
Cheap Homes for Rent in Medora, IL from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Medora.


134 Lakeside Ave

120 Lakeside Ave

316 Court St

2418 Sanford Ave

208 W Thomas 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.

726 Connor St

211 W County Rd

928 Sumner St

1902 High Sun Dr

2016 Salu St

176 S Pence 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.
Medora, IL Local Guide

How much does it cost to rent a home in Medora?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medora 2 Bedroom Homes for Rent | $1,017 | $750 | $1,495 |
| Medora 3 Bedroom Homes for Rent | $1,576 | $1,000 | $3,000 |
| Medora 4 Bedroom Homes for Rent | $1,581 | $1,150 | $2,380 |
Browse Top Homes for Rent in Medora
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Medora, IL Local Guide
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Cheapest Available Medora Apartments for Rent and Nearby
 The cheapest available apartment rental in Medora, IL is a 1 Bed unit found at Lotts Landing Senior Apartments priced from $560. Bilava Village in the Paddock Forest neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Medora apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $560 |
| Bilava Village | 1BD/1BA | 1BR,1BA | $675 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $700 |
| Whispering Lake Apartments | 1BR 1BA GARDEN | 1BR,1BA | $781 |
| River Chase | Brentwood | 1BR,1BA | $855 |
Best Value Apartments for Rent in Medora, IL and Nearby
As of June 02, 2026 the best value apartment in the Medora area is the $0.54 price per square foot D1 Model at Parc at 720 in the in the Fruit Maple Carpenter neighborhood starting from $760. The second greatest value Medora apartment is the Classic Model at The Residences at Bella Vista starting at $1,075 with a $0.91 price per square foot in the North Riverfront neighborhood. Here is today’s list of the best values for Medora apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parc at 720 | D1 | 4BR,4BA | $0.54 |
| The Residences at Bella Vista | Classic | 2BR,2BA | $0.91 |
| Metro Apartments at Wood River | 2BR/1.5B TH Upgraded | 2BR,1.5BA | $1.15 |
| Victorian Village | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.09 |
| Paddock Village Apartments | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.09 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| Spanish Lake Townhomes | Luna | 1BR,1BA | $1.14 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $1.03 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.87 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $1.13 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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Frequently Asked Questions about Medora
What type of rentals are currently available in Medora?
There are currently 38 Apartments for Rent in Medora, IL with pricing that ranges from $675 to $3,010. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Medora ranging from $750 to $3,000.
What is the current price range for Rental Homes in Medora?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Medora ranges from $750 to $3,000 with an average monthly rent of $1,279.
How much are larger Three and Four Bedroom Rentals in Medora?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Medora range from $859 to $2,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $760.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.