Cheap Apartments for Rent in Aledo, IL from $500 (37 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Butterworth Apartments
$775 - $900
Total Monthly Price

Total Monthly Price

Base Rent
$725 - $850
Required Monthly Fees
$50

Total Monthly Price
$775 - $900
1 to 2 Bedroom Apartments Contact Us For Availability

Butterworth Apartments

725 16th AveMoline, IL 61265
  • Verified
  • Utilities Included
  • Smoke Free

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Homewood Manor
$895 - $1,185
Total Monthly Price

Total Monthly Price

Base Rent
$820 - $1,110
Required Monthly Fees
$75

Total Monthly Price
$895 - $1,185
1 to 2 Bedroom Apartments Available Now

Homewood Manor

3425 60th StMoline, IL 61265
Family Friendly
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  • 3D Tour
  • Smoke Free
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Spencer Towers
1 Bedroom Apartments

Spencer Towers

111 20th StRock Island, IL 61201
  • Utilities Included
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LaFayette Square
2 to 4 Bedroom Apartments

LaFayette Square

625 W 4th StDavenport, IA 52801
  • Utilities Included

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Valley View
1 to 3 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
  • Utilities Included
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2323-3030 31st Ave
2 Bedroom Apartments

2323-3030 31st Ave

2323-3030 31st AveRock Island, IL 61201
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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. Century Woods Apartments in the Douglas Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $615. Here is today’s list of the most affordable Aledo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mayfair Manor2x12BR,1BA$525
Century Woods Apartments1 BR 1 Bath1BR,1BA$615
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$650
Welch Hotel Senior ApartmentsStudioStudio,1BA$695
Eagles Crest Apartments1 bed 1 bath with patio1BR,1BA$700
Apartments on MainStudioStudio,1BA$750
Sherwood Forest Apartments1BR/1BA1BR,1BA$795
Urbane 210Acadian w/BalconyStudio,1BA$795
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$805
Pershing Hill LoftsStudioStudio,1BA$818

Best Value Apartments for Rent in Aledo, IL and Nearby

As of February 21, 2026 the best value apartment in the Aledo area is the $1.13 price per square foot 3x2 Model at Halligan Coffee Company Lofts in the in the Vander Veer Park neighborhood starting from $1,548. The second greatest value Aledo apartment is the 1bd/1ba Model at Davenport Bank Apartments starting at $1,250 with a $1.04 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.
Halligan Coffee Company Lofts3x23BR,2BA$1.13
Davenport Bank Apartments1bd/1ba1BR,1BA$1.04
Cobblestone Apartments2BR/2BA2BR,2BA$0.93
PARKWAY ESTATES2 Bedroom 1 Bath2BR,1BA$0.86
Moline Enterprise Lofts2x12BR,1BA$1.01
River Ridge 2301-2325 University Drive2 bed2BR,1BA$1.03
Moline High School Lofts1 Bedroom 1 Bath1BR,1BA$1.06
Sherwood Forest Apartments1BR/1BA1BR,1BA$1.05
Century Woods Apartments1 BR 1 Bath1BR,1BA$0.82
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.99

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 Welch Hotel Senior Apartments listed at $695.

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

The lowest price for a Cheap One Bedroom Aledo Apartment is $615 at Century Woods Apartments.

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 Century Woods Apartments and starts from $815.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.