Cheap Apartments for Rent in Aledo, IL from $500 (36 Rentals)

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

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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
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Valley View
1 to 3 Bedroom Apartments

Valley View

4700 61st Street DrMoline, IL 61265
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Showing Results 1-36, 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 $650. 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$650
1215 24th Street Place - River Oaks Apartments1BR/1.0BA1BR,1BA$775
Sherwood Forest Apartments1BR/1BA1BR,1BA$795
Colorado Senior Lofts 55+Two Bedroom2BR,1BA$799
Pine Ridge1-sycam1BR,1BA$810
Crescent LoftsIncome Restricted1BR,1BA$824
Beverly Manor Apartments2 Bedroom2BR,1BA$850
Union Arcade BuildingStudioStudio,1BA$875
PARKWAY ESTATES3 Bedroom 2 Bath3BR,2BA$880

Best Value Apartments for Rent in Aledo, IL and Nearby

As of September 15, 2025 the best value apartment in the Aledo area is the $1.00 price per square foot 2bd/2ba Model at Davenport Bank Apartments in the in the Vander Veer Park neighborhood starting from $1,400. The second greatest value Aledo apartment is the 3 Bedroom 2 Bath Model at PARKWAY ESTATES starting at $880 with a $0.81 price per square foot . 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 Apartments2bd/2ba2BR,2BA$1.00
PARKWAY ESTATES3 Bedroom 2 Bath3BR,2BA$0.81
LeClaireThe Monroe2BR,1BA$1.02
Colorado Senior Lofts 55+Two Bedroom2BR,1BA$0.86
Crescent LoftsMarket 1 bed 1.5 bath1BR,1.5BA$1.19
Sherwood Forest Apartments1BR/1BA1BR,1BA$1.05
Beverly Manor Apartments2 Bedroom2BR,1BA$1.19
1215 24th Street Place - River Oaks Apartments1BR/1.0BA1BR,1BA$1.11
Pine Ridge1-sycam1BR,1BA$1.20
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.99

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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 Union Arcade Building listed at $875.

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

The lowest price for a Cheap One Bedroom Aledo Apartment is $650 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 PARKWAY ESTATES and starts from $880.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.