Rental Market Trends in Aledo, IL

Q: What is the average rent in Aledo, IL?

As of April 2026, the average rent in Aledo, IL was $489/month.

What is the average rent in Aledo, IL?

$489/month

Average Rent

0 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

As of April 2026, the average rent in Aledo, IL is $489 per month. This is 70% lower than the national average rent of $1,627/month, making renting in Aledo more affordable than most cities in the US. When you rent an apartment in Aledo, you can expect to pay about per month for a studio, $489 for a one-bedroom apartment, and around for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type

Average Rent

Average Sq Ft

One Bedroom

$489/month

0 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

How much has average rent changed in Aledo, IL?

In the past year, rent has increased by 1.1%, which averages out to $6 more per month.

Percentage*

Rent Range

0% Below $700/month

0% $700 - $1,000/month

0% $1,001 - $1,500/month

0% $1,501 - $2,000/month

0% Above $2,000/month

What salary do I need to live comfortably in Aledo, IL?

Because the average rent in Aledo is $489, you’ll want to make about $1,630 per month or $19,560 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

How does Aledo, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Aledo, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

Apartment communities in Aledo we think you'll love

407-407 SW 8th St

407-407 SW 8th St,
Aledo, IL 61231

$685

2 Beds

804 SW 4th St

804 SW 4th St,
Aledo, IL 61231

$725

2 Beds

812 SW 9th St

812 SW 9th St,
Aledo, IL 61231

$760

2 Beds

607 NE 3rd Ave

607 NE 3rd Ave,
Aledo, IL 61231

$650

1 Bed

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United States Illinois Aledo Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.