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Newest Homes for Rent in Canton, IL

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  • /13

    $698 Per Month

    • 3 Beds
    • 2 Baths
    • 952 Sq Ft
    • House for Rent

    1100 W Locust St, Canton, IL 61520

    Property Id: 2585881Affordable Home Opportunity! Looking for an affordable place to call home? This 3-bedroom, 2-bath home at 1100 W. Locust St #32, Canton, IL 61520 features a 14x68 layout and is priced at $29,000. Estimated monthly payment is $698 with an estimated down payment of $1,450. The community offers a playground, dog park, covered picnic area, clubhouse, and onsite

    (816) 608-6821

    1100 W Locust St, Canton, IL 61520
  • /8

    $850 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    115 E Valley View Dr Unit 2, Canton, IL 61520

    115 E Valley View Dr Unit 2, Canton, IL 61520
  • /2

    $1,350 Per Month

    • 3 Beds
    • 2 Baths
    • Townhouse for Rent

    1465 E Myrtle St, Canton, IL 61520

    Property Id: 2528495Very nice, newly remodeled, 3-bedroom, 2 bath modern duplex with a single car garage. Located near the Canton Junior High School.Applicant must have good to excellent credit, rent history, and work history.

    (859) 407-6139

    1465 E Myrtle St, Canton, IL 61520
  • /2

    $325 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    1100 W Locust St, Canton, IL 61520

    Property Id: 2410527Take advantage of our Handyman Home Offer! This 2-bedroom, 1-bath home features a 14x64 layout and is located at 1100 W Locust St #80, Canton, IL 61520. The home is offered at no cost.The community offers a playground, dog park, covered picnic area, clubhouse, and onsite office. Sheds are optional. If you’d like to rent a shed for extra storage, just let us

    (816) 300-9605

    1100 W Locust St, Canton, IL 61520
  • /30

    $1,295 Per Month

    • 4 Beds
    • 1.5 Baths
    • House for Rent

    159 W Locust St, Canton, IL 61520

    Discover comfort and space at 159 W Locust St in Canton, IL. This inviting four-bedroom home offers a functional layout perfect for everyday living and entertaining. With a full bath and an additional half bath, there’s plenty of convenience for busy households.Natural light fills the living spaces, creating a warm and welcoming atmosphere throughout. Located in a quiet neighborhood with

    159 W Locust St, Canton, IL 61520

Frequently Asked Questions

How much does it cost to rent a home in Canton, IL?
The median rent for a home in Canton, IL is $710 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Canton, IL?
To comfortably afford the median rent in Canton, IL, a household needs to earn roughly $28,400 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 $710 per month in Canton, IL, renters typically need to show $2,130 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 Canton, IL?
In Canton, IL, the price-to-rent ratio is 13.5, 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 Canton, IL

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$710
Median Single Family Home Rent
$710
How to Rent a Home