$800 Per Month
- 2 Beds
- 1 Bath
- 800 Sq Ft
- Condo for Rent
5 Park Crest Ct Unit 3, Eldridge, IA 52748
Property Id: 24707942 Bedroom Apartment No Smoking No Pets. Coin Laundry Off Street Parking 1 yr lease. No Section 8 New Kitchen Flooring
(563) 723-4849
Frequently Asked Questions
How much does it cost to rent a condo in Eldridge, IA?
The median rent for a condo in Eldridge, IA is $750 per month, though prices vary by neighborhood, size, and property type. As of May 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 Eldridge, IA?
To comfortably afford the median rent in Eldridge, IA, a household needs to earn roughly $39,000 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 $975 per month in Eldridge, IA, renters typically need to show $2,925 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 Eldridge, IA?
In Eldridge, IA, the price-to-rent ratio is 28.0, 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 Eldridge, IA are best for renting a condo?
The best neighborhood for renting in Eldridge, IA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Near North Side, North Side, Central Davenport, Riverview Terrace and Downtown Davenport, each with its own character and price range.
