordo?

There are currently 39 Apartments for Rent in Cerro Gordo, IL with pricing that ranges from $500 to $3,400. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cerro Gordo ranging from $400 to $3,800.

What is the current price range for Rental Homes in Cerro Gordo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cerro Gordo ranges from $400 to $3,800 with an average monthly rent of $1,140.

How much are larger Three and Four Bedroom Rentals in Cerro Gordo?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cerro Gordo range from $675 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,449.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.