
Cheap Homes for Rent in Eldred, IL from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Eldred.


900 Washington Ave

2418 Sanford Ave

1517 Waverly St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

211 W County Rd

3108 Alby St

119 N St Charles St

500 Frank Ford Rd
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.
Eldred, IL Local Guide

How much does it cost to rent a home in Eldred?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eldred 2 Bedroom Homes for Rent | $1,275 | $875 | $1,650 |
| Eldred 3 Bedroom Homes for Rent | $1,790 | $1,000 | $2,400 |
| Eldred 4 Bedroom Homes for Rent | $1,844 | $1,250 | $2,600 |
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Eldred, IL Local Guide
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Cheapest Available Eldred Apartments for Rent and Nearby
 The cheapest available apartment rental in Eldred, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $485. Laborer's Home Development IV, For Age 62+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable Eldred apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $485 |
| Laborer's Home Development IV, For Age 62+ | 1 BR | 1BR,1BA | $830 |
| River Chase | Brentwood | 1BR,1BA | $855 |
Best Value Apartments for Rent in Eldred, IL and Nearby
As of May 03, 2026 the best value apartment in the Eldred area is the $1.42 price per square foot 3B/2.5B Walkout Basement M Model at Springwell Apartments in the in the Brighton Park neighborhood starting from $2,500. The second greatest value Eldred apartment is the Bentley 2BR 2BA 1020 sq ft Model at Remington Apartments starting at $1,510 with a $1.48 price per square foot in the Brighton Park neighborhood. Here is today’s list of the best values for Eldred apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Springwell Apartments | 3B/2.5B Walkout Basement M | 3BR,2BA | $1.42 |
| Remington Apartments | Bentley 2BR 2BA 1020 sq ft | 2BR,2BA | $1.48 |
| Greenway Chase | 2 x 2 | 2BR,2BA | $1.32 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| Peine Lakes | The Adler | 1BR,1BA | $1.35 |
| Cedarbrook Apartments | 2 Bedroom Garden | 2BR,1BA | $1.42 |
| St. Andrews Apartments | 2 Bedroom Garden | 2BR,1BA | $1.37 |
| River Chase | Brentwood | 1BR,1BA | $1.32 |
| Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.88 |
| Laborer's Home Development IV, For Age 62+ | 1 BR | 1BR,1BA | $1.43 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 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 Eldred, IL
Frequently Asked Questions about Eldred
What type of rentals are currently available in Eldred?
There are currently 42 Apartments for Rent in Eldred, IL with pricing that ranges from $347 to $3,271. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eldred ranging from $750 to $2,600.
What is the current price range for Rental Homes in Eldred?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Eldred ranges from $750 to $2,600 with an average monthly rent of $1,427.
How much are larger Three and Four Bedroom Rentals in Eldred?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Eldred range from $900 to $2,675, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,050.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.