
Cheap Homes for Rent near Cerro Gordo, IL from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Cerro Gordo.


759 E Lawrence St

101 Bailey Meadows

401 S 19th St

1719 W Olive St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1361 N 18th St

2051 N Main St

1753 E Clay St

615 Harper Ave

2490 E Prairie St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1255 E Clay St

1705 E N St

1811 N Morgan St

1741 N Woodford St

2150 E Clay St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

840 W Wood St
Cerro Gordo, IL Local Guide

How much does it cost to rent a home in Cerro Gordo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cerro Gordo 2 Bedroom Homes for Rent | $1,098 | $550 | $2,450 |
| Cerro Gordo 3 Bedroom Homes for Rent | $1,905 | $595 | $4,250 |
| Cerro Gordo 4 Bedroom Homes for Rent | $2,395 | $1,700 | $3,000 |
| Cerro Gordo 5 Bedroom Homes for Rent | $3,675 | $3,500 | $3,850 |
| Cerro Gordo 6 Bedroom Homes for Rent | $3,150 | $3,150 | $3,150 |
Browse Top Homes for Rent in Cerro Gordo
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Cerro Gordo, IL Local Guide
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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 Westport Apartments priced from $484. Country Place-Moweaqua I & ll has the second lowest priced unit, which is a 1 Bed apartment currently listed from $497. Here is today’s list of the most affordable Cerro Gordo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $507 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
Best Value Apartments for Rent in Cerro Gordo, IL and Nearby
As of July 24, 2026 the best value apartment in the Cerro Gordo area is the $1.15 price per square foot 4x2 Bronze Model at Sterling on First in the starting from $1,469. The second greatest value Cerro Gordo apartment is the 3 Bedroom Townhome (Standard Unit) Model at Tuscany Ridge Townhomes starting at $1,375 with a $1.08 price per square foot . Here is today’s list of the best values for Cerro Gordo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sterling on First | 4x2 Bronze | 4BR,2BA | $1.15 |
| Tuscany Ridge Townhomes | 3 Bedroom Townhome (Standard Unit) | 3BR,2.5BA | $1.08 |
| Parkstone Villas | 2Bed/2Bth | 2BR,2BA | $1.08 |
| Decatur Flats Apartments | 3BR/1.5BA | 3BR,1.5BA | $0.88 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $0.60 |
| 2474 N Florian | 10 | 2BR,1.5BA | $1.13 |
| The Quarry Apartments | Rhyolite | 2BR,1BA | $1.14 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $0.76 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cerro Gordo, IL Rentals by Map
See the most popular apartments and homes in Cerro Gordo, IL
Frequently Asked Questions about Cerro Gordo
What type of rentals are currently available in Cerro Gordo?
There are currently 46 Apartments for Rent in Cerro Gordo, IL with pricing that ranges from $482 to $2,655. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cerro Gordo ranging from $550 to $4,250.
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 $550 to $4,250 with an average monthly rent of $2,163.
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 $641 to $2,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $595 to $4,250. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,469.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.