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Studio Apartment for Rent in East Alton, IL

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    $695 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    117 N Shamrock St Unit 9, East Alton, IL 62024

    Must see! Awesome studio apartment for rent now! Credit score 550+. Pets 25lbs or less will need owner approval. ALL utilities included!!By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.

    117 N Shamrock St Unit 9, East Alton, IL 62024

Why Live in East Alton

East Alton, Illinois, is a small community northeast of St. Louis known for its annual Soapbox Race of Fun, a tradition since 1995 that brings the village together every Saturday after Labor Day. With a population of 5,600, East Alton offers lower home prices compared to nearby areas, making it attractive to first-time buyers. The village features limited housing inventory, with options ranging from affordable two-bedroom homes to more expensive four-bedroom properties in desirable subdivisions like Rosewood Heights, which has been popular for over 50 years. The East Alton School District serves elementary and middle school students, boasting a low student-to-teacher ratio at Eastwood Elementary. High school students attend East Alton-Wood River High School, which is undergoing renovations to improve its facilities. Van Preter Park provides recreational opportunities with four baseball diamonds and two playgrounds for children. Dining options include Charlie’s Drive-In, known for its house-made root beer, and Roma’s Pizza, famous for its fresh ingredients and family-run atmosphere. Sever’s Market offers fresh cuts of meat and groceries. Residents benefit from proximity to Highway 3, facilitating the 21-mile commute to St. Louis for work or leisure. East Alton’s features make it a unique and practical choice for homebuyers seeking affordability and community traditions.

Frequently Asked Questions

How much does it cost to rent a home in East Alton, IL?
The median rent for a home in East Alton, IL is $695 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in East Alton, IL?
To comfortably afford the median rent in East Alton, IL, a household needs to earn roughly $27,800 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 $695 per month in East Alton, IL, renters typically need to show $2,085 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 East Alton, IL?
In East Alton, IL, the price-to-rent ratio is 16.9, 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 East Alton, IL are best for renting a home?
The best neighborhood for renting in East Alton, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Saint Louis, Central West End, Downtown West and Midtown, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$695
Median Single Family Home Rent
$875
Median Condo Rent
$695
How to Rent a Home