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Canton, IL Houses for Rent

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    $829 Per Month

    • 2 Beds
    • 1.5 Baths
    • 832 Sq Ft
    • House for Rent

    1100 W Locust St, Canton, IL 61520

    Property Id: 2755325 Affordable Home Opportunity! Looking for a modern and affordable home? This 2-bedroom, 1.5-bath home at 1100 W. Locust St. Lot 1, Canton, IL 61520 features a 16x52 layout and is priced at $39,000. Estimated monthly payment is $829 with an estimated down payment of $1,950. The community offers a playground, dog park, covered picnic area, clubhouse, and onsite office.

    1100 W Locust St, Canton, IL 61520
  • /3

    $325 Per Month

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

    1100 W Locust St, Canton, IL 61520

    Property Id: 2787842 Take Advantage of Our Handyman Home Offer! This 2-bedroom, 1-bath home features a 14x64 layout and is located at 1100 W. Locust St., Lot 86, Canton, IL 61520. The home is offered at no cost you only need to pay the monthly lot rent. The community offers a playground, dog park, covered picnic area, clubhouse, and onsite office. Sheds are optional. If you'd like to

    1100 W Locust St, Canton, IL 61520

Frequently Asked Questions

How much does it cost to rent a single-family home in Canton, IL?
The median rent for a single-family home in Canton, IL is $710 per month, though prices vary by neighborhood, size, and property type. As of August 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 13.7, 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 Houses for Rent
2
Median Single Family Home Rent
$710
Median 3 Bedroom Single Family Home Rent
$704
How to Rent a Home