
Cheap Homes for Rent in Aledo, IL from $600 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Aledo.


608 W 3rd St

415 W 4th St

407-407 SW 8th St

1710 Miles Ave
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.

1003 6th St

703 W 5th St

313 Cherry St

417 1/2 W 4th St

114 S Mississippi St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1701 25th St

3803 Pearl Ave

1234 E 4th St

207 W 4th St

2501 26th Ave Ct
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.

2708 7th Ave

212 E 2nd 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 | $924 | $700 | $1,450 |
| Aledo 3 Bedroom Homes for Rent | $1,374 | $875 | $2,000 |
| Aledo 4 Bedroom Homes for Rent | $1,640 | $1,150 | $3,100 |
| Aledo 5 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
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 Welch Hotel Senior Apartments in the Oak Ridge neighborhood priced from $452. Mayfair Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $525. Here is today’s list of the most affordable Aledo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Welch Hotel Senior Apartments | Two Bedroom | 2BR,1BA | $452 |
| Mayfair Manor | 2x1 | 2BR,1BA | $525 |
| RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $650 |
| Eagles Crest Apartments | 1 bed 1 bath with patio | 1BR,1BA | $700 |
| 1215 24th Street Place - River Oaks Apartments | 1BR/1.0BA | 1BR,1BA | $775 |
Best Value Apartments for Rent in Aledo, IL and Nearby
As of November 03, 2025 the best value apartment in the Aledo area is the $1.00 price per square foot 3BR/2.0BA Model at Beverly Manor in the in the Villa Park neighborhood starting from $1,495. The second greatest value Aledo apartment is the 2bd/2ba Model at Davenport Bank Apartments starting at $1,400 with a $1.00 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. |
|---|---|---|---|
| Beverly Manor | 3BR/2.0BA | 3BR,2BA | $1.00 |
| Davenport Bank Apartments | 2bd/2ba | 2BR,2BA | $1.00 |
| LeClaire | The Hepburn | 2BR,1BA | $1.07 |
| Vue at 7th | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.00 |
| PARKWAY ESTATES | 2 Bedroom 1 Bath | 2BR,1BA | $0.86 |
| River Ridge 2301-2325 University Drive | 2 bed | 2BR,1BA | $1.00 |
| Crescent Lofts | Market 1 bed 1.5 bath | 1BR,1.5BA | $1.19 |
| Sherwood Forest Apartments | 1BR/1BA | 1BR,1BA | $1.05 |
| 1215 24th Street Place - River Oaks Apartments | 1BR/1.0BA | 1BR,1BA | $1.11 |
| RIVERWALK LOFTS | 1 Bed 1 Bath | 1BR,1BA | $0.99 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Aledo, IL
Apollo Elementary School
Mercer County High School
Mercer County Intermediate School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Aledo, IL Rentals by Map
See the most popular apartments and homes in Aledo, IL
Frequently Asked Questions about Aledo
What type of rentals are currently available in Aledo?
There are currently 52 Apartments for Rent in Aledo, IL with pricing that ranges from $452 to $2,400. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Aledo ranging from $685 to $3,100.
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 $685 to $3,100 with an average monthly rent of $1,230.
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 $815 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $930.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.