
Cheap Homes for Rent in Eldorado, IL from $300 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Eldorado.


309 2nd St

418 W Webster St

6515 Uebelhack Rd

205 Vaux St
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.

405 2nd St

404 N Carroll St

606 W College St

118 Elles Ave

322 N Ferne Clyffe Rd
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.

614 5th St

205 Andrew Springs Dr

223 Clara St

608 N 20th St

1110 E Ruth St
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.

302 Elles Ave
Eldorado, IL Local Guide

How much does it cost to rent a home in Eldorado?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eldorado 2 Bedroom Homes for Rent | $835 | $390 | $1,200 |
| Eldorado 3 Bedroom Homes for Rent | $1,255 | $690 | $1,700 |
| Eldorado 4 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
| Eldorado 5 Bedroom Homes for Rent | $1,670 | $1,141 | $2,200 |
Browse Top Homes for Rent in Eldorado
Explore Eldorado
Eldorado, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saluki Apartments | Studio | Studio,1BA | $420 |
| Campus Edge | Studio | Studio,1BA | $450 |
| THE QUADS APARTMENTS | 0BR/1.0BA | Studio,1BA | $500 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $550 |
| Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $595 |
Best Value Apartments for Rent in Eldorado, IL and Nearby
As of November 07, 2025 the best value apartment in the Eldorado area is the $1.00 price per square foot 3 bedroom Model at 2707 Fairway Dr in the starting from $1,400. The second greatest value Eldorado apartment is the 4BR/2BA - Furnished Model at Eagle Village - Historical Access starting at $600 with a $0.50 price per square foot in the Evansville West Side neighborhood. Here is today’s list of the best values for Eldorado apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2707 Fairway Dr | 3 bedroom | 3BR,2BA | $1.00 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.50 |
| Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
| 900 on Park | Two Bedroom Furnished | 2BR,2BA | $0.82 |
| The Hill Apartments | The Hill 2 Bed 2 Bath | 2BR,2BA | $1.14 |
| Chesterfield Village | 1 Bedroom 1 Bath | 1BR,1BA | $1.22 |
| Century Estates | 2 Beds, 1 bath | 2BR,1BA | $1.11 |
| Newly Renovated 2 Bedrooms! | 2BR/1.0BA | 2BR,1BA | $1.05 |
| Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.79 |
| The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $1.20 |
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?
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.
Best Local Schools in Eldorado, IL
Eldorado Elementary School
Eldorado High School
Eldorado Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Eldorado, IL
Frequently Asked Questions about Eldorado
What type of rentals are currently available in Eldorado?
There are currently 45 Apartments for Rent in Eldorado, IL with pricing that ranges from $295 to $2,000. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eldorado ranging from $390 to $2,200.
What is the current price range for Rental Homes in Eldorado?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Eldorado ranges from $390 to $2,200 with an average monthly rent of $1,340.
How much are larger Three and Four Bedroom Rentals in Eldorado?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Eldorado range from $900 to $1,694, while Three Bedroom Homes, Condos, and Townhomes for rent range from $690 to $1,700. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $295.
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.