
Cheap Homes for Rent in Eleroy, IL from $300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Eleroy.


205 E Main St

120 Brown St

202 W High 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.

527 E Center St

618 W Clark St

711 W Ringold St

1620 S Rawleigh Ave
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.
Eleroy, IL Local Guide

How much does it cost to rent a home in Eleroy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eleroy 2 Bedroom Homes for Rent | $1,086 | $500 | $1,350 |
| Eleroy 3 Bedroom Homes for Rent | $1,330 | $500 | $1,700 |
| Eleroy 4 Bedroom Homes for Rent | $1,875 | $925 | $3,000 |
Browse Top Homes for Rent in Eleroy
Explore Eleroy
Eleroy, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Eleroy Apartments for Rent and Nearby
 The cheapest available apartment rental in Eleroy, IL is a 2 Beds unit found at Rockford Housing Authority in the Central Terrace neighborhood priced from $480. Northland Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Eleroy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rockford Housing Authority | Park Terrace 2 Bed | 2BR,1BA | $480 |
| Northland Park Apartments | Studio | Studio,1BA | $625 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $675 |
Best Value Apartments for Rent in Eleroy, IL and Nearby
As of January 08, 2026 the best value apartment in the Eleroy area is the $1.20 price per square foot 3 Bedroom Model at 3428 Harrison Ave in the in the Rolling Green neighborhood starting from $1,500. The second greatest value Eleroy apartment is the 3BR/2.0BA Model at The Haven at Willow Creek starting at $1,550 with a $1.26 price per square foot in the North Rock neighborhood. Here is today’s list of the best values for Eleroy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3428 Harrison Ave | 3 Bedroom | 3BR,1.5BA | $1.20 |
| The Haven at Willow Creek | 3BR/2.0BA | 3BR,2BA | $1.26 |
| Greenfield | 186-a | 2BR,1.5BA | $0.65 |
| Laramie Apartment Homes | 4126 Laramie Lane | 2BR,1BA | $1.34 |
| Creekview Apartments - 1st Month FREE! | Newly Renovated 1BR+Washer/dryer | 1BR,1BA | $1.36 |
| ***CREEKVIEW PROPERTIES*** | Upper floor with dishwasher | 2BR,1BA | $1.31 |
| Dixon River Apartments | 1BD/1BA | 1BR,1BA | $1.03 |
| Prestwick Senior Living | One Bedroom | 1BR,1BA | $1.30 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $1.10 |
| Rockford Housing Authority | Olesen Plaza 1 Bed | 1BR,1BA | $0.98 |
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!
Explore Eleroy, IL Rentals by Map
See the most popular apartments and homes in Eleroy, IL
Frequently Asked Questions about Eleroy
What type of rentals are currently available in Eleroy?
There are currently 61 Apartments for Rent in Eleroy, IL with pricing that ranges from $480 to $2,500. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eleroy ranging from $350 to $3,000.
What is the current price range for Rental Homes in Eleroy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Eleroy ranges from $350 to $3,000 with an average monthly rent of $1,166.
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!