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Newest Homes for Rent in Arcola, IL

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  • 101 Bailey Meadows, Arcola, IL 61910
    101 Bailey Meadows, Arcola, IL 61910
    101 Bailey Meadows, Arcola, IL 61910
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    $685 Per Month

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft
    • Bailey Meadows

    101 Bailey Meadows, Arcola, IL 61910

    Charming 2-bedroom, 1-bath home in Arcola, IL, featuring a functional kitchen with refrigerator and stove/oven. The residence includes gas heat, on site laundry, and free parking. Equal Opportunity HousingJSJ Property Management302 W Springfield AveChampaign, IL 61820

    101 Bailey Meadows, Arcola, IL 61910
  • 913 Green Mill Rd Unit 10, Arcola, IL 61910
    913 Green Mill Rd Unit 10, Arcola, IL 61910
    /2

    $1,520 Per Month

    • 3 Beds
    • 2 Baths
    • 1,147 Sq Ft
    • Reserve Arcola - Pond View!

    913 Green Mill Rd Unit 10, Arcola, IL 61910

    Third floor, 3bd/2ba unit with private covered back patio overlooking the lake.Finishes include full stainless steel appliance package, in-unit washer/dryer provided, white quartz countertops, luxury vinyl plank flooring, upgraded soundproofing, and more.

    913 Green Mill Rd Unit 10, Arcola, IL 61910
  • 915 Green Mill Rd Unit 915-3, Arcola, IL 61910
    915 Green Mill Rd Unit 915-3, Arcola, IL 61910
    915 Green Mill Rd Unit 915-3, Arcola, IL 61910
    /12

    $1,750 Per Month

    • 2 Beds
    • 2 Baths
    • 1,096 Sq Ft
    • Reserve Arcola Duplexes

    915 Green Mill Rd Unit 915-3, Arcola, IL 61910

    Reserve Arcola — Brand New Construction Duplex Homes? Attached two-car garage? Quartz countertops? Luxury vinyl plank flooring throughout? Stainless steel appliances? In-unit laundry room with washer & dryer? High-speed fiber internet ? Private covered patio? New construction — never lived inExperience the quality of a brand new home with the flexibility of

    915 Green Mill Rd Unit 915-3, Arcola, IL 61910
  • 915 Green Mill Rd Unit 915-4, Arcola, IL 61910
    915 Green Mill Rd Unit 915-4, Arcola, IL 61910
    915 Green Mill Rd Unit 915-4, Arcola, IL 61910
    /13

    $1,750 Per Month

    • 2 Beds
    • 2 Baths
    • 1,096 Sq Ft
    • Reserve Arcola Duplexes

    915 Green Mill Rd Unit 915-4, Arcola, IL 61910

    Reserve Arcola — Brand New Construction Duplex Homes? Attached two-car garage? Quartz countertops? Luxury vinyl plank flooring throughout? Stainless steel appliances? In-unit laundry room with washer & dryer? High-speed fiber internet ? Private covered patio? New construction — never lived inExperience the quality of a brand new home with the flexibility of

    915 Green Mill Rd Unit 915-4, Arcola, IL 61910
  • 913 Green Mill Rd Unit 11, Arcola, IL 61910
    913 Green Mill Rd Unit 11, Arcola, IL 61910
    913 Green Mill Rd Unit 11, Arcola, IL 61910
    /8

    $1,520 Per Month

    • 3 Beds
    • 2 Baths
    • 1,147 Sq Ft
    • Lake View!

    913 Green Mill Rd Unit 11, Arcola, IL 61910

    Lake View! three-bedroom, two-bath apartment in Arcola, IL featuring luxury vinyl plank flooring throughout and an in-unit laundry for added convenience. Large windows and a private balcony/patio offer pleasant lake views, and fiber internet is available to support fast connectivity. The layout provides comfortable living spaces and modern finishes for easy maintenance and everyday living.

    913 Green Mill Rd Unit 11, Arcola, IL 61910
Illinois Douglas County

Newest Homes for Rent in Arcola, IL

Frequently Asked Questions

How much does it cost to rent a home in Arcola, IL?
The median rent for a home in Arcola, IL is $1,520 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Arcola, IL?
To comfortably afford the median rent in Arcola, IL, a household needs to earn roughly $60,800 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 $1,520 per month in Arcola, IL, renters typically need to show $4,560 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 Arcola, IL?
In Arcola, IL, the price-to-rent ratio is 8.5, 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.

Rental Trends in Arcola, IL

There are currently 5 homes available for rent in Arcola, IL. The median rent is $1,520 per month, with single-family homes renting at $685 and condos at $1,635.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,520
Median Single Family Home Rent
$685
Median Condo Rent
$1,635
How to Rent a Home

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