
Cheap Homes for Rent in Colona, IL from $700 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Colona.


450 S 14th St

1003 6th St

3315 Valley Dr

801 Bend Blvd
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.

1577 31st Ave

1017 Grant St

1402 14th St

243 Orchard Ct

243 Orchard Ct
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.

720 30th St

4519 4th Ave

3804 Creek Hill Dr

312 28th Ave

626 33rd Ave
The Art of the Rental Viewing: What to look for during a property tour
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.

1533 23rd Ave
Colona, IL Local Guide

How much does it cost to rent a home in Colona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colona 2 Bedroom Homes for Rent | $1,263 | $750 | $1,999 |
| Colona 3 Bedroom Homes for Rent | $1,527 | $1,100 | $1,995 |
| Colona 4 Bedroom Homes for Rent | $2,049 | $1,400 | $2,750 |
| Colona 5 Bedroom Homes for Rent | $3,250 | $3,250 | $3,250 |
Browse Top Homes for Rent in Colona
Explore Colona
Colona, IL Local Guide
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Cheapest Available Colona Apartments for Rent and Nearby
 The cheapest available apartment rental in Colona, IL is a 1 Bed unit found at Shire and Rivendell Apartments in the Downtown Moline neighborhood priced from $650. Lincoln Manor Apartments in the Downtown Moline neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Colona apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shire and Rivendell Apartments | 1BR/1BA | 1BR,1BA | $650 |
| Lincoln Manor Apartments | One bedroom | 1BR,1BA | $695 |
| Pius Lane Apartments | 1 bed | 1BR,1BA | $750 |
| Fox Pointe Apartments | Primrose | 1BR,1BA | $787 |
| Avenues at East Moline | 1 Bed 1 Bath | 1BR,1BA | $795 |
Best Value Apartments for Rent in Colona, IL and Nearby
As of January 13, 2026 the best value apartment in the Colona area is the $1.12 price per square foot 4 Bedroom Home Model at Links at Pebble Creek in the in the Outer Davenport Bettendorf neighborhood starting from $3,500. The second greatest value Colona apartment is the Luxury 3br/2ba with River Views & Restaurants Model at Waterfront Apartments starting at $1,599 with a $1.16 price per square foot in the Villa Park neighborhood. Here is today’s list of the best values for Colona apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Links at Pebble Creek | 4 Bedroom Home | 4BR,3BA | $1.12 |
| Waterfront Apartments | Luxury 3br/2ba with River Views & Restaurants | 3BR,2BA | $1.16 |
| LeClaire | The Fitzgerald | 2BR,1BA | $1.00 |
| Moline Enterprise Lofts | 2x1 | 2BR,1BA | $0.94 |
| Downtown Townhomes | 2 bed | 2BR,1BA | $0.85 |
| Moline High School Lofts | 1 Bedroom 1 Bath | 1BR,1BA | $1.06 |
| Pius Lane Apartments | 1 bed | 1BR,1BA | $1.00 |
| Timber Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $1.19 |
| 807 9th St, Unit 805 | 807 9th St | 1BR,1BA | $1.12 |
| Shire and Rivendell Apartments | 1BR/1BA | 1BR,1BA | $1.08 |
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 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 ArticleCash 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.
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!
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See the most popular apartments and homes in Colona, IL
Frequently Asked Questions about Colona
What type of rentals are currently available in Colona?
There are currently 47 Apartments for Rent in Colona, IL with pricing that ranges from $591 to $3,500. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colona ranging from $700 to $3,250.
What is the current price range for Rental Homes in Colona?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Colona ranges from $700 to $3,250 with an average monthly rent of $1,650.
How much are larger Three and Four Bedroom Rentals in Colona?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Colona range from $1,050 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $2,695.
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

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.

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.

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!