Cheap Apartments for Rent in Eldorado, IL from $300 (23 Rentals)

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

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.

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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.

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413 W Main St
1 to 4 Bedroom Apartments

413 W Main St

405 S Graham AveCarbondale, IL 62901
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Maple Valley Townhomes
2 Bedroom Apartments

Maple Valley Townhomes

618 E Waverly StMorganfield, KY 42437
  • Utilities Included

The 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.

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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
Schilling Property Management1 Bed, 1 bath1BR,1BA$550
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$580

Best Value Apartments for Rent in Eldorado, IL and Nearby

As of September 07, 2025 the best value apartment in the Eldorado area is the $0.45 price per square foot Three Bedroom (1.5 or 2.5 bath) Model at Alpha Property Management (Alpha Rentals) in the starting from $995. 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.
Alpha Property Management (Alpha Rentals)Three Bedroom (1.5 or 2.5 bath)3BR,2BA$0.45
2707 Fairway Dr3 bedroom3BR,2BA$1.00
Eagle Village4BR/2BA - Furnished4BR,2BA$0.50
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
The Hill ApartmentsThe Hill 2 Bed 2 Bath Large2BR,2BA$1.01
Newly Renovated 2 Bedrooms!2BR/1.0BA2BR,1BA$1.05
Schilling Property Management1 Bed, 1 bath1BR,1BA$0.79
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$1.29
Ambassador Studio ApartmentsStudioStudio ,1BA$1.33
University Edge ApartmentsStudioStudio ,1BA$1.40

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Best Local Schools 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 $550 at Schilling Property Management.

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 $790 at Newly Renovated 2 Bedrooms!.

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 $900.

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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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.