Cheap Apartments for Rent in Eldorado, IL from $400 (35 Rentals)

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Beulah Heights
2 Bedroom Apartments

Beulah Heights

2810 Wills StEldorado, IL 62930

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.

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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.

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413 W Main St
1 to 3 Bedroom Apartments

413 W Main St

405 S Graham AveCarbondale, IL 62901

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Maple Valley Townhomes
2 Bedroom Apartments

Maple Valley Townhomes

618 E Waverly StMorganfield, KY 42437
  • Utilities Included
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Eldorado, IL Local Guide

Cheapest Available Eldorado Apartments for Rent and Nearby

 

The cheapest available apartment rental in Eldorado, IL is a Studio unit found at Saluki Apartments priced from $420. Campus Edge has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Eldorado apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Saluki ApartmentsStudioStudio,1BA$420
Campus EdgeStudioStudio,1BA$450
The Quadrangle Apartments0BR/1.0BAStudio,1BA$450
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$565
Alpha Property Management (Alpha Rentals)One Bedroom (1 bath or 1.5 bath)1BR,1BA$600
Come Enjoy Ashburn Court Apartments1BR/1.0BA1BR,1BA$650
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$700
Newly Renovated 2 Bedrooms!2BR/1.0BA2BR,1BA$790
University Edge Apartments2 Bedroom2BR,2BA$800
710 W Mill St2 Bed2BR,1BA$950

Best Value Apartments for Rent in Eldorado, IL and Nearby

As of June 03, 2025 the best value apartment in the Eldorado area is the $0.97 price per square foot Country Club House Model at Mountain Valley Properties -Carbondale in the starting from $2,240. The second greatest value Eldorado apartment is the 3 bedroom Model at 2707 Fairway Dr starting at $1,400 with a $1.00 price per square foot . Here is today’s list of the best values for Eldorado apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mountain Valley Properties -CarbondaleCountry Club House3BR,2.5BA$0.97
2707 Fairway Dr3 bedroom3BR,2BA$1.00
Eagle Village Student Housing4x2 Single Bed Unfurnished4BR,2BA$0.44
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
Cedar Creek RentalsCedar Creek 12BR,1BA$1.10
710 W Mill St2 Bed2BR,1BA$1.12
Newly Renovated 2 Bedrooms!2BR/1.0BA2BR,1BA$1.05
Alpha Property Management (Alpha Rentals)One Bedroom (1 bath or 1.5 bath)1BR,1BA$0.87
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$1.14
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$1.26

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Best Local Schools in
Eldorado, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Explore Eldorado, IL Rentals by Map

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See the most popular apartments and homes in Eldorado, IL

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Getting Around Eldorado, IL

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

54 / 100

Bikeable

Some 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 Eldorado Apartments

What is the Cheapest Studio apartment in Eldorado?

Currently the most affordable Cheap Studio Apartment in Eldorado is at Saluki Apartments listed at $420.

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

The lowest price for a Cheap One Bedroom Eldorado Apartment is $565 at Saint Germain Square.

What is the lowest price for a Cheap Two Bedroom Eldorado Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Eldorado is starting from $700 at Alpha Property Management (Alpha Rentals).

What is the most affordable Eldorado Three Bedroom Apartment?

The best deal on a cheap Eldorado Three Bedroom Apartment rental is at The Quadrangle Apartments and starts from $800.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.