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Studio Apartment for Rent in Alton, IL

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    $1,450 Per Month

    • Studio
    • 1 Bath
    • 1,440 Sq Ft
    • House for Rent

    2514 College Ave, Alton, IL 62002

    Property Id: 2385658Step into a piece of Alton’s history.This historic brick storefront on College Avenue has served the community for over a century and is ready for its next chapter. Featuring exposed brick walls, modern finishes, updated lighting, and approximately 1,440 square feet of open retail space, this property blends timeless character with practical

    (618) 477-8268

    2514 College Ave, Alton, IL 62002

Why Live in Alton

Alton, Illinois, is a riverside town located about 25 miles north of St. Louis, known for its rich history and ongoing revitalization efforts. The downtown area features century-old brick streets and storefronts, reflecting its past as a significant 19th-century port. The city is home to a variety of historic houses, including colonial and Victorian styles, with many properties dating back to the 19th century. Homebuyers can also find midcentury bungalows and ranch-style houses. Alton's affordability is a notable draw, with homes selling for significantly less than the national average. Major employers include Olin Corporation, Wieland Rolled Products, and Alton Memorial Hospital. The Alton Community Unit School District serves 5,700 students across 11 campuses, while Marquette Catholic High School is highly rated. Alton Works is actively revitalizing the downtown area, focusing on arts, innovation, and entertainment. Local attractions include Riverfront Park, which hosts events like the Alton Jazz & Wine Festival, and Henry Street Park, home to the Alton Farmers & Artisans Market. Gordon F. Moore Community Park offers extensive recreational space, including the Spencer T. Olin Golf Course. The YWCA Southwestern Illinois provides indoor recreation options. Alton's proximity to St. Louis, accessible via U.S. Route 67 and Amtrak, adds to its appeal. Crime rates have decreased in recent years, with efforts to reduce youth violence contributing to a safer environment compared to the national average.

Frequently Asked Questions

How much does it cost to rent a home in Alton, IL?
The median rent for a home in Alton, IL is $1,000 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Alton, IL?
To comfortably afford the median rent in Alton, IL, a household needs to earn roughly $40,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,000 per month in Alton, IL, renters typically need to show $3,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Alton, IL?
In Alton, IL, the price-to-rent ratio is 10.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Alton, IL are best for renting a home?
The best neighborhood for renting in Alton, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West End, Central West End, Downtown West, Downtown Saint Louis and Midtown, each with its own character and price range.

Rental Home Trends in Alton, IL

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,000
Median Single Family Home Rent
$1,200
Median Townhouse Rent
$1,075
Median Condo Rent
$1,175
How to Rent a Home