Updated 15 Hours Ago
Location
401 Sw 8th St, Aledo, IL 61231, USA
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Property Overview
Reagan earns a strong overall score with excellent marks for price, amenities, and location, reflecting solid value and convenience for renters. It also stands out for nearby schools and grocery access, plus exceptional value per square foot compared with other properties in the area.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- High school nearby
- More space
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 550+ sqft | $750 /mo | 2 units available | McDonnell Property Management has a 2 bedroom; 1 bath apartment located at 405 SW 8th Street, Aledo ,IL 61231. The monthly rent is $750 and the security deposit is $750. There is a $200 non refundable cleaning fee as well. The tenant is responsible electric. MOVE IN SPECIAL- FIRST MONTH FREE WITH 13 MONTH LEASE - Section 8 is accepted here. There is a $25 fee per application and everyone over 18 needs to fill out their own application. McDonnell Property Managements shows available rentals daily by appointment to approved applicants. Once approved our leasing agent will reach out to schedule showings. Please go to: https www apartmentsqca com availability to put in your application. Please view the Rental Application Guidelines at the bottom of the availability page. For more information, please call our office at 563-388-6422. Our office is open Monday-Friday from 8:30am-4:30pm. Our address is 3006 W 72nd St. Davenport, IA 52806. Licensed Real Estate Brokerage in IA & IL. |
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Amenities for Reagan
Apartment Amenities
| Trash | Water |
Appliances
| Range | Refrigerator |
| Stove |
Building
| Sewer |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 4 |
|---|
About Reagan
McDonnell Property Management has a 2 bedroom; 1 bath apartment located at 405 SW 8th Street, Aledo ,IL 61231. The monthly rent is $750 and the security deposit is $750. There is a $200 non refundable cleaning fee as well. The tenant is responsible electric. MOVE IN SPECIAL- FIRST MONTH FREE WITH 13 MONTH LEASE - Section 8 is accepted here. There is a $25 fee per application and everyone over 18 needs to fill out their own application. McDonnell Property Managements shows available rentals daily by appointment to approved applicants. Once approved our leasing agent will reach out to schedule showings. Please go to: https www apartmentsqca com availability to put in your application. Please view the Rental Application Guidelines at the bottom of the availability page. For more information, please call our office at 563-388-6422. Our office is open Monday-Friday from 8:30am-4:30pm. Our address is 3006 W 72nd St. Davenport, IA 52806. Licensed Real Estate Brokerage in IA & IL.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, Reagan is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Reagan has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Reagan offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Reagan goes above and beyond to provide sought-after conveniences and desirable perks, including sewer. Renters looking for popular or luxurious features will find them here—and for that reason, Reagan receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Reagan is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Reagan does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Reagan compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 miles away
- High school nearby
- There is a high school 0.4 miles away
- More space
- The 2-bedroom is 85 sqft larger than other listings nearby
- Eco-friendly trash disposal
- This property has recycling pickup
Considerations
- Fewer storage options
- Limited cabinet or closet space
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Aledo
2-bedroom apartments at Reagan cost about the same as the average rent price for 2-bedroom apartments in Aledo.
Median rents as of Oct 24 2026.
Aledo
| Month | Median Rent |
|---|---|
| November 2024 | $700 |
| December 2024 | $725 |
| August 2026 | $685 |
| September 2026 | $685 |
| October 2026 | $500 |
Affordability calculator
Can I afford to live at 401 Sw 8th St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$30,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 2-bedrooms monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.
Neighborhood
Getting around Aledo near 401 Sw 8th St
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 401 Sw 8th St, Aledo
Groceries
4/10
Variety of groceries within a short drive
Shopping
3/10
Some shops within a short drive
Cafes
0/10
Few or no cafés within a short drive
Restaurants
4/10
Some restaurants within a short drive
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Nightlife
2/10
Some bars within a short drive
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