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Chillicothe, IL Homes for Rent

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  • 15326 N River Beach Dr, Chillicothe, IL 61523
    15326 N River Beach Dr, Chillicothe, IL 61523
    15326 N River Beach Dr, Chillicothe, IL 61523
    /35

    $3,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,256 Sq Ft
    • House for Rent

    15326 N River Beach Dr, Chillicothe, IL 61523

    Welcome to riverfront living that feels like a permanent vacation. Nestled along the water in beautiful Chillicothe, this meticulously maintained 3-bedroom, 2-bath home offers something rare: step outside and you’re on the beach. Morning coffee with a front-row river view. Evening sunsets that paint the sky in watercolor. Weekends that feel like you’re miles away from everything, yet minutes from

    Bryson Smith Keller Williams Premier Realty

    15326 N River Beach Dr, Chillicothe, IL 61523
  • 227 W Elm St, Chillicothe, IL 61523
    227 W Elm St, Chillicothe, IL 61523
    227 W Elm St, Chillicothe, IL 61523
    /6

    $800 Per Month

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

    227 W Elm St, Chillicothe, IL 61523

    John Kepple Keller Williams Premier Realty

    227 W Elm St, Chillicothe, IL 61523
Illinois Peoria County Chillicothe

Homes for Rent in Chillicothe, IL

Why Live in Chillicothe

Chillicothe, Illinois, is a small riverfront town with approximately 6,000 residents, situated between open farmland and Goose Lake. The town spans five square miles and features a mix of residential streets and parks. Shore Acres Park is a popular destination for fishing, disc golf, and relaxing by the water, while Three Sisters Park offers educational farming activities and hosts the annual Spider Hill haunted house event. The town's residential areas are characterized by mid-to-late-twentieth century bungalows and ranch-style houses, many with brick or vinyl facades and varying yard sizes. Chillicothe's schools are highly rated, with South Elementary, Chillicothe Junior High, and Illinois Valley Central High all receiving top marks. Route 29 runs through the town, providing access to dining options like Castaways bar and grill and Molly’s Pizzeria, as well as a Kroger for grocery shopping. Local events include Breakfast with Santa, Christmas Bingo, and the New Year's Eve Party, along with the annual For the Health of It 5K Run. The Chillicothe Area History Museum offers insights into the town's past, with books and cookbooks available for purchase.

Learn more about living in Chillicothe

Frequently Asked Questions

How much does it cost to rent a home in Chillicothe, IL?
The median rent for a home in Chillicothe, IL is $775 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 Chillicothe, IL?
To comfortably afford the median rent in Chillicothe, IL, a household needs to earn roughly $31,000 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 $775 per month in Chillicothe, IL, renters typically need to show $2,325 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 Chillicothe, IL?
In Chillicothe, IL, the price-to-rent ratio is 18.8, 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.
What neighborhoods in Chillicothe, IL are best for renting a home?
The best neighborhood for renting in Chillicothe, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include North Peoria, West Bluff, Downtown Peoria and Hillcrest, each with its own character and price range.

Rental Trends in Chillicothe, IL

There are currently 2 homes available for rent in Chillicothe, IL. The median rent is $775 per month, with single-family homes renting at $775.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$775
Median Single Family Home Rent
$775
How to Rent a Home

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