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Newest Homes for Rent in Canton, IL

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  • /5

    $625 Per Month

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    119 Vanburen Ct Unit 6, Canton, IL 61520

    Cozy one-bedroom, one-bath apartment. This inviting unit features an open-concept kitchen and living room layout, creating a comfortable space for relaxing and entertaining. Enjoy a convenient location with a functional layout and a welcoming feel — a great place to call home!Unit Details:- 1 Bedroom- 1 Bath- Kitchen/living room- Window a/c unitMove-in amount

    119 Vanburen Ct Unit 6, Canton, IL 61520
  • /2

    $700 Per Month

    • 1 Bed
    • 1 Bath
    • 400 Sq Ft
    • Condo for Rent

    411 E Chestnut St Unit 411 E. Chestnut 2, Canton, IL 61520

    Property Id: 25903161 bed/1 bath just became available. Triplex apartments. Centrally located in town near medical office and Aldi.

    411 E Chestnut St Unit 411 E. Chestnut 2, Canton, IL 61520
  • /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

    1100 W Locust St, Canton, IL 61520
  • /31

    $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
  • /5

    $325 Per Month

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • House for Rent

    1100 W Locust St, Canton, IL 61520

    Property Id: 2242960Take advantage of our Handyman Home Offer and make this 2-bedroom, 1-bathroom home at 1100 W Locust St #127, Canton, IL 61520 is ready for your personal touch. With a 14x50 layout, this home provides a perfect canvas for renovation and customization. It's a great chance to create the home you've been looking for at an affordable price. The home is FREE-just

    1100 W Locust St, Canton, IL 61520
  • /2

    $800 Per Month

    • 2 Beds
    • 1 Bath
    • 650 Sq Ft
    • Condo for Rent

    80 N Main St Unit 9, Canton, IL 61520

    Property Id: 1358834Completely refurbished 2 bedroom apartment. Bath has all new fixtures. New flooring, paint, and lighting throughout. On the corner of Chestnut and Main Street. Across from park. Great location for walking, shopping, and eating. Must complete pre-screening questionnaire to be considered.

    80 N Main St Unit 9, 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 $700 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 Canton, IL?
To comfortably afford the median rent in Canton, IL, a household needs to earn roughly $28,000 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 $700 per month in Canton, IL, renters typically need to show $2,100 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 13.3, 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 Home Trends

Number of Homes for Rent
6
Median Rent
$700
Median Single Family Home Rent
$710
Median Condo Rent
$663
How to Rent a Home