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Newest Homes for Rent in Chillicothe, IL

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  • /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
  • /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
  • /15

    $995

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,440 Sq Ft
    • Townhouse for Rent

    1313 W Chestnut St Unit A, Chillicothe, IL 61523

    Video tour of a different unit with same layout. The video does not footage of unfinished basement.you\ tu be. com/ watch?v=LmkKaS4JiMU

    1313 W Chestnut St Unit A, Chillicothe, IL 61523

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 $800 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
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 $32,000 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 $800 per month in Chillicothe, IL, renters typically need to show $2,400 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 18.5, 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.
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, Hillcrest and Downtown Peoria, each with its own character and price range.

Rental Home Trends in Chillicothe, IL

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$800
Median Single Family Home Rent
$775
Median Townhouse Rent
$995
How to Rent a Home